News - East Africa

Ugandan renewable-energy provider Sawa Energy has secured a US$2.9 million (EUR 2.5 million) equity investment from ElectriFI the European Union-funded...

Kenyan agri-technology firm Synnefa has secured a US$300,000 grant from the Partnering for Green Growth and the Global Goals 2030...

Venture capital firm First Circle Capital, which operates from Morocco and Uganda, announced a US$6 million funding commitment from the...

Kenyan electric mobility startup Enzi Mobility has secured a strategic investment totalling US $3.5 million from blockchain-enabled impact investor Kula...

Kenyan agritech startup Farm to Feed has secured a US$1.5 million seed financing round to accelerate its mission of reducing...

Mauritius-based telecom operator AXIAN Telecom Holding and Management PLC (via its subsidiary AXIAN Telecom Fibre Ltd, branded as “Yas”) has...

Novastar Ventures has secured an equity commitment of up to US$40 million from the Green Climate Fund (GCF) for its new...

KCB Group Plc (NSE: KCB), Kenya’s largest lender by assets, announced that it has entered into an agreement to acquire...

Kenya is considering a transformative policy that would require large corporations to allocate a portion of their corporate social responsibility...

Pan-African electric mobility company Spiro has successfully raised $100 million in its latest funding round, marking a significant milestone in...

Kenya has unveiled plans to establish a national sovereign wealth fund and an infrastructure investment fund, aiming to mobilise long-term...

The World Bank has announced the resumption of concessional financing to Uganda, pledging over $2 billion in new funding over...