Daily Digest

GFA Daily Digest Tuesday, 2 March 2021

Funding In East Africa

Kenyan-based fintech startup ImaliPay, secures pre-seed funding

The investment will be reportedly used to expand the fintech’s offering and grow the startup’s presence in Kenya, Nigeria, and South Africa. Read more

Funding In Central Africa

Congolese Off-grid Energy firm Nuru, raises $1.2mn funding from Proparco to aid the development of mini-hybrid solar networks in DRC

Proparco’s $1.2mn fund will support the growth of this innovative company, which will have a major impact on the development of the eastern region of the Democratic Republic of Congo. Read more

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Latest News

Enygma Ventures to invest in Southern Africa women entrepreneurs

In 2021, the venture capital fund aims to invest in women-led companies located in key SADC markets such as Tanzania and Malawi. Read more

Mastercard Foundation joins forces with I&P to assist African ed-tech Startups affected by the pandemic

The partnership creates a US$10.5 million three-year program that will accelerate 30 education entrepreneurs in Ghana, Ivory Coast, and Senegal by addressing key challenges related to access, quality, and relevance faced within the sector. Read more

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