BusinessDaily Digest

Daily Digest Tuesday, 6 October 2020

Four South African Business Incubators That Support SMEs

The Innovation Hub (TIH) has worked to support new and innovative digital businesses through their business incubators. Through these incubators, TIH has provided a business mentorship, opportunities for seed funding, commercialisation, and market access for participating startups and SMEs. Read more

Funding In Southern Africa

SA SME, Lumkani Wins Prestigious Humanitarian Award And €1-million

South African SME, Lumkani, has taken top honours in the EIC Horizon Prize for Affordable High-Tech for Humanitarian Aid and has received a whopping €1 000 000 in prize money. Read More

Sasol To Sell Part Of Lake Charles Business To LyondellBasell For $2bn

Chemicals and energy group Sasol has entered into a $2billion agreement to sell part of its Lake Charles business in Louisiana in United States to multinational chemicals group LyondellBasell. Read More

Funding In North Africa

Egyptian Private Equity Fund LCP Fund II Raises US$140m In Funding Round Led By EIB

LCP FUND II COÖPERATIEF U.A., a generalist private equity fund targeting primarily growth capital investments in SMEs and mid-market companies in Egypt, has raised US$140 million at the first closing of its investment round. Read More

Call For Entries & Other Web-Events

Webinar: How Big Deals Get Done

This Friday, October 9th, for the 9th episode of “Building in Africa”, we are interviewing Isis Nyong’o Madison, CEO of BlissGroup, a pan-African omnichannel e-commerce and community platform for parenting content and baby care products Book Your Spot Here

Top Startup Web Events In South Africa This Week

The events this week will surely be able to entrepreneurs new insight on not only how to begin their startup but also how to make their business grow from strength to strength. See More Here

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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