Daily Digest

Daily Digest, Monday 15 November 2021

Funding In Northern Africa

Egypt’s edtech startup, Educatly, secures $1mn pre-Seed round

With the support of Falak Startups and Enterprise Ireland, Educatly will achieve its growth plans faster by integrating new technologies like AI and Blockchain that will lead to maximizing the value they offer to their customers. Read more

Egypt’s mobility startup, BlinkApp, secures six-figure Pre-Seed to improve its service & expand

BlinkApp wants its technology to be loaded on cellphones with the goal of improving overall driving behavior, providing speedier roadside help, and making roads safer for everyone. Read more

Funding In Eastern Africa

Uganda’s Electric Mobility Startup, Zembo, Lands US$3.4m From Toyota, DOB Equity, and InfraCo Africa

However, they are regarded as a major source of noise and air pollution, problems that would be addressed by a transition to electric power. Read more

Funding In Southern Africa

South Africa’s Insurtech startup, Root, raises US$3mn seed funding to scale its operations across Africa

While Root intends to acquire more technical and business talent in Europe, Hopley claims that a significant portion of the company’s workforce will remain in South Africa. Read more

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