Kenyan climate tech startup Amini raises $4 million seed funding raises to accelerate growth into new sectors
Amini’s successful raise follows a $2 million pre-seed funding round that closed in March 2023. The pre-seed round was led by Pale Blue Dot, backed by Superorganism who also participated in this seed round alongside new investors such as Satgana.
Mombasa’s young innovators addressing marine plastic pollution caught the attention of King Charles III and Queen Camilla during their royal visit to Kenya.
AI is set to become the most prolific and impactful technology trend in the world.
German power tools manufacturer, STIHL East Africa, has reported a significant increase in revenue in its first year of operation since upgrading its marketing office to a fully-fledged sales subsidiary.
According to the company, the journey to empower Kenyan consumers with convenient and accessible financing options has been met with enthusiasm from customers and the private capital markets.
Turaco, the Kenyan insurtech startup, has acquired MicroEnsure Ghana from MIC Global.
Five Kenyan cleantech startups have been selected for the 3rd cohort of JICA.
STIHL East Africa has announced plans to introduce battery powered products in the East African Market as the firm celebrates its one year anniversary in the region.
Investment in the medical devices segment of Africa’s startup space has the potential to hit $259 billion by 2030. Currently, the sector has attracted $500 million in investments.
Zuri Health has secured additional investment from Marula Square.
These significant developments, approved at Safaricom’s 15th Annual General Meeting (AGM), represent a momentous step towards supporting tech entrepreneurs, fostering innovation, and fortifying Safaricom's role as a key enabler of the Kenyan tech community.
An estimated 60 per cent of rural and urban Kenyan households access their daily meals from micro/small enterprises (MSEs) at local markets.
Kenyan healthtech startup Zuri Health has raised an undisclosed amount of funding.
Kenyan agritech startup Kyosk, is expanding into the African fresh produce market.
MYDAWA has received $20m capital injection from private equity investor.
Kenyan fashion e-Commerce startup ShopZetu raises pre-seed funding to fuel growth of its marketplace
Kenyan fashion e-Commerce startup ShopZetu has raised $1m pre-seed funding.
Kenyan startup MESH, announced it has reached 150,000 members.
Stima Mobility has secured €100,000 investment from DEG Impulse.
Kenyan businesses are migrating to the cloud en masse.
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo.
LemFi announced it has formally launched its diaspora remittance services in Kenya.
The awards, which showcased the most effective solutions to tackle Mombasa’s marine plastics problem, were the culmination of a six-month initiative funded by USAID and Global Affairs Canada.
Digital transformation: we’ve all heard the phrase a thousand times.
Youverify has officially entered the Kenyan market.
Incredible improvements in tech are rapidly reshaping our world.
Power tools manufacturer STIHL East Africa has announced it will invest Sh100 million in local accessories manufacturing every year as it seeks to localise its product development in the region.
Wasoko has revealed plans to invest over $1 million in Zambia. The B2B retail and e-Commerce made this announcement while announcing its official entry into the Southern African country.
Nigerian fintech startup Grey has picked Kenya as its East African Hub as it expands operations in the largest economy in the East African Community.
Trained data collectors consult with fishers to update the easy-to-use app with data such as fish catch quantity, type of fishing nets and boats used, and how much money the fishers expect to earn.
The Commonwealth Enterprise and Investment Council, CWEIC, has selected agro input company Elgon Kenya as its strategic partner and appointed its Managing Director Dr. Bimal Kantaria to its global advisory council.
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners
Delta40 focuses on technology-driven energy, agriculture, and mobility ventures led by diverse, experienced founders.
Kenyan and Ugandan insurtech startup Turaco, has partnered with Airtel Mobile and Prudential Assurance to launch a low-cost hospital cash insurance product with Funeral Benefit.
Technological progression plays a crucial role in fostering economic growth. A lack of access to technology can hinder local economies, particularly in developing countries such as Kenya and other African nations.
[Column] Didi Onwu: Understanding youth entrepreneurship in Kenya - why fintech is an attractive sector
Boasting one of the fastest-growing economies in Africa, Kenya is on the rise to become a powerhouse of innovation on the continent. This is largely in part due to the country’s thriving culture of entrepreneurship and its significant startup ecosystem.
Agro input company Elgon Kenya has partnered with the Ministry of Agriculture and the Ministry of Education to reward pupils and their teachers for participating in food production in a wider scheme that seeks to motivate school going children into farming.
Mikhail Marchenko is the Co-founder of JuicyScore, which recently launched its operations in Kenya. JuicyScore offers anti-fraud and risk management solutions to digital lenders, insurance companies, e-commerce and classifieds.
Co-Creation Hub (CcHUB), touted as Africa’s largest innovation and incubation hub, announced it is launching a $15 million accelerator program for targeting edtech startups.
Insurtech startup Lami joins forces with Unchorlight to provide insurance covers for Boda Boda riders in Kenya
Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers.
Power Financial Wellness, a Kenyan fintech startup that seeks to advance the financial well-being of its customers has secured a $3 million seed funding.
Aged 18-25, the finalists are grouped into 15 teams and are now in a race to be one of the top three teams to win over KES 7 million of cash prizes. The first-place team will take home KES 3.5 million.
Kenyan mobility solutions provider eWaka has secured a $540K loan from the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation.
The Kenyan government has dropped charges of financial impropriety against Flutterwave, according to a new report by Bloomberg.
Kenyan rural Internet Service Provider Mawingu raises $9m to scale its operations across the country
Rural Internet Service Provider (ISP), Mawingu has raised $9 million in Series B funding to scale its operations across Kenya.
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.
Kenyan healthtech startup Zuri Health announced it has raised an undisclosed amount of funding from Moroccan VC UM6P Ventures. The funds will be used to support Zuri’s growth and expansion across Africa.
Serviced office space provider, Workstyle Africa, has partnered with SNDBX International, a business growth ecosystem, to open five one-stop-shop entrepreneurship centres and workspaces in East Africa.
BasiGo, the Kenyan-based electric manufacturer has partnered with the Associated Vehicle Assemblers (AVA), to assemble its buses in the country.
Kenyan fintech startup Kwara has raised a $3 million seed extension. The new investment was led by existing backers DOB Equity, Globivest and the founder of Kobalt Music.
Former Principal Executive Director at Britam PLC Stephen Wandera has launched a mentorship programme aimed at equipping teenagers with the necessary skills to be prepared for the future.
Kenya will host the 6th edition of Africa Agri Expo in February 2023 , endorsed by Ministry of Agriculture and Livestock Development aimed at bringing the entire agricultural value chain under one roof.
The Trade Facilitation Platform facilitates trade in Kenya by reducing delays and lowering costs associated with clearance of goods at the Kenyan borders, while maintaining the requisite controls and collection of levies, fee and duties, where applicable, on imports and exports.
Nigeria’s tech startup SeamlessHR has launched its offices in the Kenyan market, choosing Nairobi as its East African Hub.
Verified.Africa, the pioneer of ID verification, document verification and digital KYC compliance solutions, announced it has launched in Kenya.
TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, announced it has opened a new Kenyan trading corridor, which includes both a shared bonded warehouse in Mombasa and an office in Nairobi.
Fintech startup Hisa has launched an application that allows Kenyans to invest in the stock market directly from their phones using mobile money.
Leta, the supply chain and logistics startup driving distribution optimization, announced the close of $3 million Pre-Seed equity round.
Demand for poultry products is on the rise in Kenya driven by an emerging middle-class created in existing and new urban settlements as a result of devolution.
Kenyan agritech startup Stable Foods raises $600k funding to grow its climate smart smallholder platform
Stable Foods, a Kenyan agritech startup offering a host of solutions to small-scale farmers, has raised $600k funding round, to build out its climate smart smallholder food production platform.
BasiGo, the first company to introduce electric buses into Kenya, has announced $6.6 million in new funding led by Mobility54.
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?
Kenyan fulfillment and logistics startup Sendy, announced it has received funding from MOL PLUS the Corporate Venture Capital of Japanese transport firm Mitsui O.S.K. Lines (MOL).
Venture capital firm 500 Global, has partnered with Germany’s economic development agency Deutsche Gesellschaft für Internationale Zusammenarbeit GIZ and its Make-IT in Africa initiative, which fosters the growth of Africa’s innovation ecosystems.
A report by payment services company Mastercard has revealed that South Africa, Nigeria and Kenya are among the most vibrant fintech markets in the continent.
YEGO Global, a ride-sharing platform from Rwanda has entered the Kenyan market to take on Uber and Bolt through its subsidiary - YEGO Mobility Kenya.
Kenyan fintech startup Tanda announced plans for agency banking entry in Uganda, Rwanda, Tanzania to accelerate growth within the East African markets.
Kenyan home furniture startup MoKo announced it raised $6.5 million in a Series B funding round, which is a combination of debt and equity.
Gerassimos Fourlanos, Founder, Ofelos Limited says, the cookies are targeted to consumers with diabetes or pre-diabetes, along with other medical conditions where blood sugar levels need to be monitored.
Kyosk Digital Services aims to address some of the challenges that vendors of fast-moving consumer goods (FMCGs) go through in sourcing products and restocking their outlets.
The comprehensive car insurance payments are made over 12 months which allows clients to spread the cost over the course of a year.
Former Safaricom CEO Michael Joseph has been appointed as Board Chair of a Kenyan agricultural insurtech startup Pula.
Turaco, the insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest, via the Cathay Africinvest Innovation Fund.
Tesh Mbaabu is a serial entrepreneur who lives to blend commerce and technology. He is the Co-founder and CEO of Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa today, MarketForce.
Waya, a Kenyan and US-based fintech startup has announced the official launch of its full-service digital bank and money transfer app targeting the African Diaspora.
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.
Wasoko (formerly Sokowatch), an African B2B e-Commerce startup that leverages technology to transform the informal retail supply chain, announced the official launch of the “Wasoko Innovation Hub” in partnership with the Zanzibar government.
Kenya has secured an enviable position among the most competitive innovation and investment destinations in Africa. The country’s attractiveness has seen Big-Tech companies troop in to set shop in the capital, Nairobi.
Kyanda is a Kenyan fintech startup that offers Digital Financial Services to businesses, SMEs and citizens.
UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.
Kenyan e-logistics startup Lori Systems which operates across East Africa, announced it has raised an undisclosed amount of Round B funding from Google, to facilitate the company’s expansion efforts.
iProcure, Africa’s tech and data-driven agricultural inputs supply company, announced the close of a $10.2 million Series B funding round that raised debt and equity from a diverse group of international investors.
The subsidiary dubbed Stihl East Africa will be its Eastern Africa hub servicing countries that include Kenya, Uganda, Tanzania, DRC, Rwanda, and Burundi among others.
Copia Global, a Kenyan-based mobile commerce platform has unveiled a new manufacturing unit to enhance its output of affordable sugar and rice to the Kenyan market.
Kenya-based insurtech startup Lami Technologies has raised a $ 3.7 million seed extension to expand its insurtech product across Africa.
The startup, which offers digital human resource solutions to African companies, said they would use the investment to expand their business in East Africa, eyeing entry into Uganda, Tanzania and DRC.
Kenyan wealth-tech startup Ndovu partners with Tulix to empower Africa’s diaspora to invest back home
Africa’s wealth management platform Ndovu has announced a strategic partnership withTulix, an Antler & Catalyst Fund portfolio company.
The multi-company log-in module allows an individual consultant or company to manage centralized data, which facilitates payroll processing, pay slip, and report generating for different clients, under one account.
Kenyan healthtech startup AfyaRekod launches Universal Patient Portal for worldwide health data mobility management
Kenyan-based AfyaRekod launched the fully automated Universal Patient Portal – a block-chain driven technology that will transform the face of patient care across Africa and the World.
Mono, a Nigerian fintech startup that builds open banking infrastructure to enable access to customer financial data and bank payments for digital businesses in Africa, announced it has expanded its services to Kenya.
Nigerian at-home lab testing startup HealthTracka has raised $1.5 million in funding to expand its operations into Kenya and Ghana. The pre-seed funding which was led by Ingressive Capital.
A Supervised Payment is a Digital Escrow Payment sent by a guardian to a dependent with the former setting the parameters of funds usage and the app supervising the actual use of the funds by the dependent.
In the first three months of 2022, Kenyan Startups raised Sh48 billion venture funding more than the country did in all of 2021 where start-ups raised Sh41 billion.
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment, through both debt and equity from African-focused fintech platform, Finclusion Group.
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
Kenyan fintech startup Power Financial Wellness partners with Penda Health to extend healthcare services to users
Kenyan fintech Power Financial Wellness has signed a partnership agreement with private healthcare solutions provider, Penda Health, to see both companies mutually benefit from their tech services.
Kenyan digital pharmacy network Maisha Meds announced it has reached1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa.
The gathering of experts drawn across the divide came amidst rising concerns over escalating costs in both production and consumer goods, an environment that doesn’t favour food security.
Hisa App, a Kenyan mobile investment platform that allows anyone in Kenya to invest in U.S. stocks and ETFs using mobile money, announced it was selected to join the NVIDIA Inception programme.
Kenyan fintech startup Bamba secured $3.2 million in seed funding to scale its app and build out its team. Venture capital firm 468 Capital led the round with participation from Presight Ventures.
Kenya’s cost of living has hit unprecedented highs with prices of basic commodities being out of reach for many citizens.
Phone manufacturer realme has captured the Kenyan market by making smartphones affordable hence closing a widening internet coverage gap, despite huge investments in high-speed internet across Africa.
Kenyan healthtech startup Zuri Health has launched a WhatsApp chatbot for its users across the country.
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya.
The herbs and spices farming has captured international markets while creating a new age farming renaissance in an area that has traditionally been synonymous with farming of traditional low yielding crops.
Kenya’s leading electric vehicle (EV) maker Opibus has changed its name to ROAM. The company was among the earliest entrants into the local electric vehicle manufacturing sector.
Copia Global, a Kenyan-based mobile commerce platform has announced the appointment of former Amazon executive Jason Murray to its Board.
Elloe, a US-based social e-Commerce startup focused on Kenya and emerging markets, announced the raise of an undisclosed amount in pre-Seed funding. Investors for the round were led by Philippines’ Mad Ventures, Inc.
Tom Gong, Co-Founder AliExpress and former Technical Program Manager for Google Wallet, will be joining Lipa Later as the new Chief technology Officer effective March 2022.
Tushop, a Kenyan social-commerce platform that enables group-buying of fast-moving consumer goods (FMCGs), announced it has raised $3 million in pre-seed funding, led by 4DX Ventures.
On-demand transport platform Bolt launches 2nd edition of its Women in Tech internship program in Kenya
On-demand transport platform Bolt announced it has rolled out the second edition of its Women in Tech internship program in Kenya.
Konza Technopolis Development Authority (KoTDA) and the Association of Startups and SME Enablers in Kenya (ASSEK) have signed an MoU to enhance innovation and support startups in Kenya.
Lipa Later, a payment option that allows customers to purchase commodities through affordable monthly instalments has on-boarded Hotpoint as a new retail partner. Hotpoint appliances is Kenya’s premier supplier of Home Appliances and Electronics.
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.
Kenyan based B2B e-Commerce startup Sokowatch has raised a $125 million Series B equity round, the largest venture financing round ever raised for a non-fintech startup in Africa.
Nairobi headquartered e-mobility startup BasiGo flagged off the first electric buses in the country for passenger use.
The Standard Chartered Bank has opened applications for the 5th cohort of its Women in Tech incubator program.
On-demand delivery platform Glovo has launched a pitch competition targeting early-stage tech startups in Kenya that are delivering value to SMEs.
GE Healthcare partners with Kenyan healthtech startup Afya Rekod to simplify access to medical records in Africa
GE Healthcare and Kenya-based startup Afya Rekod have announced a collaboration that seeks to transform care delivery through improved access to personal health data in Kenya, Nigeria, and South Africa.
Kenyan foodtech startup Kune has officially launched commercial operations with four meal hubs located in strategic locations in Nairobi.
Kenyan retail tech startup MarketForce raises $40m Series A to scale up super app for Africa’s informal merchants
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the closing of a $40 million Series A round.
Wealthtech startup Ndovu officially launched in Kenya. Founded by Radhika Bhachu, Ro Nyangeri, and Gianpaolo De Biase, Ndovu is an investment platform that provides easy access to financial markets.
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.
Afya Rekod has seen interest from various health parties in Africa, Europe, Asia and the United States increase significantly since its launch in April 2020.
Kenyan logistics startup Amitruck raises $4m seed funding to accelerate digital solutions across Africa
Kenya-based digital trucking logistics startup Amitruck has announced it has secured $4 milllion in a seed funding round that had the participation of investors from Africa, Asia, Europe, the Middle East, and the U.S.
Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the 2nd Demo Day of the NINJA Accelerator in Kenya.
Africa Tech Summit has opened applications to the 2022 edition of Pitch Live at the fourth Africa Startup Summit.
Kenyan artists have not been left behind and are embracing digital platforms with impressive results.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
Kenyan-based mobile commerce platform Copia Global raised $50 million in a Series C equity round led by Goodwell Investments.
Kenyan fintech startup Zanifu announced it has successfully closed a $ 1 million seed financing round to scale its business and improve on its platform.
Poa Internet and Africa50 announced the completion of Africa50’s equity investment into Poa. This funding is part of the $28 million financing round led by Africa50.
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.
Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.
Kenya's ride-hailing platform MARAMOJA Transport has opened its API to local fintechs and Insurtechs. Through a new partnership with Switchlink Africa, service providers will be able to connect with MARAMOJA's drivers and customers.
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.
Paylend, a Kenyan fintech startup focused on providing access to finance and digitizing MSMEs in Kenya announced it has raised $2 million seed investment from Next Chymia Consulting HK Limited.
Kenyan fintech startup Tanda inks deal with Twiga Foods to enable vendors vend its digital financial services
Kenya’s fintech startup Tanda announced a new partnership with Twiga Foods that will see Twiga vendors become a one-stop-shop for a variety of digital and financial services offered by Tanda.
The agriculture sector in Kenya has received a major boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.
Kenyan tech startup Wowzi has raised $2 million in seed funding to expand its digital marketplace across Africa.
Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the continent.
A climate-smart crop insurance scheme introduced in Kenya has come to their rescue by combining satellite data and smartphone imagery to provide farmers with much needed protection.
Adanian Labs has launched the Adanian Labs Venture Building Program call for startups for 2022. The program invites applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, Tanzania, Zambia, Nigeria and South Africa.
Kenyan health tech startup Zuri Health has launched its operations in Senegal. The startup has partnered with Expresso Senegal to launch its operations in the country.
The 5 healthcare startups were feted for their completion of the Home Grown Solutions (HGS) Accelerator for Pandemic Resilience.
Kenyan-based Penda Health partners with femtech e-Commerce startup Kasha to ease contraceptive access for consumers
Healthcare solution provider Penda Health announced a partnership with Rwandan femtech e-Commerce startup Kasha, to enable increase access to contraceptive products via the Kasha digital platform.
This grant is aimed at increasing access to PrEP (Pre-Exposure Prophylaxis) services through MYDAWA’s award winning e-pharmacy model, supporting the fight against HIV& AIDS in Kenya.
The startup raised $1 million in pre-seed funding from a wide range of investors, including two-time unicorn founder, Fredrik Jung Abbou (co-founder of Kry and Lendo), Norrsken Impact Accelerator and other prominent founders from across Europe.
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.
Kenyan tech startup Wowzi has announced plans to create one million gig jobs for African youth in 2022 through its online marketplace, after successfully delivering over 150,000 paid jobs in 2021.
Kenyan fintech startup Kwara opened regional offices in the Western, Central, Rift Valley and Coastal regions of Kenya as part of its expansion in the country.
Aware of this fact, the Insect Feed for Poultry, Fish and Pig Production (INSFEED) project has been exploring the use of insects, such as black soldier flies (BSF) and crickets, within animal feeds.
Shamiri Institute, a Kenyan mental health startup has raised $1 million in funding from the Templeton World Charity Foundation to tackle the scourge of mental health in Kenya and the rest of the African continent.
Kenyan fintech startup Kwara and Lami Technologies partner to provide insurance products for SACCO members
The partnership will allow SACCO members to conveniently access innovative insurance products ranging from health, general, life, business, and property coverage through the Kwara platform.
Opibus says it will use this new funding to scale its operations in electric motorcycle and bus manufacturing.
Kenyan fintech startup Kwara partners with Lami Technologies to give SACCO members access to insurance products
Kenyan digital banking fintech startup Kwara has partnered with insurance technology company, Lami Technologies, to provide SACCO members with affordable and transformational insurance products.
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and employee record services to organizations in the country.
The NINJA Accelerator in Kenya, powered by Japan International Cooperation Agency (JICA) in partnership with Double Feather Partners, Deloitte Tohmatsu and Kenyan implementation partner GrowthAfrica, is kicking off its 2nd cohort with five tech-enabled Kenyan startups.
During its very first “Google for Africa” event held early this month, Google announced it will be investing up to $50 million in African early- and growth-stage startups via its Africa Investment Fund.
A training initiative is empowering creatives in the fashion industry and small local businesses across the 47 counties in Kenya.
The tech scene in Kenya is thriving. Even amid a global pandemic, economic uncertainty, and election fever, our dynamic African country has found a way to cut through the clutter and establish itself as the world’s ‘Silicon Savannah’.
Absa Bank Kenya has partnered with Pan African impact investment platform Melanin Kapital, to launch an investor readiness program that places startups driving social impact on the path to accessing up to KES3 million in unsecured lending.
Pangea Trust has opened applications for its Startup Connect Programme, to increase the deployment of diaspora remittances and networks to provide investment capital to MSMEs and startups in Kenya, Ethiopia and Somalia.
A group of trailblazing Kenyan women are carving their own paths to success. From doctors to content creators, they are using the power of online platforms to amplify their voices and help others flourish.
The Harambeans Prosperity Fund, a donor advised investment vehicle formed through the Harambe Entrepreneur Alliance’s network of prominent families and corporations co-invested $100,000 in Y Combinator Harambean venture MarketForce.
Kenyan fintech startup Kwara is among the 11 startups that have been selected to join the Mastercard Start Path program.
FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced a $2 million pre-Series A round, bringing total funding to-date to $2.5 million.
Speaking during the Alliance for a Green Revoluton in Africa (AGRA) organized Africa Green Revolution Forum (AGRF) Summit, speakers reiterated that food security cannot be achieved without a gvernment facilitated enabling environemnt for agribusiness to thrive.
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.
MarketForce acquires Digiduka startup to consolidate distribution of consumer goods with digital financial services in Africa
MarketForce, the end-to-end retail distribution platform for consumer brands in Africa, announced the strategic acquisition of Digiduka, a startup on a mission to bring informal retailers in Africa into the digital economy.
Kenya's Industrialization Ministry launches Startup Savanna, a business acceleration programme for early-stage startups
The Kenyan Ministry of Industrialization, Trade and Enterprise Development (MoITED), launched Startup Savanna, an international business acceleration programme that will link Kenyan startups to global angel investors.
The Federal Development Ministry (BMZ), has expanded its developPPP Ventures programme in Kenya to support local startups.
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Norwegian-based accelerator Pangea has unveiled a scale-up program offering private funding of up to $3 million and business support to enable locally funded Kenyan startups accelerate their enterprises to the next level.
Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.
Rice sector players in sub-Saharan Africa and Asia are set to lead discussions on accelerating progress in rice research & development, inclusive markets & value chains.
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya.
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.
The MoU will leverage on programs run by the two organizations. These include the E4Impact Accelerator Program, the Afro-Asia Fintech Festival and the Annual Hackathon hosted by CBK and the Monetary Authority of Singapore (MAS).
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
A recent study on how Covid-19 had caused an economic toll in nine countries, including Kenya, shows that 45 percent of people were forced to miss or reduce meals.
The programme aims to grow the technical skills of the graduates, training them on the Ericsson technology, solutions and, delivery and providing them with an understanding of Ericsson’s processes, methods and tools.
Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.
Neopenda, a Chicago-based public benefit corporation, announced a new round of funding supported by Assiduity Capital and Sorenson Impact Foundation, and the CE Mark approval of its neoGuard device.
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
Kenyan agency banking startup Tanda announced its expanding its regional operations after closing a funding round from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and 3 more investors.
Kenyan based startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital e-Commerce customer engagement management mobile app to support SMEs.
Three startups from Kenya are among the recipients of the inaugural $2 million Jua Fund, the largest African venture capital fund by a private individual.
Western Kenya have found new fortunes by investing in the cultivation, consumption, preservation and sale of traditional vegetables and seeds.
Kenyan researchers have been working with farmers in Western Kenya to test new varieties of fodder grasses known to have higher protein, low fiber and are fast maturing.
The U.S. International Development Finance Corporation (DFC), disbursed a $1 million equity investment in Kasha Global, an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya.
Kenyan trucking logistics marketplace startup Amitruck secured an undisclosed investment led by US-based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors.
Kenyan fintech startup Popote Payments has raised an undisclosed amount of funding from Lagos-based fintech investment company GreenHouse Capital.
Kenyan agribusiness enterprises run by young people experienced a 48 per cent failure rate last year at the height of the novel corona virus a new study has shown.
With AXA IM Alts’s support, Sanergy would be well-positioned to scale its operations in Kenya and across the region.
Taptap Send, a venture-backed startup that lets immigrants send money back home to emerging markets instantly has launched in Kenya.
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.
Boutique PR agency, African Elite Group Ltd, headquarters in Nairobi, Kenya has been awarded an international award, at the 4th annual MEA (Middle East & Africa Markets) Business Awards 2020.
Phone manufacturer realme is promising to grow its Kenyan foothold in 2021 through release of new products, riding on a successful 2020.
Kenyan AI-powered insights startup Gro Intelligence announced the raise of $85 million in Series B funding, co-led by Intel Capital, Africa Internet Ventures and the family offices of Ronald Lauder and Eric Zinterhofer.
CARMA is an African-based startup offering proprietary decentralized technology allowing lenders to get more value by accessing data on a real-time basis. While non-lending organizations can also monetize their data which will increase their number of lenders.
Daniel Gatura is the CEO and founder of Ace Mobility, a Kenya-based startup that is focused on improving the public transport by addressing mobility challenges of the vulnerable with a focus on the differently abled, women and elderly. Daniel elaborates.
As phone maker realme continues to break record by being among the few brands to have unveiled six new smartphones and AIot products in the Kenyan markets within four months, Kenyans consumers have responded with an appetite for the novel products.
With a range of remarkably beautiful specifications, the realme 7i allows one to shoot the world from multiple perspectives with its 64MP AI quad-camera.
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.
Healthtech startup Ilara Health raises $3.75m to provide life-saving diagnostics across sub-Saharan Africa
Ilara Health, a healthtech startup focused on bringing essential, affordable and life-saving diagnostics to African consumers, raised $3.75 million in Series A funding to expand its diagnostic reach across the continent.
International nonprofit economic development organization TechnoServe is partnering with the Aspen Network of Development Entrepreneurs (ANDE), to host the 4th Virtual Micro Retail Stakeholder Forum.
Kenya’s online shopping platform Kilimall has announced the flash sale of three flagship realme smartphones on Friday 27 November 2020 as part of Black Friday.
Smartphone manufacturer realme has partnered with online shops like Kilimall and other offline platforms for the sale of realme C12 which was launched in Kenya last week alongside realme 7i.
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment. The startup has invested in TV Shows, event organization, book launches, talent development, TV Script writing, Africanized animations, digital publishing and branding.
Riding on the warm reception its flagship products continue to receive among Kenyan customers, smartphone manufacturer realme has launched realme C12 and realme 7i in Kenya.
Kwara, a digital banking platform in Kenya announced the launch of a Customer Success Traineeship Program. The program is part of the company’s broader agenda to build capacity for rising young Kenyan professionals.
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.
Buoyed by the growing popularity realme smartphones continue to enjoy in the Kenyan market in recent months, the phone manufacturer has announced the simultaneous launch of realme C12 and realme 7i.
Kenya’s technology Incubation and Accelerator space iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.
Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.
Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.
Smartphone manufacturer realme has announced the entry of its newest brand realme 7i in the Kenyan market on Tuesday November 10 at 11:00am East African time.
Global smartphone manufacturer realme has unveiled the realme Buds Q in the Kenyan market as it seeks to position itself as a smartphone brand for the urbane and suave youthful generation.
Smartphone manufacturer continues to be a frontrunner in design of its products.
After the successful launch and roll out of realme C15, the world’s fastest-growing smartphone brand, realme, is set to rollout the second Hot Sale for the realme C15.
Stima is a Kenya-based startup that operates a smart service swap stations providing charging services to enable moto-taxi riders to switch to electric motorcycles.
Emerging mobile phone brand realme has unveiled the latest addition to its C-series stable, the realme C15, in Kenya as it seeks to capture one of the most advanced mobile phone markets in the continent.
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT) in the health security and pandemics track.
Global smartphone manufacturer realme has announced September 18 as the day it will unveil its latest brand in the Kenyan market, the realme C15,
Realme 6 that premiered in Kenya in early September is already making waves as evidenced by the number of sales and inquiries across online shops among them Jumia Kenya.
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.
Phone maker realme has launched two models in the Kenya market weeks after it officially launched operations in the country.
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.
Kenyan retail-tech startup MarketForce has been selected for the Silicon Valley based Y Combinator Summer 2020 batch.
Emmauel Nabuora is the CEO of Kenya-based ParteUp, an online application that gives users the opportunity to discover, create, find and share parties within their locality while allowing them to host and stream their parties to live attendees.
Kenda Interlocking Bricks is a Kenya start up in the manufacturing sector that is championing the use of eco-friendly and affordable construction materials as it seeks to bridge the housing deficit in Kenya and the East African region. Engineer Kaxton Kabogoza the founder explains.
Emerging smartphone brand realme, has launched in Kenya as part of its global growth and expansion strategy.
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.
Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.
Mesozi Group announces the close of USD 350,000 seed investment from a group of strong Kenyan angel investors through ViKtoria Business Angels Network(VBAN), alongside Growing Africa Capital and global VCs.
Kenya’s agritech and financial services startup Apollo Agriculture has raised $6 million in Series A financing to bolster its resolve to empower small-scale farmers to maximize their profits.
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.
Villgro Kenya has awarded $150,000 in grant to 12 innovative startups from East Africa with technologies and innovations that could help in testing, monitoring and managing aspects of the COVID-19 outbreak.
Terry Macharia is a founder and Managing Partner at Secvate Solutions, an information technology startup domiciled in Nairobi Kenya that has since 2018 been offering customized software solutions, cyber security consultancy and data analytics services to MSMEs.
Isaac Muigai is the brains behind Humanum Ratings, a Kenya-based management consultancy startup that advises companies on potential risks and noteworthy strengths that they should focus on in order to fortify organizational culture and boost performance.
Agricultural Solutions Kenya has been working with rural communities and youth in the supply of agricultural machinery, biogas installations and training. It recently started a crowdfunding campaign to make available to farmers seed planters
Cyrus Mulinge is the CEO of Trots Technologies, a Kenyan based mobile commerce platform that allows seamless and uninterrupted interaction between businesses and their audiences.
Nathaniel Ndegwa is the Managing Director of Tipping Point Media, a Kenyan digital marketing startup that has now grown its clientele to 15 countries,, with a bias to SMEs and E-commerce
As more companies and institutions in Africa leverage onthe power of Artificial Intelligence to accelerate growth, Fastagger a Kenyan startup is accelerating AI applications by providing access to high quality data enhanced by human interaction. The company’s CEO and co-founder Mutembei Kariuki explains.
Buyology Co. LLC, is a Kenyan based startup that is assisting companies enhance customer experience through mystery shopping concept and training. It has over 3,500 mystery shoppers who visit clients’ businesses to audit service delivery and report back on their findings.