Kenya
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Jumia aims to expand its food delivery service across Africa
With the positive rebound of its e-commerce business buoyed by covid-19 lockdown which shot its shares into bullish runs for the first…
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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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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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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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Funding
Kenya’s logistics startup Amitruck raises fund to expand its customer base across East Africa
Kenyan logistics startup Amitruck has raised an undisclosed investment led by Dynamo Ventures with participation from Plug and Play Ventures along with…
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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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Other financial services
Japan Accelerator Programme Expands To Kenya
The Japan International Cooperation Agency (JICA) is expanding its Next Innovation with Japan Accelerator (NINJA) programme to Kenya this year. According to…
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