Daily Digest

Daily Digest Monday, 7 June 2021

Funding In Northern Africa

Egypt’s Gaming Startup, Gamesbandy, raises Fund For Operational Expansion In The Region

The money will go into expanding Gamesbandy’s platform to accommodate additional games, investing in marketing, and expanding regionally to become MENA’s one-stop-shop for game trade. Read more

Funding In Eastern Africa

Kenyan InsurTech Startup, Lami Technologies, Secures US$1.8mn Seed Funding

Lami co-designs innovative products with its underwriting partners to enable businesses to offer unique insurance products to their underlying customer base, with flexible options that meet their needs and cash flows, such as monthly medical policies for startup employees. Read more


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EthioChicken Secures US$5mn Investment From OP Finnfund Global Impact Fund I

In addition, the company helps households improve their nutrition and livelihood, particularly in rural regions, by breeding chicks that provide both eggs and poultry meat. Read more

Opinion Corner

Venture Capital trends shaping the African investment landscape

As a result of this, local entrepreneurs with the right mix of local and international experience are increasingly driving the success of African startups and attracting local and international investment. Read more

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