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Daily Digest Monday, 7 December 2020

Funding In Southern Africa

South Africa’s Car Subscription Startup, Planet42, Raises $10 Million In Debt Round

The startup has scoring algorithms that determine the risk factor of each customer. It then buys the car from their partner dealerships and gives it to the qualifying customer for a subscription. Read more

Funding In Eastern Africa

Kenyan Off-grid Startup SunCulture Raises $14m To Flood Africa With Solar Water Pumps

Created by Samir Ibrahim and Charlie Nichols, the start-up provides solar irrigation systems that would allow farmers on the continent to earn five to ten times more income. Read more

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Latest News

Coliba, Ivorian Waste Management Startup Ramps Up New Funding

The startup had earlier raised equity funding from the Dakar Network Angels last year, and grant cash from the GSMA Ecosystem Accelerator in 2018, and back in March secured investment from the Frankfurt-based GreenTec Capital. Read more

Kenyan Startup Launches Lease-To-Own Vehicle Marketplace

Motoqaa is responsible for the sourcing of drivers, collecting payments, and operations that ensure vehicles and drivers are kept on the road. The startup currently hosts 28 vehicles on its platform. 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, GetFundedAfrica Mentorship Program & Application Portal For Funding


Would you like to be an impact mentor?

The African continent is going through a revolution driven by its startups. Your experience could help develop the next Facebook, Google or Netflix. You can be part of this story by volunteering your time to mentor an African startup. Apply Here

GFA Attract Interview

In this Episode of GFA Attract we interviewed Efemini Awosika who is the CEO of Robert &John and Efemini Academy, shehas worked professionally for several years, schooled in different continents and obtained a number of degrees now an entrepreneur. 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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“Business is always a struggle. There are always obstacles and competitors. There is never an open road, except the wide road that leads to failure. Every great success has always been achieved by fight, every winner has scars. The men who succeed are the efficient few –they are the few who have the ambition and will-power to develop themselves. So choose to be among the few today.”

– Chris Kirubi, Centum Investment, Kenya

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