Financing
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100Pay’s New Fund Supports Crypto Startups in Nigeria
100Pay, a leading cryptocurrency payment platform in Nigeria, has recently announced the launch of a $200,000 startup fund. This initiative aims to accelerate the adoption…
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Affordable OPPO Devices Now Available Through LOOP
Recently, LOOP, a Kenyan fintech company owned by NCBA Group, announced a ground-breaking partnership with OPPO to provide device financing for the brand-new OPPO Reno…
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Innovate Africa Fund Fuels African Startups with $2.5 Million Launch
With a dedicated initial investment of $2.5 million, Innovate Africa Fund goes beyond the role of a traditional investment firm. Co-founded by the visionary duo…
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MOGO Kenya secures $10 Million to boost E-mobility In Kenya
The U.S. International Development Finance Corporation (DFC) is giving Kenya’s transportation sector a clean energy boost. They have announced a $10 million loan to MOGO…
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Alitheia IDF Invests $4.5 Million in Seamfix for Enhanced Digital ID Verification Systems across Africa.
Seamfix, a Nigerian digital identity solutions provider, has secured $4.5 million in funding to expand its digital ID and credential services into five new African…
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Kenya’s Jacaranda Health and EIDU Among Top African Organizations to Receive over $20 million Funding
Two Kenyan firms, Jacaranda Health and EIDU, are among 21 organisations selected for Google’s Generative AI Cohort programme, a targeted initiative designed to empower organisations…
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The International Finance Corporation Commits $165 million to Airtel Africa for Operations and Debt Refinancing in Kenya, Rwanda, and DRC
The International Finance Corporation (IFC), a member of the World Bank Group, has committed a significant investment of $165 million (approximately Sh26.99 billion) to Airtel…
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NCBA Sets Sights on Regional Domination with Digital Banking Expansion
NCBA Now: Revolutionising Banking in East Africa NCBA Group unveiled its innovative banking omnichannel application, NCBA Now, in Tanzania last week in a bid to…
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United Kingdom Investment in Kenya’s Green Initiatives
The UK has pledged a major increase in green funding;initiatives that prioritize environmental sustainability, up from £3.1 million to a substantial £6.6 million (approximately Ksh.…
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Bolt, M-KOPA, and Ampersand Launch an Affordable Electric Bike Fleet in Nairobi
Bolt has teamed up with M-KOPA and Ampersand Energy to introduce an electric bike fleet in Kenya, aiming to provide more affordable options for drivers…
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