BusinessDaily DigestFundingNews

Daily Digest Monday, 21 September 2020

Funding In Southern Africa

Naspers Foundry Invests In The Food Service Industry, With Stake In Food Supply Network

Naspers Foundry, the venture capital subsidiary of the South African group Naspers, has concluded its third deal with an undisclosed investment in Food Supply Network (FSN), a food systems integrator. Read more

Funding In North Africa

Egyptian EsportsTeam Anubis Gaming Closes $300,000 Seed

Cairo-based esports team Anubis Gaming has closed $300,000 seed after raising $100,000 in fresh funds last month. The investment takes total funding raised so far by Anubis to $450,000. The latest money came from a regional ecommerce group. Read more

Appointments And Acquisitions

Platform Capital Invests in Big Cabal Media, Appoints Dr. Akindele to its Board

Platform Capital (Platform), a leading growth markets investor, has announced its investment in Big Cabal Media (BCM), a leading digital media publisher in Africa, operating out of Nigeria. Read more

Trace Group Acquires SA production Company Okuhle Media

South African audiovisual production company Okuhle Media has been acquired by Trace Group. This acquisition sees Trace take a majority stake in one of South Africa’s leading content production companies. Read more

Latest Report

Report Reveals Record Investment In Local Venture Capital Landscape

 The latest report by The Southern African Venture Capital and Private Equity Association (SAVCA), titled the  SAVCA 2020 Venture Capital Industry Surveyhas revealed that the local venture capital landscape experienced record investment and exit activity in 2019.  Read more

GetFundedAfrica’s mission is to uplift people and economies in Africa through entrepreneurship; helping companies find funding, grow, create jobs and solve society’s greatest challenges

GFA Attract And GFA Weekly Round Up

GFA Attract Series (VC Edition): Interview With Rob Eloff, Lateral Capital

In this episode of GFA-Attract, Debo discussed with South African born Rob Eloff the co-Founder & managing partner at Lateral Capital, a mission driven venture fund investing in early stage opportunities in Sub-saharan Africa to bridge the gap between capital and opportunities. Watch the exclusive Interview here

GFA Weekly Round Up September 14- September 18

In this week’s episode of the weekly round up we zoomed in on funding activity in Africa from September 14-15 Listen Here

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“Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill.

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