GFA Daily Digest Tuesday, 23 March 2021
Funding In Africa
Jumia secures $400mn for operational expansion
The e-commerce giant whose stock is currently trading at $42.14 at the New York Stock Exchange expects to raise about $400 million from the exercise. Read more
Funding In Northern Africa
E-signature Startup NGSign Lands $544k Funding
The new funding will allow NGSign to consolidate its positioning in the Tunisian market and to develop to position itself as one of the leaders in electronic trust services in Africa and internationally. Read more
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Funding In Western Africa
Fintech platform, Cowrie, Raises US$750k from Stellar Development Foundation
With the contribution, SDF hopes to facilitate the path of companies like Cowrie, as well as to promote public-private partnerships in search of regulatory clarity in the region. Read more
Funding In Southern Africa
South Africa’s Edtech Startup, HyperionDev, Secures $2mn
HyperionDev has already obtained over US$400,000 in funding from some of the world’s most well-known technology firms, such as Facebook and Google. Read more