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News - East Africa
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d.light, a solar energy startup, has received $7 million in equity funding
d.light, a pioneer in solar energy product innovation, announced the completion of a US$7 million equity funding round led by...
Read morePresident Kenyatta applauds the United Arab Emirates’ plan to set up an Innovation and Entrepreneurship Centre in Kenya
The initiative by the United Arab Emirates (UAE) to create an innovation and entrepreneurship center in Kenya has been welcomed...
Read moreFormerly known as Sokowatch, Kenyan e-commerce startup Wasoko has raised $125 million in Series B funding
Sokowatch, a Kenyan e-commerce business that uses technology to improve the informal retail supply chain, has closed a US$125 million...
Read moreRocket Health, a Ugandan telemedicine startup, has raised $5 million in a Series A round
Rocket Health, a telemedicine and last-mile healthcare company based in Uganda, has raised a US$5 million Series A funding round...
Read moreM-KOPA, a Kenyan pay-as-you-go energy company, has raised $75 million in funding to expand its platform for the unbanked
M-KOPA, a Kenyan company that provides pay-as-you-go energy to off-grid customers, has secured $75 million in a growth equity round...
Read moreJambo, a Congo-based Web3 app developer, has raised $7.5 million in a seed round.
Jambo has announced the completion of a $7.5 million funding round. The "super-app" attempts to lower the barrier to entry...
Read moreMarketForce raises $40 million in Series A funding to expand its super app for Africa’s informal merchants
MarketForce, a Nairobi-based B2B platform for consumer goods retail distribution and digital financial services in Africa, has announced the completion...
Read moreBasiGo, a Kenyan startup, has received $4.3 million in seed funding to help accelerate the development of electric buses for public transportation
BasiGo, a Kenyan electric vehicle technology and financing startup introducing electric bus services to Sub-Saharan Africa, has acquired a seed...
Read moreThe African Development Fund has signed a grant agreement worth $14.2 million for a financial digitalization initiative
Malawi's government and the African Development Fund (ADF) have inked a $14.2 million grant deal to enhance infrastructure and build...
Read moreSistema.bio, a Kenyan biodigester company, secures $15 million in Series B funding
Sistema.bio, a biodigester firm, has raised $15.6 million in a Series B investment round to enable it reach 1...
Read moreThe Kigali International Financial Centre (KIFC) has announced the launch of a $50 million Fintech Africa Fund
The Kigali International Financial Centre (KIFC) has announced the launch of Africa's first and only Fintech Fund, worth $50 million....
Read moreAmitruck, a Kenyan logistics startup, has raised $4 million in seed funding to help it expand across Africa
Amitruck, a Kenya-based digital trucking logistics startup, has received US$4 million in seed funding to help it expand across Africa....
Read moreThe Big 5
