Daily Digest Tuesday 14 December 2021
DEAL: African Blockchain Lab Secures $6 Million To Improve Digital Asset Adoption In Africa
African Blockchain Lab, ABL, has raised $6 million in a series pre-A investment to fund the launch of its crypto wallet VIBRA and boost mass adoption of digital assets in Africa. Read More
DEAL: Octamile, Digital Insurtech Startup, Raises $ 500,000 In Pre-seed Round
Octamile, an Insurtech company enabling insurers and non-insurance businesses to protect African consumers from financial losses, has raised $500,000 in pre-seed funding. Read more
Cairo Angels Syndicate Fund Announces First Close; Fund Will Make African Investments
Egypt-focused angel investor network Cairo Angels has announced the first close of the Cairo Angels Syndicate Fund (CASF), a Delaware-based angel fund that will invest between US$100,000 and US$250,000 in startups based across the Middle East and Africa. Read More
SA Fintech Entersekt Attracts Investment From US Private Equity Firm
Entersekt currently secures over one billion transactions every month, protecting millions of financial services customers across the globe Read More