GFA Daily Digest Monday, 29 March 2021
Funding In Southern Africa
Biomedical engineering startup, Impulse Biomed, Raises Funding From Futuregrowth
The unique and ground-breaking device has the potential to transform the emergency treatment of life-threatening anaphylaxis. Read more
Funding In Eastern Africa
Kenya’s Agency Banking Startup, Tanda, Raises Funding For Regional Expansion
The growth comes on the back of successfully pioneering and proving the viability of the interoperable agent and merchant model in Kenya, a model that has only been validated in West Africa prior to Tanda. Read more
Standard Chartered Bank Kenya, issues US$3mn funding to Devki Group
Devki utilized part of the financing to supply oxygen cylinders to hospitals across the country which are serving individuals affected by the Covid-19. Read more
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Latest News
South Africa’s fintech startup, Payflex, unveils buy now pay later interest-free feature
The platform has been developed to inform users on how and when payments are required, creating a transparent buy now pay later system with consumers. Read more
Proparco & Société Générale Moçambique join forces to promote SMEs in Mozambique
This operation demonstrates the priority accorded by Proparco to supporting the private sector in fragile countries, particularly in high-impact sectors. Read more