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BUSINESS NEWS REPORT – JUNE 2020

Every month Africa HR Solutions curates the latest high impact news across Africa. Check out the top business news for June 2020.

solar energy

Sun Exchange

South Africa-based renewable energy startup Sun Exchange has raised $3 million to close its Series A funding round, totaling $4 million.


medical testing

ChromaCode has attracted new funding

Boasting a technology that can dramatically increase the capacity of existing polymerase chain reaction (PCR) testing used to identify people infected with COVID-19 and other illnesses, ChromaCode has attracted new funding from Bill Gates-backed Adjuvant Capital.


uber

Uber launches Uber Cash digital wallet

Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based — Nigerian-founded — fintech firm Flutterwave. The arrangement will allow riders to top up Uber wallets using the dozens of remittance partners active on Flutterwave’s Pan-African network.

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