Daily Digest Monday, 26 July 2021
Funding In Northern Africa
Egyptian Health-tech startup, Estshara, secures US$500k funding for operational expansion led by Egypt Ventures
Estshara plans to use its new funding to grow its current user base to six million by the end of 2021, by providing extra offerings and customer care activities. Read more
Funding In Western Africa
Nigerian Healthtech startup, RxAll, secures US$3.15mn funding
With the latest funding, the company hopes to expand to an additional 14 locations before the end of the year, with a pan-African strategy in the works for next year. Read more
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Fintech startup, Chaka, raises US$1.5mn pre-seed funding for regional expansion
The funding will enable Chaka to continue on its mission to enable borderless investments across Africa and deliver digital investments solutions for African businesses. Read more
Funding In Southern Africa
South African Home Services Startup, Kandua, Lands Series A Funding Round
This comes after seed funding from angel investors such as ASISA ESD Initiative, IDF Capital, and Catalyst Fund, the startup states. Read more