Daily Digest

Daily Digest Friday, 10 September 2021

Funding In Africa

Glovo wants to expand its operations across Africa with a $60mn investment

The company predicts that the investment will allow 6.5 million individuals to use its app, furthering its goal of making everything available to everyone in all towns and cities. Read more

Funding In Emerging Markets

BCI Holding receives US$30mn from IFC to aid its expansion drive-in Africa

The financing will help BCI develop regional supply chains for polyurethane, a versatile product used in insulation, footwear, packaging, and other industries. Read more

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Latest News

South African startup Enlabeler partners with Telkom to launch translation platform

According to Telkom, the izwe.ai platform has a unique ability to interpret South African accents. It also uses machine learning to constantly improve its translations. Read more

MTN Partners with FinTech Unicorn Flutterwave

MTN MoMo is a fintech platform providing consumers and businesses with an electronic wallet, enabling electronic transfers and payments as well as access to digital and financial services. Read more

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