Daily Digest

Daily Digest Friday, 30 July 2021

Funding In Northern Africa

Egypt’s proptech startup, Nawy, secures Seed round from Sawiris Family Office

Also participating in the investment round was a roster of notable angels, including Hatem Dowidar (renowned telecom leader and angel investor). Read more

Funding In Southern Africa

South African Insurtech startup, Pineapple, secures US$5.4mn Series A funding round

Pineapple will use the investment to expand further into the car insurance space after an impressive last six months of growth. Read more

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InsurTech Startup, Ctrl, Lands US$2.3mn

The investment is part of Naspers’s R1.4 billion commitment to grow early-stage tech companies through its tech investment vehicle, Naspers Foundry. Read more

Funding In Western Africa

SmartHotel Secures US$1mn From Smok Ventures

The new investment will go into the development and expansion of its innovative software that enables contact-free and easy communication with guests in hotels and apartments in Nigeria, Tanzania, Poland, and South Africa. Read more

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