Kenyan re-commerce startup Badili has recently secured a significant US$400,000 debt facility from French development organization Proparco to support its refurbished electronics initiative. Founded in 2021, Badili operates in Kenya, Tanzania, and Uganda, with a focus on aggregating, repairing, and reselling used or damaged mobile phones. The company collaborates with major e-commerce platforms, local trade partners, and mobile network operators to reintroduce these devices into the market. By employing local refurbishment processes, Badili offers consumers access to high-quality smartphone brands at a fraction of the cost of new models, ensuring that the quality is maintained.
The funding from Proparco’s Bridge by Digital Africa facility is aimed at enhancing smartphone accessibility, improving connectivity, and promoting sustainability in Kenya. This initiative not only provides affordable devices to consumers but also contributes to the reduction of electronic waste. Rishabh Lawania, the founder and CEO of Badili, expressed excitement about the partnership with Proparco, emphasizing the company’s commitment to building a sustainable business that enables Africans to own smartphones at a more affordable price point. He also outlined Badili’s plans for profitability and expansion across Africa, welcoming Proparco as a key partner in the company’s growth journey.
This funding highlights the increasing investor interest in Africa’s re-commerce sector, showcasing a broader dedication to sustainable technology solutions and economic development across the continent. The collaboration between Badili and Proparco signifies a step towards promoting a circular economy and driving positive social impact through refurbished electronics. As the re-commerce industry continues to gain traction in Africa, initiatives like Badili’s are crucial in providing accessible and environmentally-friendly technology solutions for consumers in the region.
With this new funding in place, Badili is well-positioned to further expand its operations and make a lasting impact on the tech industry in Africa. The partnership with Proparco underscores the potential for innovative startups to drive sustainable development and economic growth on the continent. As Badili continues to pave the way for refurbished electronics in East Africa, the company is poised to lead the charge in promoting a more sustainable and affordable tech ecosystem for consumers across the region.
