News - East Africa

Acumen has launched its second KawiSafi fund, securing $90 million in approved capital, including $40 million in committed funding, to...

Yango Ventures, the corporate VC arm of global tech-company Yango, has made its second investment from its newly launched $20...

The UK Foreign, Commonwealth & Development Office (FCDO) has issued a new invitation to tender for a comprehensive study of...

In a significant stride towards industrial advancement and energy efficiency, Kenya has secured a ¥25 billion (approximately $169 million) Samurai...

Finnfund, Finland’s development financier, has committed a $4 million debt investment to Poa Internet Kenya Ltd., a Kenyan internet service...

Kenyan fintech startup HoneyCoin has secured $4.9 million in seed funding to scale its stablecoin-enabled payment infrastructure across Africa, Latin...

In a bold stride toward financial modernization and sovereignty, the Bank of Tanzania (BoT) has officially launched its Integrated Core...

Konza Technopolis, Kenya's flagship smart city project, is witnessing a surge in collaborations with South Korean firms, marking a significant...

Former Copia Global executives have launched Stahili, a new e-commerce platform in Kenya. The platform offers cashback, discounts, and mobile...

Gather Ventures, an impact investment firm founded by Kenyan-born Jo Opot, has launched a climate-focused investment fund aimed at supporting...

Safaricom and PayPal have announced a strategic collaboration to enable seamless fund transfers between M-PESA and PayPal accounts. This partnership...

Stanbic Bank Kenya has announced its intention to raise US$100 million to support startups and small and medium-sized enterprises (SMEs)...