Daily Digest Wednesday, 15 September 2021
Funding In Eastern Africa
Ethiopian startup Viable Solutions secures US$200k in pre-seed capital
The startup intends to combine mobile money USSD services and integrate third-party on-demand services such as ride-hailing and food delivery into its platform. Read more
Funding In Emerging Markets
Malawi Solar Energy Startup, Yellow, Lands US$4mn Debt Financing
Yellow has enhanced energy availability for over 400,000 people while also reducing CO2 emissions by 12,000 tons per year by replacing kerosene with clean solar illumination and other devices. Read more
Click here to find out more!
Latest News
Software firm Karooooo buys Picup for US$5mn as it eyes South Africa’s e-commerce space
The Picup platform allows enterprises and transporters to plan and allocate their loads and access real-time tracking and proof of delivery with automated payments. Read more
Mastercard Foundation and University of Rwanda announce US$55mn partnership to help enhance the development of next-generation African leaders
The Mastercard Foundation Scholars Program was launched in 2012 and is part of the Mastercard Foundation Scholars Program. Read more