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👨🏿‍🚀TechCabal Daily - Twiga branches off

Kenyan agritech company Twiga Foods has laid off 21% of its staff including its in-house sales team. The company is also branching off into an agent model, and laid-off staff are being offered compensation for every customer they acquire. More in #TCDaily.

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👨🏿‍🚀TechCabal Daily - FTX loses in South Africa

FTX has lost its financial services trading licence in South Africa. South African cryptocurrency market maker Ovex cancelled has cut off the international exchange’s access to its local Financial Service Provider (FSP) licence. More in #TCDaily.

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Mobility startup BasiGo secures $6 6m funding to accelerate electric bus uptake in Kenya

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Kenyan mobility startup BasiGo secures $6 6m funding to accelerate electric bus uptake in the country

Kenyan mobility startup BasiGo secures $6 6m funding to accelerate electric bus uptake in the country
africabusinesscommunities.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusinesscommunities.com Daily Mail and Mail on Sunday newspapers.

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BasiGo Raises $6 6m Funding To Begin Commercial Delivery Of Electric Buses

Kenyan startup BasiGo has raised US$6.6 million in new seed funding to begin commercial delivery of locally-manufactured electric buses and charging infrastructure. As reported in November of last year BasiGo had launched operations in Nairobi having secured KES100 million (US$900,000) in funding earlier in the year. The startup provides state-of-the-art electric buses along with charging and maintenance services

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