- mPedigree, a company that uses technology to detect fake goods, has been named as one of the innovative African companies for the year 2020
- mPedigree, which operates in a dozen countries, inserts unique codes into product labels to help check the authenticity of drugs purchased
- Other companies listed were Twiga Foods, Copia Global, Piggyvest, MPost, Tizeti, Tongoro, Lumkani, Kobo360 and 54Gene
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Information available to YEN.com.gh shows that mPedigree, a company focused on using innovative tools to detect counterfeit goods, has been named as one of Africa’s 10 companies to watch in the year 2020.
mPedigree achieves its objective by embedding a unique code into a product label so that buyers can verify the authenticity of an item from the manufacturer.
The company works in a dozen countries with some of the world’s largest pharmaceuticals to help detect fake drugs.
Per a report by fastcompany.com, it also helps to trace seeds and other agricultural products in Africa.
Other companies recognized for the innovation are Twiga Foods, which helps urban shopkeepers obtain farm produce from small-scale Kenyan farmers, Copia Global, which brings rural Kenyans closer to the products and services via an e-commerce platform and Piggyvest, which is a savings platform that helps users to deduct fixed amounts from their accounts at specified times.
Others are MPost, which allows users to convert their phone numbers to virtual mailboxes at the closest post office, Tizeti, which provides public Wi-Fi hotspots in urban areas and Tongoro, which helps to promote the works of local fashion designers.
The rest are Lumkani, which brings fire protection and insurance services to South African townships, Kobo 360, which connects African truck drivers with companies who need their services and 54Gene, which is on a mission to build an African-wide genetic biobank.
In other news, Kenya is set to outdoor a $55,000 Volkswagen Tiguan Allspace that would be assembled in the country.
It has been estimated that the car could help contribute about $500 million in taxes in the next five years.
The car has been introduced at a time when the country has embarked on a project to locally assemble cars such as the Volkswagen Polo Vivo.
The Polo was the first locally assembled German car in Kenya in 2016. In a bid to make their cars cheaper in the long run, dealers who locally assemble vehicles would not pay the 25% import duty levied on fully-built imported vehicles.
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