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Beyond Capital Ventures (BCV), an esteemed venture capital firm focusing on emerging markets, has made a strategic investment in Zanifu. Zanifu is an innovative financial services platform that champions small retailers across Africa. The exact investment amount remains undisclosed, but it’s clear that BCV sees great potential in Zanifu. This venture is a reflection of BCV’s ....
“E-Logistics companies have implemented many creative solutions in response to the pandemic; overall, the industry is poised for rapid growth post-COVID-19, particularly as supply chains in sectors such as agriculture, manufacturing, and basic goods would be increasingly deemed critical,” the report said. The challenges around supply chain management, including poor communications and transportation infrastructure, were a pain point for Africa’s trade scene even before the pandemic hit. In addition, lack of access to financial services often locked small businesses and individual producers of goods out of supply chains. Advertisement IFC sees the chaos in the informal business sector which includes small-scale economic activity that often is not taxed or monitored by governments being tamed with the rise of supply chain management platforms. More broadly, adoption of emerging technology is already changing marketplaces across Africa by bringing down the cost ....