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