Daily Digest, Thursday 18 November 2021
Funding In Northern Africa
Egyptian health-tech startup, Bypa-ss, secures US$1mn in a pre-Seed funding round
Through linking with a cloud database, HealthTag securely stores medical records collected from different healthcare providers and gives them to their rightful owner, the user. Read more
Funding In Southern Africa
South Africa’s fintech startup, Ozow, lands US$48mn Series B funding round for operational expansion
Ozow is also focusing on working with regulators to promote open banking, including the national instant payment initiative Rapid Payment Programme (RPP). Read more
Latest News
E-mobility startup, BasiGo, launches its operations in Nairobi just after US$1mn pre-seed funding
The company says this will be enough to cater for daily round trips. BasiGo seeks to provide a clean energy alternative for the public transport industry in Kenya, which is currently dominated by fossil-fuel buses. Read more
Nigeria’s Fintech startup, E-Settlement, has bought the Ivory Coast’s QuickCash
The acquisition of Ivorian QuickCash- a leading provider of financial, agricultural, and educational digital services established in 2010, will promote financial inclusion of rural populations and those operating in the informal sectors of Côte d’Ivoire, Burkina Faso, Niger, Togo, and more. Read more