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This year, we fundraised for Grassroot Soccer —an organization that leverages the power of soccer to educate, inspire, and mobilize at-risk youth in developing countries—and exceeded our $60,000 goal and raised a total of $72,000. They are an awesome organization that was founded by two professional “futball” players from Zimbabwe.
Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. Startups in Africa raised nearly $5 billion in funding last year but the amount remains meager when compared to the rest of the world. Reports say African startups raised record-smashing $4.3B
In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Our next year is going to be fairly big for us.
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