Daily Digest Tuesday, 10 August 2021
Funding In Western Africa
Nigerian mobility startup, Moove, secures $23mn led by Speedinvest and Left Lane Capital
Moove says it is democratizing vehicle ownership by employing a revenue-based vehicle financing model. However, this applies to only a subset of the driving population across the continent Moove calls mobility entrepreneurs. Read more
Nigeria’s agritech startup, Zowasel bags $100k funding
So far, the startup has partnered with national and multinational crop processors to provide a platform for local crop sourcing and global export of commodities. Read more
Funding In Eastern Africa
Health-tech Startup, BYON8, Raises $1.5m Seed Round To Scale Its Operations In Africa
All BYON8 customers have access to the BYON8 platforms, which include a rule-based diagnostic engine with over 3.5 billion patient cases and 100,000 rules. Read more
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Funding In Emerging Markets
AFDB pledges US$500k to aid African women in agriculture
The Bank, through its Affirmative Finance Action for Women in Africa (AFAWA) initiative, has committed up to US$5 bn to finance women’s businesses on the continent by 2026. Read more
Latest News
FM:Systems purchases South Africa’s visitor management startup WizzPass
The WizzPass acquisition increases the already commanding breadth of the FM:Systems portfolio of products, ensuring that clients can continue to tackle the most daunting real estate and facilities challenges with a single, trusted vendor. Read more