Daily Digest, Wednesday 17 June 2020
Funding In Africa
Planet42 Raises $2.4M in Funding
Planet42, an Estonian fintech company that focuses on providing access to mobility to the underbanked in Africa, raised €2.2M ($2.4M) in seed funding. Read more
France’s Largest Telecom Operator, Orange, To Enter Nigerian And South African Markets
Telecom operators in Nigeria and South Africa should be worried about their market shares. This is because Orange, France’s largest telecom operator, believes it would benefit from having a wider footprint in Africa Read more
Funding In East Africa
Kenyan govt plans $495mln+ agricultural investment in FY2020-21, down 11% from FY2019-20
The Kenyan government announced an investment of KSh52.8 billion (about $495.3 million) to boost the agriculture sector during the 2020-21 financial year starting July. The amount is 11% less than the KSh59.1 billion invested in the sector a year ago. Read more
Download GetFundedAfrica’s e-Guide to fundraising for start-up’s Here
Funding In North Africa
Morocco Launches Exceptional Support Program for Artists, Authors
The Kingdom of Morocco has highlighted the importance of arts and culture as a vehicle not only for national reorientation and foreign policy projection but also to encourage young talents Read more
Call For Applications
[APPLY NOW] Disrupt COVID-19: Digital Hackathon
Together with the UK-South Africa Tech Hub, Startupbootcamp AfriTech is inviting innovators with disruptive solutions to digitise public procurement for a 3 day hackathon. Read more
“GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation“
GFA’s must read weekend feature entitled Making Finance Work For Agriculture in Africa [Part 1] highlights Agriculture as a Wealth Creator in Africa, and explains how Unlocking Agriculture Value Chains could affect African economies. Read more
Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com