Sourcefin Secures $8.2 Million Investment to Empower South African SMMEs
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
Mustafa Abd Ellatif is an Egyptian entrepreneur passionate about empowering the youth with the needed skills for the labour market.
He is the Co-Founder and CEO of EYouth, an Egyptian ed-tech startup that provides online interactive educational programs for individuals aged between 18 and 35.
Founded in 2016 and taken online in 2018, EYouth designs and builds its online training courses aimed at helping young people develop their careers and ensure they have the required skills for the labour market.
It offers more than 45 courses in marketing management, human resources management, sales and social media, online or via mobile app, with courses chosen and designed based on market research.
Mustafa is also the chairperson of Youth Entrepreneurs Network (YEN), a USAID-backed initiative supporting the youth in their entrepreneurial journey.
South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.
Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.
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