Google, Speedinvest back Kenya’s Leta, which uses AI to make logistics cheaper
African businesses pay up to four times the global average for logistics, with logistics costs comprising 75% of product costs. Leta, a Nairobi-based logistics SaaS provider, has raised $5 million in seed funding to scale its AI-powered platform.
Visa makes strategic investment in Nigerian fintech Moniepoint
$110 million Series C funding round announced by Moniepoint. Visa's strategic investment in Moniepoint reportedly exceeds $10 million.
