African Startup Badili Secures Major Funding for Expansion in Refurbished Tech Device Market
Tech In Africa | Grace Ashiru - Jan 16, 2024
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- E3 Capital's Low Carbon Economy Fund invests in Badili Africa, a re-commerce startup specializing in refurbishing digital devices.
- The investment aims to address Africa's digital divide sustainably and expand Badili's operations beyond East Africa.
- Badili Africa offers affordable and eco-friendly electronic devices, reducing CO2eq emissions compared to new phones.
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The investment from E3 Capital in Badili Africa is a positive step towards addressing Africa's digital divide sustainably. By offering affordable and eco-friendly electronic devices, Badili Africa can make a significant impact on the lives of customers seeking accessible technology. The partnership between E3 Capital and Badili Africa also highlights the importance of supporting visionary entrepreneurs in emerging markets while promoting global sustainability objectives.
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