BusinessDaily DigestFundingNews

Daily Digest Friday, 25 September 2020

Funding In Africa

Endeavor Catalyst Raises $134M For Investments In African Startups

This $134M Fund III represents the largest Endeavor Catalyst fund to date surpassing the $120M target goal originally set and brings Endeavor Catalyst’s total assets under management (“AUM”) up to $250M. Read more

Funding In West Africa

Pan-African Software Company AirSmart Secures $100,000 In Investment

The Nigerian-based firm will use the funds to get the flagship product, SmatCrows, to customers in Nigeria and support the product launch. Read more

Solar Home Systems Provider, Lumos Secures US$35m From DFC To Scale Up Operations In Nigeria

The new financing will enable Lumos to produce an additional 160,000 solar home systems (SHS) to meet ever-increasing demand from homes and businesses across the country. Read more

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Funding In Other Emerging Markets

New E-Commerce Platform Launches To Support SMEs

The impact of Covid-19 has caused many small businesses to reinvent themselves with a shift towards creating an online presence to manage sales and increase their customer reach. Read more

Latest News

Kenya Unveils First Diaspora Investment Fund

Almost three million Kenyans living in mostly North America and Europe sent an estimated $3bn in remittances to Kenya last year, representing the largest source of foreign exchange for the country. 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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