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Daily Digest Friday, 18 September 2020

Funding In West Africa

Cameroonian Start-up , Freshbag, Secures Investment From Greentec Capital

Freshbag leverages on its network and in-depth experience in the industry, to buy produce from farmers and suppliers at fair market prices and dispatches the products to thousands of street vendors in cities across Cameroon. To further strengthen the ecosystem, Freshbag is offering micro loans and technical assistance to partner farmers, distributors, and vendors. Read more

Funding In East Africa

Palladium Acquires Minority Stake In Bamboo Capital Partners

Bamboo and Palladium have joined forces to achieve their shared objective of mobilising private sector investment at scale to significantly contribute toward the UN’s Sustainable Development Goals by 2030. Read more

Latest News

Morocco Launches New US$163m Windfarm To Boost Renewable Energy Utilization

According to a statement by Morocco World News the launch “follows the finalization of various agreements and contracts with Moroccan public entities, stakeholders ‘ONEE and MASEN’ and the establishment of financing provided by international banks.” Read more

Anzisha Prize Announces Top 20 Very Young African Entrepreneurs As Part Of 10th Year Celebration

This year’s application season saw a record number of 1 200 applicants vying for a chance to join the Anzisha Prize fellowship. From these applications, 20 businesses emerged that were forty-five percent female-owned and represented sectors such as agriculture, manufacturing, and education. Read more

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Opinion Corner

South Africa Needs To Scale Its Creative Economy [Opinion]

If South Africa is to ever thrive, it needs to evolve and truly start to compete in the knowledge economy. Until our economy is realigned around how we can sell world-class thinking and creative skills, services, and time, with intangible products at the core, we will always be fighting the last war and not the next one. Read more

Nichole discussed the funding activity recorded on the GFA platform and deep dive into the blockchain industry in Africa.

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