Daily Digest Friday, 3 December 2021
Funding In West Africa
Nigeria’s Flex Finance Raises Pre-Seed Funding To Help It Grow
Nigerian fintech startup Flex Finance, a mobile ecosystem that helps MSMEs and solo entrepreneurs better manage and track their daily business expenses and finances, has raised a six-figure US dollar pre-seed funding round to support its growth. Read More
Funding In East Africa
Kenyan Agri-tech Startup Shamba Pride Raises $1.1m Funding Round
Kenyan agri-tech startup Shamba Pride has raised a US$1.1 million funding round to support its expansion across the country and roll out its solution to over 1,000 shops. Read more
Funding In Southern Africa
The Vumela Fund Invests In SA Cleantech Kusini Water
The impact-focussed Vumela Fund established by FNB Business and Edge Growth has made an investment in Kusini Water – a cleantech enterprise that provides clean drinking water for the local communities and corporates. Read more
Funding In Africa
Cred Closes $180M Acquisition Deal for Expense Management Firm Happay
Credit cards payment firm Cred is acquiring corporate expense management firm Happay in a cash and stock deal valued at $180 million, according to multiple reports. The move gives Cred entree to the enterprise spending space. Read more
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