Daily Digest Monday, 12 October 2021

Funding In Southern Africa

Solar startup Sun Exchange secures $2.5 million investment

The investment comes more than a year after the startup previously received $3 million (R45.6 million) from ARPF during a Series A funding round. Read more

South African Agri-fintech HelloChoice Secures Investment From Standard Bank

South African agri-fintech startup HelloChoice has finalised a major investment from Standard Bank following several partnerships. Read more

Funding In Africa

Google Sets Up $50M Fund To Invest In African Startups

Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent. Read more

Funding In North Africa

Egypt’s Insurtech Amenli Raises $2.3 Million Seed

YC-backed startup Amenli has attracted a $2.3 million Seed round investment to provide insurance services for Egyptians. Read more

Chari.ma Raises $5 million Seed Round

This is the first time many of these investors, including GFC, PnP, Orange, Village Capital… have invested in a startup in Morocco. Find out what about their business here

Q-commerce app Lamma Raises Funding From Orange Ventures

Orange Ventures, the Venture Capital Fund of the Orange Group, has announced an investment in Tunisian mobility startup Lamma that specializes in last-mile mobility. Read more

Click here to find out more!

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