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Daily Digest Tuesday 17 November 2020

Funding In North Africa

Elsewedy Electric Secures US$54M Tenders For Toshka Transformer Substations

Ministry of Electricity and Renewable Energy and the Elsewedy Electric for Trading and Distribution signed the contracts which will see the Egyptian Electricity Transmission Company (EETC) construct the Toshka 4 transformer station of the gas-isolated type, under the turnkey system, at a value of EGP 410 million (US$28.21m). Read more

Bank Of Alexandria Secures US$6M From Saudi Arabia To Finance Digital Transformation

Egypt’s Minister of International Cooperation, Rania Al-Mashat, said that the Saudi Grant Management Committee funding for the Bank of Alexandria will strengthen financing mechanisms to support small, medium and micro enterprises, and create job opportunities. Read more

Tunisian 3D Startup Onboard Raises 175K

Onboard has raised a total of $ 250K in “Seed Funding” from several accelerators, including Flat6Labs Tunis, to invest in technology and talent development. Read more

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Funding In East Africa

Uganda MSMEs Receive $500 000 Grant

The Crude Oil Pipeline Technical Assistance project aims to assist local Ugandan MSMEs by providing them with the opportunity to access new markets and build connections with regional, national, and international companies. Read more

Opinion Corner

How Small Businesses Can Build Employee Engagement [Opinion]

As much as it sounds dry and corporate, employee engagement matters as much for smaller businesses as for large organisations. It’s not to be confused with concepts such as ‘employee satisfaction’ or workplace happiness. 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

Guest Contribution, GFA Attract & Application Portal For Funding

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Guest Contribution: Disruptive Digital Solutions Is Rewiring The DNA Of Banking

Imagine a bank whose customers can tap on a wearable device to make a payment, regularly receive updates on changes they could make to their investment portfolio through AI-generated insights. Read more

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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One thing I always tell myself and made my philosophy is to admit when I need help and I always find somebody to help. It’s crucial to admit it when you are wrong and never make the same mistake again. — Nkemdilim Begho, Future Software Resources Limited, Nigeria.

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