News - East Africa

Guidewheel, a manufacturing technology pioneer founded in Nairobi, Kenya as Safi, has raised $8 million in Series A funding to...

Voltron Capital, an Africa-focused venture capital fund for businesses, has been launched by Olumide Soyombo. Olumide Soyombo is a serial...

Google has announced the launch of a new five-month training program for game developers in Africa to successfully build, scale,...

AIfluence, a Kenyan influencer marketing platform, has raised $1 million in seed funding. EQ2 Ventures, Antler East Africa, Oui Capital,...

Visa has launched Somalia's first Visa card payment service in collaboration with the International Bank of Somalia (IBS Bank). In...

MarketForce, a Nairobi-based B2B end-to-end platform that assists customer brands in delivering essential goods and services, has raised $2 million...

A new amendment to Kenya's Finance Act of 2018 attempted to raise the tax rate on telephone and internet services...

Ed Partners Africa, a Nairobi-based affordable private school finance company, has received $1.9 million to extend its footprint and provide...

Apollo, a Kenya-based agritech startup, has secured a $1 million debt financing to help small-scale farmers. The Agri-Business Capital Fund (ABC...

FSD Africa Investments (FSDAi), FSD Africa's investment arm, has invested US$4.5 million in Nithio FI, a renewable energy financing intermediary...

Tanzania central bank has stated that it is working on President Samia Suluhu Hassan's direction to prepare for cryptocurrency, implying...

Following a successful pilot, Kune, a Kenyan food-tech firm that delivers freshly cooked fast food at low prices, has raised...