Kenyan Startup Badili Secures US$400,000 for Refurbished Electronics
- Badili secured a US$400,000 debt facility from Proparco to support its refurbished electronics initiative.
- The startup operates in Kenya, Tanzania, and Uganda, focusing on the resale of used or damaged mobile phones.
- Badili partners with major e-commerce platforms and local trade associates to reintroduce refurbished devices into the market.
The partnership between Badili and Proparco represents a significant step towards sustainable technology solutions in Africa. As the re-commerce sector grows, it is essential to monitor how such initiatives can impact economic development and consumer behavior in the region. Further discussions could explore the scalability of Badili's model and its potential replication in other markets.
