GFA Weekly Digest June 21 – June 25 (Top Stories)
Nigerian prop-tech, Seso Global secures $600k pre-seed funding
According to the company, the new influx of funds will be used to scale operations in its existing markets and heavily promote the adoption of its new props CRM platform for property developers working across Africa. Read more
Lagos overtakes Nairobi as Africa’s top Startup City
StartupBlink is the world’s most comprehensive startup ecosystem map and research center, working to uncover the momentum of startup ecosystems globally and to accelerate their growth. Read more
Egyptian digital freight marketplace, Trella, lands $42mn led by Maersk Growth
The startup plans to use the latest funds to expand its technology and product development to drive growth and consolidate its position as the regional market leader. Read more
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South Africa’s digital health startup, Quro Medical, raises $1.1mn seed funding
Quro Medical’s affordable and accessible solution combines state-of-the-art hardware and software and clinical excellence to manage acutely ill patients in the comfort of their homes. Read more
How South African SMEs Benefit from Alternative FinTech
Heilbron says that access to rich, online data sources enables these lenders to assess whether a borrower is a credit risk without the usual requirement for audited financial statements and prolonged processing. Read more