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News - East Africa
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Guidewheel, formerly Safi, a Kenyan firm, has raised $8 million in a Series A round to expand into the United States
Guidewheel, a manufacturing technology pioneer founded in Nairobi, Kenya as Safi, has raised $8 million in Series A funding to...
Read moreOlumide Soyombo, a Nigerian angel investor, has launched Voltron Capital, a pan-African venture capital firm
Voltron Capital, an Africa-focused venture capital fund for businesses, has been launched by Olumide Soyombo. Olumide Soyombo is a serial...
Read moreGoogle is launching a program for game developers in Nigeria, Kenya, and Ghana
Google has announced the launch of a new five-month training program for game developers in Africa to successfully build, scale,...
Read moreAIfluence, a Kenyan AI influencer marketing startup, has raised $1 million in funding
AIfluence, a Kenyan influencer marketing platform, has raised $1 million in seed funding. EQ2 Ventures, Antler East Africa, Oui Capital,...
Read moreVisa and the International Bank of Somalia have launched a card payment service
Visa has launched Somalia's first Visa card payment service in collaboration with the International Bank of Somalia (IBS Bank). In...
Read moreMarketForce, a Kenyan B2B retail platform, has raised $2 million in pre-Series A funding to help it scale its B2B e-commerce marketplace
MarketForce, a Nairobi-based B2B end-to-end platform that assists customer brands in delivering essential goods and services, has raised $2 million...
Read moreFollowing a new finance bill, Kenyans will now pay more for internet and phone calls
A new amendment to Kenya's Finance Act of 2018 attempted to raise the tax rate on telephone and internet services...
Read moreKenyan ed-tech start-up Ed Partners Africa has raised $1.9 million in a funding round to support affordable private schools in Africa
Ed Partners Africa, a Nairobi-based affordable private school finance company, has received $1.9 million to extend its footprint and provide...
Read moreApollo, a Kenyan agritech startup, has received a $1 million debt financing to help small-scale farmers
Apollo, a Kenya-based agritech startup, has secured a $1 million debt financing to help small-scale farmers. The Agri-Business Capital Fund (ABC...
Read moreFSD Africa invests US$4.5 million in Nithio FI to help Kenya, Nigeria, and Uganda scale up off-grid energy
FSD Africa Investments (FSDAi), FSD Africa's investment arm, has invested US$4.5 million in Nithio FI, a renewable energy financing intermediary...
Read moreTanzania central bank has stated that it is working on the president’s cryptocurrency action plan
Tanzania central bank has stated that it is working on President Samia Suluhu Hassan's direction to prepare for cryptocurrency, implying...
Read moreAfter a successful pilot, Kune, a Kenyan food-tech startup, has raised $1 million in pre-seed funding to help it scale
Following a successful pilot, Kune, a Kenyan food-tech firm that delivers freshly cooked fast food at low prices, has raised...
Read moreThe Big 5
