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Daily Digest Friday, 31 July 2020

Malabu Scandal: Netherland, Switzerland to send $200 million to Nigeria

Nigeria’s Minister of Justice, Justice Abubakar Malami, says that the Dutch and Swiss governments are expected to send the sum of $200 million from the OPL 245 Malabu Oil deal to Nigeria.

Funding In East Africa

Dubai’s Network International to Acquire DPO Group for $288 million

Dubai-based Network International, digital payments group operating across the Middle East and Africa is set to acquire Nairobi-based DPO Group for approximately USD288 million. Read more

Kenya’s Data Analytics Startup Superfluid Labs Secures Investment From ShEquity

Newly launched women-entrepreneurs-focused fund ShEquity has made its first investment in Nairobi-based data analytics and AI platform, Superfluid Labs, making the latest investment part of series of investments into the startup in recent time. Read more

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Funding In West Africa

Lagos sets up N1 billion seed capital for hospitality sector, rolls out optical fibre across the state

The Lagos State Governor, Babajide Sanwo-Olu, has announced the approval of a N1 billion seed capital for investment in the tourism and hospitality sector in the state. The N1 billion seed capital is to help drive new growth in that sector Read More

Opinion Corner

‘Entrepreneurship can come out of necessity or innovation’ – Kolawole Olajide

An exclusive interview with Kolawole Olajide who is the co-founder of BridgeLabs, his third entrepreneurial project that was founded from his interest in building high-quality technology products designed to enable forward-thinking organizations to compete and perform in the 21st century. Read more

GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation

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Emerging Opportunities In Growth Sectors Amid Covid-19 Crises

With the Covid-19 pandemic pushing the global economy (Nigeria inclusive) to record decline, creativity and innovation in goods and services have become very imperative and necessary, perhaps the competitive advantage factor. Opportunities for productivity and economic optimization abound in sectors like healthcare, agriculture and food, manufacturing, ICT amongst others. Read more

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email:

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