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Drivers of Uber and Bolt in Cape Town have suspended their business activities and embarked on a strike. What they want? A bigger cut on earnings and the fast-tracking of permits for e-hailing operators in the Western Cape.
This new investment is the third from Google’s $50 million dollars Africa Investment Fund, announced by CEO Sundar Pichai in October 2021
Google has today announced an investment into Kenya’s e-logistics company, Lori Systems that provides shippers with digital solutions to efficiently manage their cargo and transporters. | Pulselive Kenya
US Internet giant Google has acquired a stake in East African e-logistics company Lori Systems for an undisclosed sum. The investment forms part of Google’s US$50 million African Investment Fund earmarked for the continent this year. Lori Sytems, which is headquartered in Nairobi, Kenya and founded in 2017, helps digitise haulage…
African Investment Fund is part of Google's plan to invest $1 billion in "tech-led initiatives" over the next five years.