Daily Digest

Daily Digest Wednesday, 9 June 2021

Funding In Northern Africa

Egyptian Digital Bank Telda, Lands $5mn Pre-seed Funding Round From Sequoia Capital

Although Sequoia Capital led the round, the investment also saw the participation of US venture capital firms, Global Founders Capital, and Class 5 Global. Read more

Moroccan Ecommerce Startup, Epicerie Verte, Secures $748k

With its fundraising, the young company also intends to recruit and attack the European market to promote organic “Made in Morocco”. Read more

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Funding In Eastern Africa

Kenyan Insurtech Startup, AiCare, bags Funding

By accelerating the penetration of telematics insurance in the African insurance market, the investment in AiCare aims to provide higher quality insurance coverage to drivers. Read more

Funding In Southern Africa

South Africa’s Startup Circles Secures $150k Funding

 The creative platform is assisting the ecosystem and entrepreneurs by providing affordable courses starting at $67 to the growing entrepreneurship community. Read more

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