Daily Digest Wednesday, 4 August 2021
Funding In Africa
Bolt has completed a $700mn funding round in order to launch a new grocery delivery service
The funds will be used to expand their new grocery delivery service, Bolt Market, as well as their existing mobility and delivery products, which will be accelerated by the funds. Read more
Funding In Southern Africa
South African Agritech Startup, Khula, launches app after securing $1.3mn funding round
The investment came in June of last year but Khula! decided to keep the round undisclosed, stalling the announcement to coincide with their recent Khula Inputs App release. Read more
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Latest News
Nigeria’s Tech startup, Ekeneze Technologies, creates Inyinya Delivery App
Much like a taxi-hailing app, the technology eliminates the expenditure of time, cost, and effort on phone calls and the internet in search of suitable motorcycle delivery riders, as currently obtains in the country. Read more
Opinion Corner
Transforming B2B payments could grow Africa’s local businesses
Africa-based businesses, contractors, and vendors make significant contributions to global company revenues across the globe. It should be easier for global businesses to pay them. Read more