Daily Digest Thursday, 3 June 2021
Funding In Africa
Chipper Cash raises $100 mn in a Serie C investment round
In reality, the shift to cashless payments and the adoption of tech-driven alternatives to receiving, sending, lending, and saving money, has seen fintech companies report increased revenues and user numbers. Read more
Funding In Western Africa
Nigerian Fintech Startup Mono, Raises US$2mn
According to the startup, it has secured partnerships with more than 16 financial institutions in Nigeria and counts Carbon, Aella Credit, Credpal, Renmoney, and Autochek as its customers. Read more
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Ghanaian Startup appsNmobile, Secures $1m Funding
The company has created the Agropay platform, a one-of-a-kind solution that allows agribusinesses to securely pay farmers for the exact amount of products supplied. Read more
Latest News
Agritech startup, Thrive Agric, sets up programme to promote smallholder farmers in Nigeria
The project aims to produce at least 50,000 metric tons of rice, maize, and soybean produced by the end of the 2021 season, which will be sold to premium markets and result in farmers enjoying higher-than-normal incomes. Read more