Daily Digest

GFA Daily Digest Tuesday, 9 March 2021

Funding In Northern Africa

Egyptian Reward-based Startup Koinz, Secures $4.8m In Seed Funding Round

Perhaps the above facts are what attracted Justin Mateen who had previously been investing in early-stage companies all over the world for years, but has now chosen to invest in an African startup for the first time. Read more

Funding In Southern Africa

Fintech group Adumo, lands $15mn in funding

The large investment, placed as preferred shares to fund the growth of the company, will enable the fintech to make digital payment systems more affordable access to small businesses in Africa. Read more


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Apply For Funding GetFundedAfrica provides equity capital from $1,000 to $50,000. For larger amounts (Above $50,000) we organize syndicated funding rounds of up to $500,000. Apply Here

Funding In Emerging Markets

Google pledges $25mn to support women in Africa

The challenge provides $25-million in cash grants to non-profit organizations and social enterprises that are aimed at improving the livelihoods of women and girls’ lives. Read more

Opinion Corner

How has Covid-19 impacted private equity in Africa?

One major difficulty for PE investors, especially when lockdowns were at their hardest, was the inability to get on-site and visit businesses that had investment potential. Read more

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