This strategic partnership aims to expand access to efficient cold storage infrastructure across the continent, tackling food waste and empowering rural communities.
Only 5% of African fresh produce enters the cold chain compared to Europe’s 94%. This stark disparity results in devastating losses – 30-50% of food spoils before reaching consumers.
InspiraFarms Cooling has stepped in with its innovative precooling and cold chain technology, tailored for African markets. From cold rooms and pre-coolers to packhouses and long-term storage facilities, their solutions offer:
InspiraFarms Cooling’s journey embodies the potential of technology to drive positive change.
With CEI Africa’s backing, they are poised to revolutionize Africa’s cold chain landscape, ensuring a future where food loss is minimized, rural communities thrive, and sustainability reigns supreme.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Rentoza, a South African online subscription platform that allows users to rent electronics, furniture, and other home goods, has secured $6 million in funding.
Egyptian online auto parts marketplace Mtor has secured $2.8 million in pre-seed funding, led by venture capital firm Algebra Ventures, with participation from notable investors, including Dutch Founders Fund (DFF), Aditum Ventures, LoftyInc Capital Management, and several prominent local and global angel investors.
BluePeak Private Capital, a private capital firm focused on supporting the growth of scalable businesses in Africa, has reached a final close of its Private Capital Fund SCSp at $156 million.
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