Daily Digest

Daily Digest Monday, 18 October 2021

Funding In West Africa

Nigerian Digital Bank Sparkle Raises $3.1m Seed Round To Help It Scale

Nigerian startup Sparkle, a mobile-first digital bank that provides financial, lifestyle and business support services to Nigerians across the world, has raised a US$3.1 million seed funding round to help it invest in infrastructure and scale across the diaspora. Read More

Nigerian Wi-Fi Sharing Startup Wicrypt Raises USD 1.5 Mn Funding

Wicrypt, a Nigerian blockchain-based Wi-Fi sharing startup, has raised USD 1.5 Mn in a strategic funding round to help it expand into new countries. Read More

With $350k Pre-seed, PaySika Is Building A Neobank For The Unbanked In Francophone Africa

PaySika has some interesting counterparts in Francophone Africa. Ivory Coast’s Djamo is building a financial super app, and Julaya wants to help businesses reach the unbanked. Read More

Funding In North Africa

Egypt’s Nawah Scientific Adds High-level Investor Ahead Of Series A Round

Egypt-based life science startup Nawah Scientific has sold a strategic stake to Essam Abdelhadi, the former vice president Middle East, Turkey, Africa and Pakistan (METAP) of Abbott, a US-based healthcare multinational, ahead of its upcoming Series A round. Read More

Funding In Africa

São Tomé and Príncipe: African Development Fund Extends A USD 10.7 Million Grant To Support SMEs In Agriculture And Tourism

( AfDB) – The Board of Directors of the African Development Fund approved on Wednesday in Abidjan, a grant of US $ 10.7 million to São Tomé and Príncipe for the implementation of the first phase of the Zuntámon Initiative, within the framework of the Lusophone Compact. Read More

From The GFA Team

To Be African Or Not To Be African That Is The Question: African In The Diaspora (Diary)5 Steps for Personal Development: Life Changes With Efe
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Africa was the birthplace of the human species between 8 million and 5 million years ago. Read More Personal development is a lifelong process, it refers to the continuous act of evaluating your values and goals towards building your skills and qualities to reach your potential. 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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