Business
Business news, announcements, funding, reports, in-depth graphs and much more to help you understand the world better
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Startups
M-Kopa raises KES 8.5 Billion equity funding to expand to more countries
Launched in 2011, M-KOPA’s financing platform enables underbanked customers to access a broad range of products and services without collateral…
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Startups
MarketForce, Kenya’s B2B Marketplace, raises $40M Series A
MarketForce was co-founded by Tesh Mbaaby and Mesongo Sibuti in 2018. It is now a leading B2B commerce and fintech…
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Startups
Flutterwave promises more than payments in latest rebrand
Africa's highest valued startup, Flutterwave, has unveiled a significant rebrand following the $250M Series D funding last week.
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Opinion
5 Tips for Making Your App Idea a Success
With your app idea written down, you need to conduct essential market research. You need to look at what questions…
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News
Chumz is a new app seeking to help Kenyans invest from as little as KES 5
Chumz app enables anyone with a mobile money account to create financial goals as an individual or as a group…
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Startups
SweepSouth, on-demand home cleaning service, launches ‘Connect’ in Kenya
SweepSouth Connect is a service that connects customers to highly-rated professionals for all their fixing and home maintenance needs.
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Startups
Flutterwave now valued at over $3B after closing $250M series D Funding
Flutterwave is now the highest valued African startup. Its valuation has more than tripled since its last funding round in…
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News
Standard Chartered launches ‘SC Shilingi’ Money Market Fund
The SC Shilingi Money market fund is a partnership between Standard Chartered Bank with Sanlam and Mangosteen BCC Pte Ltd
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Startups
Moove partners with CFAO Motors to support entrepreneurs in Ghana & Nigeria
Moove has announced it is partnering with CFAO Motor to support mobility entrepreneurs across Ghana and Nigeria.
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News
SEACOM acquires Africell Uganda to expand East Africa reach
SEACOM has provided wholesale solutions to Uganda since its inception in 2009, and corporate solutions since 2018.
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Announcements
Safaricom running pilot on Smart Vehicle Tracking System
Safaricom PLC is working on a Smart Tracking System for Vehicles in Kenya. The Telematics solution is expected to go…
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News
America’s Everstrong Capital acquires majority stake in Kenya’s Cell Tower Company
SealTowers Limited, a licensed Kenyan Cell Tower Company, and Everstrong Capital announced on Thursday the signing of an agreement that…
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How To/ Explained
Cashlet App Explained; How it works, and everything to expect
The Cashlet App wants to make it easier for Kenyans to setup investments with unit trusts and money markets funds.…
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Startups
MyMovies.Africa launches seed round for $0.5 Million after Ninja Accelerator Program
MyMovies.Africa has over the last 12 weeks participated in the intensive NINJA Initiative Program to prepare it for investment.
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Startups
Kenya’s Health Data Platform Afya Rekod closes $2 Million Seed Round
Afya Rekod is a health data platform - under Adanian Labs - that allows both patients and health facilities to…