Daily Digest Wednesday, 20 October 2021
Africans Expanding
SA Fintech Startup Peach Payments Expands Into Mauritius
South African fintech startup Peach Payments has set up an office in Mauritius as it continues its pan-African expansion following a foray into Kenya in 2018. Read More
Funding In West Africa
Nigeria’s Ticketing Startup, Tix.Africa, Closes Six-Figure Pre-seed Funding
Tix.Africa, a self-service ticketing platform for event creators in Nigeria, has secured a six-figure pre-seed funding. The funding round was led by HoaQ, with participation from a number of private equity investors, and will enable Tix Africa to build its technology to scale its events apps. Read More
Three Months After Raising $42m, Nigeria’s FairMoney Secures Additional Funding
Three months after raising a $42 million Series B funding, FairMoney has secured additional funding to develop new digital banking services in Nigeria. Read More
Funding In Africa
Asante Closes First Tranche of $7.5m Series A Funding To Bridge The Gap In MSME Lending In Africa
Asante Financial Services Group (“Asante”) announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings. Read More
AIIM Completes Capital Increase For SADC Infrastructure Fund
African Infrastructure Investment Managers (AIIM) has completed a capital increase of ZAR5.5bn (c.$370m) for its flagship SADC infrastructure fund, the IDEAS Managed Fund (IDEAS). Read More
Deals To Watch
Asante Closes First Tranche of $7.5m Series A Funding To Bridge The Gap In MSME Lending In Africa
Asante Financial Services Group (“Asante”) announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings. 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 |