Daily Digest Monday, 26 October 2020
Funding In Africa
Toyota’s Mobility 54 Fund Will Invest $45 Million In African Startups In 2021
African mobility startups may start to prepare themselves ahead of 2021 as leading Japanese vehicle manufacturer, Toyota is set to pour over $45 million in African startups next year. With its Mobility 54 investment fund, Toyota not only wants to play a key role in the development of mobility in Africa, but also to boost its vehicle sales there. Read more
Efficiency For Access Fund Gives US$3.7m To Solar Related Technologies In Africa
This funding follows a call for projects which saw the participation of several African start-ups, notably Jirogasy, Madagascar based connected objects and solar kits specialist. Read more
Funding In East Africa
Kenyan Bus Management Startup Data Integrated Secures Funding Via Bond Issuance From Toyota Tsusho
Toyota Tsusho has invested in “Data Integrated,” a startup that develops and provides operation management systems for bus operators in Kenya. The company collects bus location information in real time and provides it to businesses and passengers. Toyota Tsusho will support the digitization of bus traffic in Kenya, where it is difficult to understand the operation status. Read more
Opinion Corner
Enabling Growth In The Digital Economy: Lessons For And From South Africa [Opinion]
With the digital realm and technology presenting endless opportunities for business development and creation, Steve Briggs, Chief Commercial Officer at SEACOM, provides insight into his current projections for SA’s digital economy. Read more
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GFA Weekly Round- up Podcast
In this week’s weekly round up podcast, Nichole discussed about the funding activity between September 28- October 2
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GFA Attract Interview
Victor Boyle-Komolafe, the co-founder of Garbage In, Value Out (GIVO), a system that automates and digitises the collection, processing, and sale of recyclable materials. Watch Here
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– Anda Maqanda, founder of AM Group in South Africa