Funding In Southern Africa
Black Business Council and Ubank set up R1bn township and rural economy fund
The Black Business Council and Ubank have together set up a R1-billion township and rural economy fund. Read more
Funding In Africa
Healthcare Startup Emergency Response Africa Secures $25,000 From The Bulb Africa
The Bulb Africa, an Enov8 Solution’s tech hub has awarded $25,000 in investment funding to Emergency Response Africa through its #ALLoverCOVID19 initiative. Read more
Alitheia IDF fund gets $10m from Open Society Foundation to lend to women
Alitheia IDF, a joint venture fund between Alitheia Capital, a private equity investment in Nigeria, and IDF Capital in South Africa, has landed $10 million from American billionaire George Soros’s Open Society Foundations. Read more….
Afreximbank Bucks COVID-19 On Course to Raise over US$1 billion in Syndicated Loan
The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of US$907.5 million, comprised of two tranches of US$485 million and EUR390.4 million. Read more….
Funding In other Emerging Markets
Dubai-based startup Invygo raises $1 million USD in funding in its Pre-Series A round
Invygo has raised $1 million USD in a Pre-Series A funding round led by EQ2 Ventures, Class 5 Global, and 500 Startups. This news comes almost one year after they raised their Seed round in September 2019. Read more…
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Introducing our latest feature writer, Dr. Vincent Nwani who recently wrote an insightful article called ” BOOSTING FOOD SECURITY IN NIGERIA THROUGH INVESTMENT IN POULTRY PRODUCTION“
If you would like to raise funding for your next big business or project in Africa send us an email on mary@getfundedafrica.com
