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Why microplastic pollution in soils and crops is ‘raising alarm’ among experts

Fast Company Tech

In Uganda’s Mbale district, famous for its production of arabica coffee , a plague of plastic bags locally known as buveera is creeping beyond the city. But the agriculture industry itself only accounts for a little over 3% of all plastics used globally. They show up in layers of excavated dirt roads and clog waterways.

Uganda 113
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Uganda in the spotlight as country’s startups captivate YC, Google

TechCrunch

Uganda is one of the countries creating ripples in high-profile tech programs like the Y Combinator accelerator and Google’s $50 million Africa Investment Fund, launched in October last year targeting early and growth-stage startups. Another startup, Ensibuuko , raised $1 million in seed funding last year from FCA Investments.

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Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

TechCrunch

It has been a hot sector for investors, and today’s news shows they aren’t slowing down in backing these startups just yet as Sokowatch , one of the major players in the space, announced that it has raised $125 million in Series B funding. But we’ve been able to do that on our own without raising any kind of separate debt facilities.

Global 94
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Health tech startup mPharma acquires Vine Pharmacy, enters Uganda

TechCrunch

Abraaj bought Vine Pharmacy in 2013 when it was the largest pharmacy chain in Uganda. Vine used to be the biggest pharmacy chain in Uganda. Rockson said that he hopes to take Vine Pharmacy to its former glory, when it held the position of the biggest retail pharmacy chain in Uganda. s development finance institution, last year.

Uganda 84
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Google’s Africa Investment Fund makes first investment in Uganda’s SafeBoda

TechCrunch

Collectively , they have raised over $100 million in venture capital. Now, it offers rides, parcel delivery, food and shop, payments, savings and other financial services to over 1 million customers in Uganda and its second market, Nigeria. The motorcycle ride-hailing wars in Nigeria and Uganda are SafeBoda’s to lose.

Africa 145
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Kenya’s Twiga raises $50M to scale food solutions across Africa

TechCrunch

Per Crunchbase , Twiga has raised over $100 million in both debt and equity financing rounds. Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman. First-time investors OP Finnfund Global and Endeavor Catalyst Fund participated as well. “We million equity and $6.25 million debt — in 2019.

Africa 144
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Nigerian digital bank Kuda is the latest African startup to lay off employees

TechCrunch

The company’s numbers are small compared to other layoffs that have taken place within Africa’s tech ecosystem over the past few months, especially among startups that have raised vast sums of venture capital within the last year or two; for instance, Swvl laid off 400; Wave , approximately 300; 54gene , 95; and Vezeeta , 50.

Digital 137