Daily Digest Thursday, 14 May 2020
Funding In Southern Africa
Absa invests in SA startup stock exchange A2X Markets
SA startup stock exchange A2X Markets has netted an undisclosed amount in investment from Absa bank. Read more
Loon signs deal to expand commercial internet service to Mozambique
Loon, the Alphabet -owned company that’s using stratospheric balloons to provide high-speed bandwidth to hard-to-serve areas without strong ground infrastructure, has signed a new deal with carrier Vodacom to expand its offering in Africa to Mozambique. Read more…
Funding In East Africa
Villgro Kenya awards $150k to 12 startups fighting COVID-19 in Africa
Nairobi-based incubator and impact investor Villgro Kenya has awarded US$150,000 in grant funding to 12 startups from East Africa with technologies and innovations that could help in testing, monitoring and managing aspects of the COVID-19 outbreak. Read more
Call For Applications
[Apply] Startups In Somalia Are Invited To Apply To Innovate Ventures’ $30k Somali Accelerator Programme
Early stage startups based in the Somali region are invited to apply to Innovate Ventures accelerator programme, which offers up to US$30,000 in equity investment. Read more
“GetFundedAfrica is a technology-based, business information platform operated by Afriscaper Research & Consulting Limited with a mission to reduce barriers to funding for African businesses. GFA matches investor ready, African & African-Diaspora owned companies with global investors, leveraging market research, industry data and news aggregation“
Introducing our latest feature writer, Ms Uchenna Agbo who recently wrote an insightful article called ” COVID19: THE MIND OF THE CEO, WHAT EMPLOYEES NEED TO KNOW…“
If you would like to raise funding for your next big business or project in Africa send us an email on mary@getfundedafrica.com