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News - East Africa
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Craydel, a Kenyan ed-tech startup, has raised a pre-seed round of funding of $1 million
Craydel has raised $1 million in a pre-seed round led by Enza Capital, a pan-African venture capital firm focused on...
Read moreSama, a Kenyan AI startup, has raised $70 million in a series B funding round.
Sama has received $70 million in Series B funding to develop the first end-to-end AI platform that allows teams to...
Read moreDP World has launched its e-commerce platform DUBUY.com in Kenya
DP World, a trade enabler, has announced the launch of DUBUY.com, a global wholesale e-commerce platform, in the Kenyan market....
Read moreShamiri Institute, a Kenyan mental health startup, has raised $1 million to extend its programs and reach more African youth
The Templeton World Charity Foundation has given $1 million to the Shamiri Institute, which was founded in 2018 by Anzisha...
Read moreOpibus, a manufacturer of electric vehicles in Sub-Saharan Africa, secures $7.5 million.
Opibus, Sub-Saharan Africa's leading electric vehicle manufacturer, announced that it has raised $7.5 million in funding led by Silicon Valley...
Read moreChipper Cash, an African cross-border payments company, has raised $150 million at a valuation of over $2 billion.
African cross-border payments provider Chipper Cash has secured $150 million in an expanded Series C round, which included participation from...
Read moreThe Kigali International Financial Centre (KIFC) has launched the Virunga Africa Fund I, a $250 million pan-African investment fund
Kigali International Financial Centre (KIFC) has announced the launch of a $250 million Virunga Africa Fund I, which would invest...
Read moreNairobi now has an Agricultural innovation incubator funded by African Development Bank
The Pan African University Institute for Basic Sciences, Technology and Innovation (PAUSTI) at Jomo Kenyatta University of Agriculture and Technology...
Read moreTwiga, a Kenyan startup, has raised $50 million in a Series C funding round to expand its food solutions across Africa
Twiga, a Kenyan B2B e-commerce platform, has raised $50 million in Series C funding to help it expand its inexpensive...
Read moreUnion54 has closed a $3 million funding round led by Tiger Global
Union54, a fintech startup, has received a new round of funding from Tiger Global, a renowned venture capital firm. Ace...
Read moreAmpersand, a Rwandan electric motorcycle startup, has secured a $9 million loan facility
The US International Development Finance Corporation (DFC) has granted Ampersand, a Rwanda-based electric motorcycle startup, a $9 million financing facility...
Read moreUganda Green Enterprise Finance Accelerator is now accepting applications from SMEs providing sustainable energy services
Green enterprises in Uganda are invited to apply for the accelerator program, which provides free finance-focused courses and subsidized loans...
Read moreThe Big 5
