Daily Digest Wednesday, 1 September 2021
Funding In Northern Africa
Egypt’s Bus-hailing startup, SWVL, secures $35mn pre-funding to scale its operations
The amount of each note investor’s subscription in the PIPE was decreased by the buying price of such investor’s exchangeable note when the exchangeable notes were issued. Read more
Amethis Secures $101m To Invest In North African Businesses
It has also gathered a large range of qualified private investors, together with its partner the Edmond de Rothschild Group, representing altogether one-third of the first closing. Read more
How to raise $1,000,000 million+ through Venture Financing
Latest News
South Africa’s fintech Ukheshe partners dzcard to expand digital payment solutions in Asia
The partnership will leverage Ukheshe’s Eclipse API platform and its market-leading digital payments solutions, allowing both companies to deliver digital strategies within their respective markets. Read more
South Africa’s homeschooling provider, Impaq, establishes online schools for locals
In addition, the company has partnered with innovative tech startup Its OK, which offers its users a mental health app to track the mental health of its learners. Read more