Hey guys, the Big 5 Daily has some exciting gists for you.
Do you remember when Fawry listed on the Egypt Stock Exchange? Good news! The fintech startup has become Africa’s third unicorn to reach a billion-dollar valuation.
Also, Greenlight Planet has secured $90 million to expand its pay-as-you-go solar consumer financing startup. CDC Group, FMO, Norfund, SIMA Funds, and other impact investors participated in this debt and equity investment round.
See Also: The Big 5 Daily: 23rd September 2020
Moving East to Zimbabwe, the average user of a laptop or smartphone can now buy shares unaided. This is possible because the Zimbabwe Stock Exchange has launched its “Direct Trading Platform.”
Also, on the Big 5, the Tanzanian government and other stakeholders of the tech ecosystem have launched the Tanzanian Startup Association to support local startups.
And, lastly, the United Nations World Tourism Organization (UNWTO) and Google have partnered to launch an accelerator program for the African tourism sector. This will help the sector bounce back post-COVID-19.
That’s all for the Big 5 Daily. See you again tomorrow.