Daily Digest Thursday, 2 September 2021
Funding In Eastern Africa
E-logistics startup, Ridelink, lands $150k in pre-seed funding from Ortus Africa Capital
The company looks to drove down the cost of transport for SMEs by connecting businesses to truck drivers through technology that facilitates the smooth running of business operations increasing revenue, motility efficiency, and performance. Read more
Latest News
After Investing $63.6mn In Souq.com, Amazon is set to Formally Launch In Egypt
The company announced that Amazon Seller Central, the company’s seller management tool, is now open for registration in Egypt via sell.amazon.eg, where individuals can set up their accounts. Read more
How to raise $1,000,000 million+ through Venture Financing
Zoom reveals the first set of startups to secure funding from its $100 million investment fund
The Zoom Apps Fund was a part of Zoom’s mission to transform from an application into a platform after it announced Zoom Apps Development tools and the Zoom Apps marketplace last year. Read more
MotiSure creates an API-powered insurtech platform in Kenya
MotiSure tackles this by applying innovative Internet of Things (IoT) and telematics tech to the moto-taxi industry and having tested the product in the market with over 4,600 pilot users is now seeking to roll it out with its first big client. Read more