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Daily Digest Wednesday 18 November 2020

Funding In Africa

CrossBoundary Energy Raises $40M To Scale Financed Solar for Businesses In Africa

This exit and new investment is a powerful endorsement for the role of distributed renewables in Africa and the potential of blended finance in unlocking new asset classes. Read more

Funding In Northern Africa

Egyptian Startup Wuilt Secures $535,000 Seed To Build Its Online Arabic Platform

Currently, the startup claims to be serving over 30,000 free and paying users in Egypt and Saudi Arabia. Although Wuilt’s main focus is on Arabic, the platform also supports building in English. Read more

Funding In Southern Africa

MetroFibre Networx Raises US$97.6m In Funding Round

Its investment, through its Ideas Managed and AIIF3 Funds, will support MetroFibre’s plans to densify its network in existing areas and expand its offering to an additional 300,000 residential homes across cities and towns in South Africa over the next three years. Read more

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Funding In Eastern Africa

Cigna Foundation Funds School Feeding in Kenya with US$200,000

The contribution is supported by Cigna’s Healthier Kids for Our Future®, a five-year global initiative launched in 2019 to improve the health and well-being of children – and to help build healthier, more vibrant communities for the next generation. Read more

Latest News

Africa’s First AI-Focused Startup To Investor Matchmaking Service Launches

The AI Media Group has over 1 000 companies, consisting of mainly African startups, scale-ups, and small and medium-sized businesses, on their database to which are introduced to investors. 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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