Daily Digest Monday, 10 August 2020
African News
New programme launches to assist female-owned tech businesses
Founded and created by Wits University’s Tshimologong Digital Innovation Precinct with financial support from J.P. Morgan, Ya Basadi in the 4IR programme is targeted at primarily female-owned businesses Read more
Germany to Ramp Up Investment in African Energy
Despite a wide range of investment opportunities in the African energy sector, limiting factors still constrain the advancement of industrial and manufacturing abilities on the continent, which include local content and skills development. Read more
Funding In Southern Africa
SA e-health startup Guidepost raises further funding to help it scale
Dominique Collett, senior investment executive at RMI and head of AlphaCode, said her company believed in the work being done by Guidepost and would continually invest in the technical tools that are enabling a technologically advanced future for South Africa. Read more
Funding In North Africa
Cairo-based Dresscode raises 6 figure Seed funding round
Co-founder and CEO, Mohamed Abdel Dayem said, “Egypt is a huge market and the textile industry is one of the highest contributors to Egypt’s GDP. We are trying the solve a problem that many manufactures, brands, suppliers face, which is how is to reach the consumer.” Read more
Egyptian fintech ElGameya raises six-figure pre-seed to help people save money
Cairo-based fintech ElGameya has raised a six-figure pre-seed investment led by AUC Angels, the startup announced in a statement, without disclosing the exact size of the investment. The round was also joined by Cairo Angels and Alex Angels. Read more
Events- Zoom Webinar
Repositioning The Agricultural Sector For Economic Growth
Schedule: 12 Noon (GMT) – Tuesday, August 11, 2020
Diversification of the Nigerian economy has now more than ever being brought to light by the advent of the pandemic and agriculture has been seen as the most viable alternative project that can be used to stimulate and sustain our economy. Read more……
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