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 |