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News - East Africa
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Crossboundary, based in Kenya, receives $25 million for solar mini-grids in Africa
Crossboundary Energy Access (CBEA), a Kenya-based mini-grid infrastructure fund, has raised $25 million in funding from ARCH Emerging Markets Partners...
Read moreVirridy has completed a Series A funding round for $5.5 million, led by Accord Capital
Virridy has raised $5.5 million in Series A funding to help expedite the development and implementation of its satellite-connected sensors...
Read moreM-Pesa from Safaricom and Visa to offer virtual card for international transactions
M-Pesa, Kenya's Safaricom's mobile phone-based African money transfer service, and Visa have created a virtual payment card in an attempt...
Read moreVictory Farms, a Kenyan aquaculture startup, has received $5 million in funding to expand its operations
Victory Farms, a tilapia fish farm and aquaculture firm in Kenya, has raised $5 million in new capital. Ed Brakeman,...
Read moreZuri Health raises $1.3 million in the pre-seed round
Zuri Health, a mobile-based digital healthcare startup, has announced that it has raised $1.3 million in funding to grow across...
Read moreTwiga Foods has made a $10 million investment in Twiga Fresh, its commercial agricultural subsidiary
Twiga Foods has announced the launch of Twiga Fresh, a new business focusing on contemporary and commercial farming, to assist...
Read moreTopUp Mama, a Kenyan startup, earns $1.7 million in a seed round
TopUp Mama, a Kenyan startup that connects African eateries with supplies, banking services, and business management tools, has raised US$1.7...
Read moreMARA raises $23 million to develop the crypto economy portal for Africa
One of Africa's leading crypto exchanges, MARA, has received $23 million in funding from Coinbase Ventures, Alameda Research (FTX), Distributed...
Read moreAfrica GreenCo, based in Zambia, has received $15.5 million to expand its business operations
Africa GreenCo (GreenCo), a Zambian company, has received $15.5 million in fundig from InfraCo Africa, the Danish Investment Fund for...
Read moreNorebase, a Nigerian trade-tech startup, has received $1 million in pre-seed funding
Norebase, a Nigerian trade technology startup that is establishing a single platform for businesses to start, scale, and operate in...
Read moreCcHub and Google have selected nine startups for the Rwandan fintech program
The nine startups selected for the first Fintech Incubation Programme have been announced by Co-Creation Hub (CcHub), in conjunction with...
Read moreThe Central African Republic has approved bitcoin as one of its official currencies
The Central African Republic's presidency announced on Wednesday that bitcoin has been approved as an official currency, making it the...
Read moreThe Big 5
