Can we take your 🍛rda? 📖✍️

Orda is pronounced order.Hello Venturer, You'd agree with me that January is a neverending month. Or Can we take your 🍛rda? 📖✍️ By [VA Weekly]( • Issue #59 • [View online]( Orda is pronounced order. Hello Venturer, You’d agree with me that January is a neverending month. Or how do you explain the fact that next week is still January? Anyway, I am glad it is another weekend in this long month. I may stop by a restaurant tomorrow to avoid the hassle of cooking. A man needs his beauty sleep, and rest. You gerrit? Whenever I go to a restaurant, my goal is to eat quickly and leave. However, I can’t help but notice how difficult it is for food entrepreneurs to balance accounts. It’s common to see them scribble furiously on a notepad while they ask attendants for daily remittances. This week, I learned these food entrepreneurs could spend up to four hours reconciling transactions daily. That’s a lot of work. But Orda is here. The restaurant management startup digitizes all the behind-the-scenes work for food businesses, relieving the strain on food entrepreneurs. Mahn! Aren’t we glad for advancements in technology? Adekunle Agbetiloye Staff Writer, Ventures Africa. What's New Orda - The startup building a solution to revolutionize food business across Africa. Small food business owners could spend up to four hours a day reconciling transactions while trying to figure out losses. Many African food business owners find it hard to integrate local payments, online sales channels, and logistics. Orda is looking to alleviate that burden by doing the behind-the-scenes work for food businesses across the continent. [Read more](. How does your country's debt affect you? We might be on the brink of the greatest debt crisis in history. But not many seem to understand how national debt impacts their everyday lives. The effects of national debt trickle down from governments to institutions and the people at large. Failure to meet debt service obligations has devastating impacts, including the downgrading of credit ratings, heightened pressure on foreign exchange reserves, and domestic currency depreciation. [Read more.]( Nigeria's long walk to fuel subsidy removal... or maybe not. Nigeria is Africa’s largest oil producer, but it imports refined petrol despite having four refineries that have become dysfunctional. The imported fuel costs the Nigerian government a lot of money. To compensate for the high expenses of international refining, the government pays a subsidy to keep the price of fuel for Nigerians lower than the international price. [Read more](. What is the future of investment in Africa's startup ecosystem? The need to reach a diverse range of consumers with products and services fueled growth in Africa’s startup ecosystem, transforming it into a hotspot for investors in 2021. A report forecasts that venture capital funding for African startups would reach between $2.25 billion and $2.8 billion by December 2021. However, African VCs took on a bullish trend to a height of over $4 billion as against predictions. [Learn more.]( Why the world’s second-largest record label is bullish on African music. With over 3000 tribes across 54 countries, Africa’s cultural diversity gives its music industry a rich blend of melodies to sell to the world. The Afrobeat, Congolese zouk, and South African Kwaito genres, to mention a few, have drawn massive attention to the continent’s entertainment scene over the years. And recently, Warner Music Group, the world’s second-largest record label, bought a majority stake in Africori. [Read more.]( #VANUGGET Remember to stay safe! Did you enjoy this issue? [VA Weekly]( By [VA Weekly]( Ventures Africa is an online business news site and community that produces stories about an evolving Africa. Our stories inspire people to positively shape their environment. We cover business, policy, innovation and culture in Africa. [Tweet](    [Share]( In order to unsubscribe, click [here](. If you were forwarded this newsletter and you like it, you can subscribe [here](. Powered by [Revue](