Kenya

BII pledges $220m. to improve high-quality internet in Kenya

The United Kingdom has availed financing worth $220 million to improve access to high-quality internet in Kenya. This, says British International Investment (BII) chief…

IFC participates in $13.5M Antler East Africa Fund

Early-stage investor Antler closed its oversubscribed East Africa investment fund at USD 13.5 Mn to continue to support early-stage tech start-ups in the region. The bumper…

Kenyan healthtech startup, Afya Rekod, raises $2M in seed funding

Kenyan based healthtech startup, Afya Rekod, has raised $2 million (R30 608 600,00) in seed funding. The round was led by Mac Venture Capital, a…

Lipa Later gains $12m funding to expand credit footprint in Africa

Odyssey Capital’s flexible payment fintech start-up Lipa Later closed a $12 million pre-Series A funding round that will help it expand its service into…

KTN Global Alliance Africa announces initiative to solve the continent’s waste problem

KTN Global Alliance Africa is a six-year project funded by UK Aid through the Innovate UK Global Challenges Research Fund (GCRF) and the Foreign,…

Nigerian fintech launched to help gig economy workers

A recently launched fintech based in Nigeria and Kenya aims to provide financial services specifically to temporary and freelance workers (gig workers). The startup, ImaliPay,…

Logistics vertical hotting up, as Kenya’s Sendy closes $20m Series-B round

Nairobi-based on-demand delivery platform Sendy has raised $20-million in a Series-B investment round led by Atlantica Ventures. Sendy connects businesses and individuals to third party…

UK government’s Go Global Africa programme opens call for applications

Go Global Africa, a scheme run by the UK’s Department for Digital, Culture, Media and Sport through its International Tech Hub Network is calling…

Team from Kenyan startup Copia among Endeavor’s latest entrepreneurs to join fold

Three entrepreneurs behind Kenyan consumer goods catalogue and delivery service Copia have been selected to join Endeavor, a non-profit organisation that supports high-impact entrepreneurs…

Kenya-based diagnostics startup Ilara Health raises $735k

Nairobi-based healthtech startup Ilara Health has raised $735 000 in seed funding from a group of angel investors and venture capital (VC) firms. The angel investors…

Kenyan taskforce calls for state to regulate AI and blockchain

A Kenyan task team has called for the country’s government to invest in blockchain and artificial intelligence (AI) infrastructure and skills — and to regulate…

HAVAÍC invests undisclosed sum in Kenyan virtual postbox startup MPost

Cape Town based venture capital (VC) firm HAVAÍC yesterday announced that it had invested an undisclosed sum in a pre-Series A round in Kenyan virtual…

Mastercard expands its Engage programme to include Kenyan, Nigerian fintechs

Global payments tech firm Mastercard has expanded its Mastercard Engage programme to target Kenyan and Nigerian fintechs. The platform, which was launched in 2017,…

SA still Africa’s top startup ecosystem but has fallen 13 places, shows new ranking

South Africa may still have the highest ranked startup ecosystem for an African country, but it is no longer in the top 50 club,…

Westerwelle Young Founders Conference Kigali 2019 to get startups investment ready

The Westerwelle Foundation is calling on startups from Kenya, Rwanda, Tanzania and Uganda who are interested in learning about investment readiness to apply to attend the Westerwelle Young Founders Conference Kigali 2019.

African tech startups raised over $1.2bn in funding in 2018 – Partech report

A report by French venture capital (VC) firm Partech Africa has found that 146 African tech startups raised $1.163-billion in equity funding last year…

Two African startups selected for GMC Calibrator edtech accelerator

Sierra Leone mobile learning platform for financial inclusion Mosabi and Kenyan parenting website Mums Village have been selected for Gray Matters Capital‘s GMC Calibrator…

Everything you need to know about East African startup landscape [2019 Update]

Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or…

MMH Accelerator to offer up to €50k in funding to African healthtech startups

Selected Ghanaian, Kenyan and Nigerian late stage healthtech firms — including those solving for animal health — stand to benefit from up to €50 000 in funding from this year’s Making More Health (MMH) Accelerator programme.

Africa Development Bank approves $7.5m investment in Kenyan VC fund

African Development Bank has announced that its board of directors has approved a $7.5-million in Nairobi-based venture capital firm Africa Tech Ventures.

Twiga Foods pilot to put more farm land to use to meet demand [Sponsored]

Kenyan mobile-based B2B distribution platform Twiga Foods wants to put about 8000 acres of unused agricultural land in Kenya to use to meet growing demand for its platform…

Kenyan insurtech Bluewave takes top honours at 2018 Seedstars Nairobi

Nairobi-based insurtech startup Bluewave Insurance Agency has come out tops at Seedstars Nairobi pitch event. At an event held on Friday (21 September), the startup out-pitched six other…

Kenyan logistics startup Bwala Africa Group secures over $200k in funding

Nairobi-based last-mile logistics startup Bwala Africa Group has secured a loan of 24-million Kenyan Shillings ($238 000) from Kenyan bank CFC Stanbic. The startup, which launched…

WATCH: It’s not an electricity crisis, says energy minister Gwede Mantashe

Four things banks should let go of in 2022

Snapchat for Web launches with some issues

‘Crypto bros, move over. The future is female’

Jason’s investment in SA heritage brands pays off

How businesses can empower SMEs in South Africa

Vivo launches V25e, a vlogger’s dream

Vivo launches the V25 5G with colour changing back

Huawei Nova 10 lands in SA: Is it just pretty or can it deliver?

Review: Land Rover Defender 90 D300X

Review: Mazda CX-5 DE Akera

EQC 400 4Matic is SA’s first battery-powered Mercedes