Daily Digest

Daily Digest Monday, 27 September 2021

Funding In Northern Africa

Moroccan transport & logistics startup, Cloud Fret, secures $390k investment from Azur Innovation Fund

Cloud Fret wants to fully digitize this process in order to optimize transportation costs while reducing the environmental impact of cargo trucks using an ethical and sustainable model. Read more

Egypt’s blockchain startup, Pravica secures investment from Crypto Valley VC

With this latest investment, Pravica is now in a strong position to scale up its operations and to continue to expand its messaging app to users. Read more


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Funding In Emerging Markets

Bank of Africa of Moroccan BMCE Group secures US$29.3mn funding from EBRD

A comprehensive technical capacity package complemented by investment incentives, both funded by the EU, will support Bank of Africa – BMCE Group in the deployment of the program. Read more

Latest News

Flutterwave & 9PSB join forces to accelerate growth and inclusive financial services in Nigeria

The partnership will also support the drive for economic growth through empowerment of the SME sector, entrepreneurs in FinTech and other industries, as well as contribute to the transformation of the informal sector to formal. Read more

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