Daily Digest Monday, 26 April 2021
Funding In Southern Africa
Zimbabwe, Kwekwe-based Carmaker Secures US$1 mil Deal With US Firm
Hende Moto, a Kwekwe-based carmaker, has secured a deal with US-firm Max Sound Corporation which will see the latter providing high definition audio equipment for the former’s vehicles. Read More
South Africa’s Online Marketplace For Home Services Kandua Raises Funding From The Catalyst Fund To Drive Growth
SOUTH AFRICA – Online marketplace for home services that connects home service professionals to customers, tools, and digital financial services in South Africa Kandua, has received undisclosed funding from Global Catalyst Fund to drive growth in South Africa and increase its product portfolio. Read More
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Funding In East Africa
Ampersand, Rwanda Secures US$3.5m Investment From VC Fund Ecosystem Integrity Fund
RWANDA – Electric motorbike company Ampersand Rwanda Ltd has secured a US$3.5 million investment from Ecosystem Integrity Fund (EIF), its largest-ever venture capital fund investment in sub-Saharan Africa. Read More Here
Funding In Africa
Zonful Energy Receives Cash Grant From GSMA Innovation Fund
A local solar startup called Zonful Energy has received financial backing from the GSMA Innovation Fund for Mobile Internet Adoption and Digital Inclusion. Read More
GetFundedAfrica African Startup Shorts, Appzone, Nigeria