Daily Digest

GFA Daily Digest Thursday, 4 March 2021

Funding In Southern Africa

HAVAÍC joins forces with Universum Wealth, secures funding to establish its latest fund

The new fund will allow both South African and international investors to invest in VC investments which they would otherwise not have access to. Read more

South Africa’s edtech WeThinkCode secures R9.2-million

According to reports by the edtech, the capital investment will be paid out over three years and will be used towards equipping the building, staff resourcing, and the costs towards establishing the new curriculum. Read more

Ivorian Transport Startup Moja Ride Raises Funding From Toyota Tsusho Corporation

The investment which came from Toyota Tsusho’s newly launched $45 million Mobility 54 Investment SAS (“Mobility54”) fund– a corporate venture capital subsidiary of Toyota Tsusho group, was made through the underwriting of convertible notes. Read more

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Latest News

Jumia aims to expand its food delivery service across Africa

Though it has taken some African countries longer to adapt to the reality of on-demand food delivery services, efforts are being made to improve and ensure the adoption rate grows beyond what it is presently. Read more

Spain’s Delivery Startup Glovo, Opens In Ghana

In 2017, Glovo raised $30 million in a series B funding round led by the Japanese tech giant Rakuten. Rakuten ended up being a company with a famous connection to Barcelona that came to Glovo’s aid. Read more

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