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News - East Africa
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AIfluence, a Kenyan AI influencer marketing startup, has raised $1 million in funding
AIfluence, a Kenyan influencer marketing platform, has raised $1 million in seed funding. EQ2 Ventures, Antler East Africa, Oui Capital,...
Read moreVisa and the International Bank of Somalia have launched a card payment service
Visa has launched Somalia's first Visa card payment service in collaboration with the International Bank of Somalia (IBS Bank). In...
Read moreMarketForce, a Kenyan B2B retail platform, has raised $2 million in pre-Series A funding to help it scale its B2B e-commerce marketplace
MarketForce, a Nairobi-based B2B end-to-end platform that assists customer brands in delivering essential goods and services, has raised $2 million...
Read moreFollowing a new finance bill, Kenyans will now pay more for internet and phone calls
A new amendment to Kenya's Finance Act of 2018 attempted to raise the tax rate on telephone and internet services...
Read moreKenyan ed-tech start-up Ed Partners Africa has raised $1.9 million in a funding round to support affordable private schools in Africa
Ed Partners Africa, a Nairobi-based affordable private school finance company, has received $1.9 million to extend its footprint and provide...
Read moreApollo, a Kenyan agritech startup, has received a $1 million debt financing to help small-scale farmers
Apollo, a Kenya-based agritech startup, has secured a $1 million debt financing to help small-scale farmers. The Agri-Business Capital Fund (ABC...
Read moreFSD Africa invests US$4.5 million in Nithio FI to help Kenya, Nigeria, and Uganda scale up off-grid energy
FSD Africa Investments (FSDAi), FSD Africa's investment arm, has invested US$4.5 million in Nithio FI, a renewable energy financing intermediary...
Read moreTanzania central bank has stated that it is working on the president’s cryptocurrency action plan
Tanzania central bank has stated that it is working on President Samia Suluhu Hassan's direction to prepare for cryptocurrency, implying...
Read moreAfter a successful pilot, Kune, a Kenyan food-tech startup, has raised $1 million in pre-seed funding to help it scale
Following a successful pilot, Kune, a Kenyan food-tech firm that delivers freshly cooked fast food at low prices, has raised...
Read moreThe Realness Institute in Partnership Netflix have announced the12 participants for content development lab for African writers
Twelve creative industry professionals from Kenya, Nigeria, Mozambique, South Africa, and Zimbabwe were chosen from over 500 applications to participate...
Read moreEthiopia has announced the commencement of a tender process to sell a 40% stake in Ethio Telecom
Ethiopia has opened a tendering process to sell a 40% stake in state-owned carrier Ethio Telecom to private investors, as...
Read moreSky.Garden, a Kenyan e-commerce firm, has raised $4 million in a Series A funding round
Sky.Garden raised US$1.2 million in seed funding in 2018, and it has now secured US$4 million in a Series A...
Read moreThe Big 5
