East Africa
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Start-ups
Kenyan-based fintech startup ImaliPay, secures pre-seed funding
Kenya-based fintech startup ImaliPay has secured an undisclosed amount of pre-seed funding led by TEN13, an Australian venture capital firm, and several other…
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Funding
Kenya’s fintech and eCommerce startup Powered by People, raises $1.5mn in seed funding for operational expansion
Kenyan fintech and eCommerce startup Powered by People (PBP) has raised $1.5-million in seed funding led by Matt Kalish of DraftKings, TBD…
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Business
Kenya’s fundraising platform Raise, secures $25k investment to expand and grow its operation
Venture capital firm, and the Kenyan fundraising platform Raise, have jointly announced a partnership that saw Microtraction help mobilize $25,000 for Raise,…
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Financial Services
Africa-focused Investor Sunfunder Raises $140m Funding For Off-grid Energy Companies
Even though the coronavirus ravaged the world for a greater part of last year, SunFunder, the Kenya-based venture capital company offering…
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Financial Services
Rwandan mobile payment volumes rise 206% last year
Buoyed by the lockdown, the value of mobile payment volumes in Rwanda increased by 206 percent in 2020 to Rwf 7.177 billion…
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Start-ups
Kenyan Off-Grid Startup SunCulture Secures $14m
Efforts aimed at boosting agricultural production output in Africa received a boost with the planned solar-powered irrigation expansion drive across Africa being proposed by…
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Start-ups
Uganda’s Energy startup gnuGrid Secures US$250k funding for growth & expansion
Energy startup gnuGrid of Uganda has raised a US$250,000 funding round as it works to scale its solution to more…
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Business
Bolt Kenya secures US$180.9m, to launch e-scooters & expand
Taxi hailing services company Bolt Kenya, is set to launch e-scooter rental business and expand to smaller towns and peri-urban…
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Start-ups
This Kenyan Lady Has A Startup That Recycles Plastic Waste Into Bricks
There’s no denying that the world has become very aware of the environmental risks and currently we have so much…
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Business
Ugandan tech startup Minute5, Links farmers to consumers
A Uganda based eCommerce platform, Minute5, has moved to the AWS (Amazon Web Services) cloud computing platform. The move will further…
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