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Female focussed incubator closes on two investments

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Women make up 58 % of the Africa's self-employed population

The Future Females Invest (FFI) Angels has closed on two investments in Giving Way and Digital Media platform AMP Global Technology.

Both of these investments fit with FFI’s criteria of having a strong woman co-founder, positive impact and returns, solving a problem with technology, and building a strong competitive edge.

Future Females Invest (FFI) Angels has been co-founded by Aysha Tegally and Tori Abiola to compliment the work of FFI which empowers African women entrepreneurs.

FFI runs the only female focussed incubator and accelerator in Mauritius and works with female founders from across Africa.

The FFI programs are helping women entrepreneurs build competitive businesses while uplifting their communities. FFI Angels bring capital to these entrepreneurs as women are facing huge challenges to raise financing, despite being better investees and borrowers.

Aysha Tegally, co-founder of FFI Angels, said, “We are excited to invest in GivingWay and AMP Global Technology. Both organisations are working towards the betterment of Africa and emerging markets, which we strongly support.”

“GivingWay is empowering a lot of African charities and giving them access to the tools and funding they need to accomplish their important goals. AMP Global is also revolutionizing the telecom and media industries by empowering fans to earn mobile data to discover and amplify great content,” she added.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.

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