Daily Digest Friday, 3 September 2021
Funding In Northern Africa
Moroccan startup, Lacaisse.ma, lands Funding for operational expansion
Additionally, the founders intend to provide managers, particularly restaurant owners, with an almost exclusive digital partner, as well as provide them with a 360 checkout. Read more
Funding In Western Africa
Nigerian e-commerce startup, Bumpa, raises US$200k in pre-seed funding
With a 50% month-over-month growth rate, the startup has already onboarded over 7,000 merchants. So far, merchants have listed over 30,000 products and processed over US$500,000 in transactions. Read more
How to raise $1,000,000 million+ through Venture Financing
Latest News
Egyptian Logistics company, DIGGIPACKS purchase e-commerce solutions provider FWRUN
The company’s remarkable growth in its first and second years, respectively, reflected these acquired experiences. With a daily capacity of 5,000 shipments and a floor area of more than 15,000 square meters, Diggipacks can service merchants. Read more
Nigeria to join forces with Bitt Inc to create its own digital currency eNaira
After Nigeria banned banks and financial organizations from dealing with or aiding cryptocurrency transactions in February, the Central Bank revealed intentions to introduce its own digital currency later this year. Read more