Daily Digest

Daily Digest Monday 20 December 2021

Alitheia IDF Closes $100M PE Fund For Women-Driven Businesses

Women-focussed private equity fund Alitheia IDF has raised $100 million to invest in gender-diverse businesses across Africa. The fund is working to bridge the gap between women-owned and led businesses across Africa. Read more

Egypt Startup Aim Technologies Raises Seed Round From Sequence Ventures

AIM Technologies was founded by John Saad and Mohamed Moaz in 2018. The company offers an end-to-end automated customer research tool offering its customers multi-lingual text analytics solutions. Read More

Nigerian Tech Startups Have Raised $1.7 Billion In 2021 – US Ambassador

The Ambassador noted that three tech unicorns; OPay, Flutterwave, and Interswitch were born and bred by Nigerian talents. She stated that with the proper support, there’s enormous potential to do even more. Read more

GFA How To’s : How To Write A Term Sheet For A Convertible Note

This non-binding agreement takes place right before the final and official investment contract. And, since such a crucial contract — that of long-term investment — is ultimately based on that type of document, it’s important for both parties to have a clear understanding of what this commitment involves.  Read More

Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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