The Africa Money And DeFi Summit Came To Accra
Ozé is going to pitch at Techcrunch, Farmerline raises $14 million and Shell acquires Daystar Power
What’s happened this Week:
African restaurant platform Vendease raises $30 Million
AkooBooks gears up for African audiobooks push with a new technology partner
Chipper Cash gets authorization for remittances from US to Ghana
and more!
The Africa Money and DeFi Summit West Africa officially kicked off on 27th and 28th September at the Movenpick hotel in Accra.
In attendence were various stakeholders and players in the fintech space including Paystack, Flutterwave, Bank Of Ghana, EMTECH, Polygon, YellowCard, Bamboo and many more.
Tech Nova was a media partner for the event and we were present for both day covering the panel sessions and some of the masterclasses.
You can read about our Day 1 and Day 2 highlights from the event.
In The News This Week
Vendease Raises $30 Million To Transform Procurement and Business Operations for Restaurants Across Africa
Vendease, a Y Combinator-backed digital platform that allows restaurants in Africa to buy supplies, access financial services, and power their business operations, has raised $30 million in an equity and debt funding round to consolidate its growth and operations in Nigeria and Ghana, and to support its expansion across the continent.
AkooBooks Is Relaunching With Beat Technology For Audiobooks
AkooBooks Audio, Ghana’s first publisher and streaming platform for Black and/or African audiobooks and other spoken-word content, will be relaunching its platform on October 20.
MEST Selects Six Ghanaian Startups To Benefit From New Accelerator Model In The MEST Express Program
MEST has selected six impact-driven startups to take part in MEST Express Accelerator’s first-ever cohort focused on sustainability.
Farmerline Group Raises $14.4 Million In Pre-Series A With $1.5 Million Investment From Oikocredit
Farmerline Group today announced the second close of a Pre-Series A investment raise with an additional US$ 1.5 million investment from social impact investor Oikocredit.
Ozé Selected To Pitch At Techcrunch Disrupt 2022
Oze, the Ghanaian fintech startup has been selected as one of 200 startups to pitch in San Francisco at the prestigious Techcrunch Disrupt 2022.
Chipper Cash To Provide Remittance Services From The US To Ghana
Chipper Cash, a cross-border payments app, has received authorization from the Bank of Ghana to provide remittance services from the US to Ghana
Shell To Acquire Renewable Energy Provider Daystar Power
Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, announced its acquisition by Shell.
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Africa Ecosystem Funding Activity
Egyptian logistics startup Trella secures significant debt facility to expand operations - Disrupt Africa
SA digital identity startup iiDENTIFii raises $15m for African expansion - Disrupt Africa
SA online home services startup SweepSouth raises $11m for further expansion - Disrupt Africa
Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda - Techcrunch