Business
Business news, announcements, funding, reports, in-depth graphs and much more to help you understand the world better
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News
Innovative Fintech Startups Shine at Visa Africa Accelerator Demo Day in Nairobi
Visa Africa Fintech Accelerator's first Demo Day in Nairobi highlights 23 startups, opens applications for second cohort.
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News
Does Apple Employ 23,000 Kenyans According to Kenya’s President?
Kenyan President's claim of Apple employing 23,000 Kenyans scrutinized; lacks evidence in direct operations, market share, or developer engagement.
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Startups
Influencer Startup Wowzi Joins Diageo Fusion Lab Program
Wowzi, Kenyan tech firm, selected for Diageo's Fusion programme to innovate digital consumer experiences globall
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Startups
Kenya’s Ilara Health Secures $4.2M in New Funding Round
Kenya's Ilara Health secures $4.2M pre-Series A for healthcare digitization and expansion across Kenya and beyond.
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Opinion
You Cannot Beat Nairobi’s Same-Day Delivery Convenience
Nairobi's same-day delivery system showcases fast, safe, and convenient e-commerce, bolstered by trust and technology.
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Startups
Kenya’s Tech Talent Recognised in International Underdog Tech Award 2024
Kenyan innovators Amos Kimani and Royford Mutegi shortlisted for the 2024 Underdog Tech Award for tech startups.
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News
Airtel Launches Telesonic Fibre to Power Digital Africa
Airtel Africa launches Telesonic, enhancing digital connectivity with terrestrial fibre and submarine cables, aiming to bridge Africa's digital divide and…
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News
Central Bank Directive Streamlines “Send Money” to All Networks, Ends Unregistered Transfers
CBK Directive for interoperability leads to seamless Send Money Experience across all Networks, ends sending to unregistered accounts.
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News
Branch and Solv by Standard Chartered Collaborate to Extend Loans to Kenyan MSMEs
Branch and Solv collaborate, offering loans and financial support to empower MSMEs in Kenya with growth and sustainability.
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Announcements
Safaricom Ends M-PESA Transfers to Unregistered Accounts
Safaricom to halt M-PESA money transfers to unregistered users from February 5th, encourages sign-ups at shops amid service outages.
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Startups
Nairobi Hosts Visa Africa Fintech Accelerator Program’s Inaugural Demo Day
Visa's Africa Fintech Accelerator in Nairobi showcases startups from 18 countries, fostering innovation with mentorship and investment opportunities.
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News
Kenya Mandates Registration of Airbnb, Short-Term Rentals with Tourism Authority
Kenya mandates registration, enhanced safety for short-term rentals, including Airbnbs.
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News
Innovators Set to Benefit from $10 Million ICANN Grant for Internet Development
ICANN Grants $10 million to Kenyan innovators for projects enhancing secure, accessible Internet infrastructure, applications open March to May 2024.
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Announcements
XREAL Announces USD 60M in Strategic Fundraising Round Ahead of XREAL Air 2 Ultra Launch
XREAL secures $60M funding, total $300M, for R&D and factory expansion, ahead of XREAL Air 2 Ultra launch.
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Startups
New Funding for Women-Led Start-ups by Village Capital & Standard Chartered
Village Capital and Standard Chartered partner to fund women-led start-ups, addressing gender gaps in entrepreneurial financing