Funding In North Africa
Cairo-based ConTech Elmawkaa Raises Six Figure Seed Round
The Seed round was led by Flat6labs and joined by a Group of Oqal angels from Saudi Arabia after joining 500 Startups (now 500 Global) in Misk’s second batch in 2019. Read More
Egyptian Logistics Startup ILLA Raises 7-Figure Seed Round To Help It Grow
Launched through the Flat6Labs Cairo accelerator in March 2019, ILLA caters for corporates and SMEs, providing full-fledged transportation and logistics solutions tackling major pain points unique to the FMCG industry. Read More
Funding By Africans For Africans
Sendy Invests In Kamtar, A Logistics Company In A Bid To Accelerate Pan-African Expansion Plans
Following a recent funding round, Sendy partnered with Mobility 54 Investment SAS, Toyota Tsusho Corporation and corporate venture capital arm, to acquire a significant stake in the logistics company. Read More
DEAL: Sendbox Raises $1.8 Million In Seed Funding To Digitize Deliveries For African SMEs
Investors in this round include 4DX Ventures, Enza Capital, FJLabs, and Golden Palm Investments. With participation from Flexport and YC Combinator as part of its 2021 winter cohort. Read More
Deals To Watch
PCK & Swift Lab Have Partnered To Launch A Drone Delivery Service In Kenya
The Postal Corporation of Kenya (PCK) has entered into a 3-year deal with Swift Lab, a drone manufacturing company, to roll out drone-based delivery services countrywide. 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 |
 |  |
| 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 |
