Daily Digest Tuesday 4 August 2020
Funding In Africa
New early-stage Venture Capital Fund to back cohort companies launches
South African based business accelerator, Grindstone has launched a new Venture Capital Fund, Grindstone Ventures, dedicated to providing early-stage equity funding to its cohorts of companies and alumni. Read more
Through AFAWA, the Bank seeks to bridge the $42 billion financing gap faced by women-empowered businesses
Marieme Esther Dassanou is the Coordinator of Affirmative Finance Action for Women in Africa (AFAWA) the African Development Bank’s flagship pan-African initiative, which aims to bridge the $42 billion financing gap facing women entrepreneurs in Africa Read more
Kenya’s Ride Hailing Firm Gets $3 Million Boost
With the expectant competition in ride hailing business subsector across the continent, existing operators are working on boosting the competitive edge of their brands. Read more
Top startup web events in South Africa this week
This week’s line up of events covers how to access startup financing, mentorship for fintech startups to accessing the power of Forex in order to increase one’s funding as a startup. 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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