Weekly Digest

GFA Weekly Digest November 15 – November 19 (Top Stories)

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

Nigerian mobility startup, Shuttlers, lands US$1.6mn to expand across Africa

However, it wasn’t until her internship and her first place of work following graduation that the idea for Shuttlers started to take shape. Read more

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

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

The five-year-old firm focuses on non-insurance firms with a consistent client base, as well as enterprises that offer insurance as a supplementary product. Read more

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

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