Daily Digest Thursday 6 August 2020

Funding In East Africa
UGANDA: AfDB grants US$ 6.5 million for Kayunga Water Supply Project
The Uganda Strategic Towns Water Supply and Sanitation Project has just received funding from the African Development Bank (AfDB). The financial institution is lending more than 6.5 million dollars Read more
IFU and Norfund back safari operator in East Africa
IFU and Norfund have jointly provided $9m in debt financing to Asilia Africa, a safari operator in East Africa, to fund the company during the COVID-19 crisis and sustain the impact until the safari tourism is back to normal. Read more
Funding In North Africa
SMGF gets new investor
SEAF Morocco Growth Fund (SMGF), an investment fund whose strategy is to invest in seed to early-stage innovative companies with high-growth potential in Morocco, has welcomed ASMA Invest as a new investor. Read more

Exclusive Interview
INTERVIEW: ITC Infotech Set to Invest in South Africa
IT services major ITC Infotech is all set to take its long-standing association with South Africa to the next level. The company will soon inaugurate a new global delivery centre in Johannesburg. Read more
Call For Entries & Other Events
Shift Fund reopens applications for funding
The new fund was founded in a response to the impact of the current Covid-19 pandemic and focuses on entrepreneurs and innovators in Southern Africa who are passionate about creating new solutions that address challenges facing Africa both during and after the pandemic. Read more
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