BusinessDaily DigestFundingNews

Daily Digest Monday, 5 October 2020

Funding In West Africa

Nigerian Mobility Startup, MAX, Floats ₦10 Billion Bond To Expand Services In Africa

Nigerian mobility startup, Metro African Xpress (MAX) has successfully completed the issuanceof a ₦400 million ($1 million) 1-year fixed-rate notes series 1 Bond. The Bond is the first part of its newly floated ₦10 billion/$22 million multicurrency Private Company Bond program (dubbed the “PCB Program”). Read more

Call For Entries

Africa Esports Championship Calls On African Developers To Participate In Game Showcase Event

Africa Esports Championship (AEC) recently announced that they are hosting the Africa Games Showcase Invitation. The event is being organised in partnership with LudiqueWorks. Read More

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Funding In East Africa

African Music Service Mdundo Raises $6.4M By Listing On Danish Stock Exchange

African music service Mdundo has listed on the Danish stock exchange (the Nasdaq First North Growth Market) to accelerate its growth in sub-Saharan Africa. Read more

Funding In North Africa

Flick Raises $1M Pre-Seed Funding Round

Flick, an Egyptian seamless peer-to-peer app that digitizes the cross-border end to end money transfer, has successfully raised $1M from an angel investor in a Pre-Seed funding round. Read more

Partnerships To Watch

Zebu Investment Partners Takes Majority Stake In SA AgTech Platform

Zebu Investment Partners through its sophomore fund, the Africa Food Security Fund, has acquired a majority equity stake in South African Ag-Tech company IQ Logistica (IQL). 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, GFA Weekly Recap & Application Portal For Funding

GFA Weekly Round- up Podcast

In this week’s weekly round up podcast, Nichole discussed about the funding activity between September 28- October 2
Listen Here

GFA Attract Interview

Victor Boyle-Komolafe, the co-founder of Garbage In, Value Out (GIVO), a system that automates and digitises the collection, processing, and sale of recyclable materials. Watch Here

Apply For Funding

GetFundedAfrica provides equity capital from $1,000 to $50,000.
For larger amounts (Above $50,000)
we organize syndicated funding rounds of up to $500,000.
Apply Here

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“Entrepreneurs have to learn the power of networking and the value of mentorship, as these are the things that most entrepreneurs take for granted. And also they must know that opportunities will not come to them; they have to go out there and create them by knocking on corporate doors with proposals. Personally, I am where I am because of a business mentor who changed the way I see things.”

– Anda Maqanda, founder of AM Group in South Africa

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