Daily Digest Monday, 20 September 2021
Funding In Northern Africa
Egypt’s B2B2C payments platform dopay lands US$18mn Series A round
Through its digital banking platform, dopay aims to digitize cash transactions from employers to workers and other beneficiaries, directly addressing one of today’s largest fintech opportunities in emerging markets. Read more
Egyptian healthtech startup, Sotech, secures US$1mn in Pre-Seed funding
The Egypt-based firm intends to use the freshly raised capital to extend its operations to 500 locations and grow its market beyond Egypt, including Mecca and Madina. Read more

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Funding In Eastern Africa
Fintech startup Jumuisha lands seed funding round to expand operations
Using Jumuisha, churches, and NGOs can receive donations via USSD, bank transfer, mobile money, online payment, or credit cards, and also make payments to contractors, suppliers, and employees. Read more
Latest News
Nigerian private equity company, Dorman Long Engineering, receives equity investment from Capitalworks
Capitalworks’ philosophy is centered on building exceptional businesses through partnering with leading entrepreneurs and management teams. Read more