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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

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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

Are you an entrepreneur? Share your story with us and get featured on our platform send us an email

In this episode of GFA-Attract, GetFundedAfrica’s Co-Founder, Debo Omololu discusses with Simon Tkachenko, a New-York based Venture Capital Principal at Modus Capital. Modus Capital is a $75 million fund focused on North Africa and the Middle East.

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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