Daily Digest

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

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