Kobo360 is launching in Kenya at a time when the country is gradually becoming a hotbed for freight logistics startups. It faces competition from Lori Systems and Sendy Logistics.
Investors are betting on Kobo360’s ability to meet a rise in demand in cargo deliveries on the back of the newly-minted Africa Continental Free Trade Agreement (AfCFTA). But the startup’s ambitions will partly depend on the proper and effective implementation of the AfCFTA.
On the 27th of September at 9 am, Techcabal is bringing together the most knowledgeable and influential mobility entrepreneurs, investors and policymakers to explore, discuss and define the potential of Africa’s mobility sector, the challenges and what the future holds.
Ecoligo will use the funds to scale up its model, which provides businesses with solar power systems through crowdfunding, in Ghana and Kenya.
Nigerian solar energy company, Arnergy has closed a $9 million Series A round led by Breakthrough Energy Ventures with participation from All On Energy, ElectriFI and Norfund.
On the 11th of July, Techcabal is convening African governments, regulators, investors, development agencies, multinationals and entrepreneurs to discuss The Future of Africa’s Energy.