Daily Digest Friday, 30 July 2021
Funding In Northern Africa
Egypt’s proptech startup, Nawy, secures Seed round from Sawiris Family Office
Also participating in the investment round was a roster of notable angels, including Hatem Dowidar (renowned telecom leader and angel investor). Read more
Funding In Southern Africa
South African Insurtech startup, Pineapple, secures US$5.4mn Series A funding round
Pineapple will use the investment to expand further into the car insurance space after an impressive last six months of growth. Read more
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InsurTech Startup, Ctrl, Lands US$2.3mn
The investment is part of Naspers’s R1.4 billion commitment to grow early-stage tech companies through its tech investment vehicle, Naspers Foundry. Read more
Funding In Western Africa
SmartHotel Secures US$1mn From Smok Ventures
The new investment will go into the development and expansion of its innovative software that enables contact-free and easy communication with guests in hotels and apartments in Nigeria, Tanzania, Poland, and South Africa. Read more