Daily Digest

Daily Digest, Friday 5 November 2021

Funding In Northern Africa

Egyptian delivery startup Appetito, secures US$2mn funding round

The company recently extended its product range to include over 1000 SKUs from well-known market brands and joined the hyper convenience race by offering customers delivery in under 60 minutes in select areas. Read more

Funding In Eastern Africa

Kenyan startup, Twiga, lands $50mn in a Series C funding round to scale its operations

The transaction also provided an option for select early investors to gain liquidity through a US$30 million secondary sale, which generated up to a 100% annualized return. Read more

Funding In Western Africa

Nigerian edtech startup, Semicolon Africa, raises $1.2mn in a seed

Semicolon aims to prepare young people and businesses in Africa for the digital economy by offering the necessary technical skills for the continent’s burgeoning tech sector. Read more

Latest News

Kwara join forces With Lami Technologies to improve access to insurance

The initiative is one of the first to broaden access to help close the insurance gap amongst SACCO members, allowing more Kenyans to build financial security. Read more

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