Daily Digest Tuesday, 18 May 2021
Funding In Africa
Rwandan, Zambian Energy Startups Secure Funding From Impact Investor
Rwanda’s Munyax Eco and Zambia’s WidEnergy have secured investment from female-focused fund Opens-LCEF, an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets. Read More
Funding In West Africa
Cameroon’s Maviance to Digitize Payments Across Central Africa With $3 Million Funding
Digital finance provider, Maviance, has raised $3 million to extend its services across Central Africa. The Cameroon-based company provides local, cross-border, and mobile payment solutions. Read More
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Latest News In Africa
Tunisian Ed-tech Startup GoMyCode Expands Into Various African Markets
Tunisian ed-tech startup GoMyCode has launched operations in Algeria, Morocco, Nigeria, Ivory Coast and Egypt, as well as Bahrain and France, as it expands in the wake of a funding round secured last year. Read More
Funding In West Africa
Nigerian Ethical Credit Startup BFREE Raises $800k Seed Round To Tackle Rising Consumer Debt
Nigerian startup BFREE, which focuses on improving consumers’ financial health through a tech-enabled, credit management solution, has raised a US$800,000 seed funding round to help it scale. Read More