Daily Digest, Monday 13 July 2020
Funding In South Africa
Franc, A SA Fintech Startup Raises $300K Seed Funding
Launched in May 2018 by Sebastian Patel and Thomas Brennan, Franc is an investment robo-advisor that helps people who have never invested before access the best cash and equity funds in the market. Read more
Latest Report
Foreign direct investments in East Africa declined in 2019 – report
There could be a sharp decline in foreign direct investments (FDIs) this year due to the Covid-19 pandemic. Last year, the region posted mixed fortunes with inflows to Uganda increasing by 20 per cent to $1.3 billion due to continued development of oil fields and an international pipeline, as well as projects in construction, manufacturing and agriculture. Read more
Funding In West Africa
Mali’s Solar Energy Startup SolarX Secures Series A Funding From Energy Access Ventures
Good news for SolarX. The solar energy startup based in Bamako, Mali, has just completed a Series A financing. The deal was led by Energy Access Ventures (EAV), a seed investment fund that invests heavily in renewable energy in Africa. Read more
Call For Entries & Other Events
Enter the 2020 MTN Business App of the Year Awards
As an annual event, the MTN Business App of the Year Awards has added the launched the MTN Business App Academy, which is a dedicated app development and coding initiative. Read more
“GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation“
Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com
GFA Attract – Episode 2: Impactful Trade… Supply-Chain…Manufacturer Centric with our latest guest contributor Lenin Ugoji
Are you an entrepreneur? Share your story with us and get featured on our platform send us an email nichole@getfundedafrica.com
