Daily Digest Monday, 14 June 2021
Funding In Northern Africa
Egyptian Ed-tech Startup, iSchool, bags $160k Pre-seed Funding
iSchool will utilize the funds to create an online platform to grow its ed-tech services in Egypt and beyond. Read more
Egypt’s fashion e-commerce startup, Dress Code, lands $250k from Egypt Ventures
This investment helps to increase the growth of the startup and to move forward with its expansion plans, as it plans to expand in the home accessories market, especially furniture, with the aim of re-interesting customers in using local Egyptian cotton. Read more
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Funding In Western Africa
Nigeria-based Nexford University Secures $10.8mn Pre-series A Funding for growth and expansion
Nexford will use proceeds to fuel its regional expansion plans particularly in Asia, continue building products to deliver skills employers are looking for, and expand its B2B offerings. Read more
Funding In Eastern Africa
Rwandan Blockchain Startup, Leaf Global Fintech, Raises Funding From UNICEF
The goal is to give seed investment to open-source technology firms in emerging countries that have a positive humanitarian impact, especially in the area of financial inclusion. Read more