Daily Digest

Daily Digest Wednesday, 23 June 2021

Funding In Eastern Africa

Kenyan Ag-tech startup, Apollo Agriculture, raises US$1mn debt funding

In September 2020, Endeavor catalyst, an innovative co-investment vehicle accepted the founders of Kenya’s Apollo Agriculture and Nigeria’s 54gene into its global network of entrepreneurs. Read more

Latest News

Moja Ride startup partners O-CITY for digital innovation and future expansion

Transport operators, owners, and drivers can also track their revenue in real-time and manage their fleet for the first time. Read more

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G7 Development Finance Institutions and multilateral joins forces with IFC to invest over $80bn into African businesses over the next five years

Each DFI has its own investment criteria which are aligned to an assessment of the need to achieve development impact across a range of sectors. Read more

Opinion Corner

Growing Mobile Money in Africa Driven by Startup “Unicorns”

 This is according to a recent GSMA report which reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. Read more

Demystifying data privacy

 While we don’t know exactly what data is stored, shared and used by some of the global tech giants – we do know that consumer data is core to the multibillion-dollar services they offer to the market. Read more

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