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