Daily Digest Tuesday, 14 September 2021

Funding In Northern Africa
Egyptian e-commerce startup, Capiter, secures US$33mn in a Series A round from Quona Capital
Also, a large portion of the manufacturers’ end trade happens via traditional channels where there is basically no transparency over data or market insights. Read more
Egyptian fintech startup, Kashat, lands $1.75mn Bridge round to accelerate its growth in the Continent
By providing micro-loans and nano-financial services to Egypt’s unbanked sector, Kashat is tapping into a market that constitutes more than 70 percent of the population. Read more

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Funding In Emerging Markets
Vodacom invests US$563k in solar as part of its carbon management strategy
The latest investment comes a year after the telco installed solar panels capable of generating up to 34kW of power at its Randburg base station controller in Gauteng. Read more
Latest News
African Infrastructure Investment Managers buys stake in Sodigaz
Sodigaz offers a strong commitment to the energy transition and also runs a growing solar energy business that supplies domestic and industrial solutions. Read more