Daily Digest

Daily Digest Tuesday, 12 October 2021

Funding In Africa

DPI Raises A Record $900M Fund Targeting Innovative African Companies

Development Partners International (DPI), a premier investment fund, has announced that its Africa Development Partners III Fund has raised an impressive $900 million in addition to US$250m in dedicated co-investment capital. Read more

Cardano’s EMURGO Africa To Invest $100 million Into Blockchain Startups In Kenya, Nigeria, SA & Egypt

EMURGO, the commercial arm and a founding entity of the Cardano blockchain has launched EMURGO Africa to fund, mentor and connect African blockchain-powered startups to industry players in Africa and Asia. Read More

Klasha Raises $2.4M To Allow African Shoppers To Pay International Online & Offline Retailers In African Currencies

 Klasha, a San Francisco based cross-border technology company, has raised $2.4 million in seed funding to help international B2B and B2C businesses such as ASOS, Zara, Amazon or Zoom to receive payments seamlessly online in African currencies from consumers across Africa. Read more

Pan African Fintech Startup Payday Secures $1m Pre-seed Round To Build Africa’s Paypal.

Payday, an African fintech startup, has secured $1 million in pre-seed funding to continue its efforts to make global payments more accessible to Africans. Read more

Funding In West Africa

Cameroon’s Ejara Secures $2M To Provide Crpto And Investment Services In Francophone Africa.

Ejara, a Cameroonian financial services platform, has secured $2 million in a seed round led by Coinshares Ventures and Anthemis Group to help Francophone Africa lead in crypto use and investment services. Read more

Click here to find out more!

Funding in Southern Africa

SA Prop-tech Venture Builder Secures Investment

Cape Town-based Castle One, a prop-tech venture capital and private equity organisation has reportedly secured a notable investment from HL Hall and Sons Holdings (‘Halls’). Read more

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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