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News - East Africa
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M-Pesa, Safaricom’s mobile money service, is now available in Ethiopia
The launch of Safaricom's M-Pesa mobile money service in Ethiopia is a boon for the Kenyan telecoms operator, which is...
Read moreEd Partners, a startup in Kenya, receives $1.5 million in funding
Ed Partners, a startup based in Kenya, has received $1.5 million in debt funding from Oikocredit, an investor in social...
Read moreAirtel Kenya aims to invest more than $150 million to expand its network coverage
Over the next three years, Airtel Kenya expects to invest more than $150 million (KSh21.5 billion) to increase network coverage....
Read moreThe World Bank Group has committed $257.4 million to Safaricom Ethiopia for the purpose of improving mobile connectivity
The World Bank Group will provide $257.4 million (KSh36.8 billion) to Safaricom Ethiopia to support its greenfield telecommunications initiatives. Mobile...
Read moreKenya suspends the Worldcoin cryptocurrency project due to security concerns
The Worldcoin cryptocurrency project's local operations have been put on hold, according to Kenya's interior ministry, while authorities evaluate the...
Read moreMTN has officially launched the first 5G network in Uganda
MTN Uganda, a subsidiary of the South African MTN Group, has launched the country's first 5G network. With over 15...
Read moreZuri Health, a startup based in Kenya, has raised additional funding
Zuri Health, a Kenyan startup, has received additional funding from Five35 Ventures to enable it to expand its cutting-edge healthcare...
Read moreKasha, a Rwandan digital retail startup, has raised $21 million in a Series B funding round
Kasha, a Rwandan last-mile delivery and digital retail platform for women's health needs, raised $21 million in a Series B...
Read moreRevivo, a B2B startup for electronic parts in Kenya, has raised $635k in a pre-seed round of funding
Revivo, a B2B marketplace for consumer electronics parts, is a Kenyan business that has announced a US$635,000 pre-seed funding round. Revivo...
Read moreShopzetu has received $1Million in pre-seed funding
ShopZetu, a startup in the fashion IT industry, recently announced the successful completion of a $1Million Pre-Seed funding round. Launch...
Read moreKubik, an Ethiopian cleantech startup, has secured $3.34 million in an oversubscribed seed round
Kubik of Ethiopia has secured US$3.34 million through an oversubscribed seed round of funding to help it scale. Kubik specializes...
Read morePeach Cars, a marketplace for used automobiles in Kenya, raises $5 million in seed funding
Peach Cars, a Kenyan online marketplace for automobiles, has raised $5 million in seed funding, the company announced. The University of...
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