FSD Africa, the Insurance Regulatory Authority (IRA) and Tellistic Technology Services have launched BimaLab, a KES 5.3 million accelerator programme designed to support insurance startups in Kenya.
Marketforce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced the appointment of Ore Omolaja as the Nigeria Country Manager and Head of Business, effective 15th July 2021.
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa, announced a $2 million pre-Series A round, bringing total funding to-date to $2.5 million.
Speaking during the Alliance for a Green Revoluton in Africa (AGRA) organized Africa Green Revolution Forum (AGRF) Summit, speakers reiterated that food security cannot be achieved without a gvernment facilitated enabling environemnt for agribusiness to thrive.
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today formally announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
Three Kenyan insurtech startups each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance and other partners, to promote insurance inclusivity.
MarketForce acquires Digiduka startup to consolidate distribution of consumer goods with digital financial services in Africa
MarketForce, the end-to-end retail distribution platform for consumer brands in Africa, announced the strategic acquisition of Digiduka, a startup on a mission to bring informal retailers in Africa into the digital economy.
Kenya's Industrialization Ministry launches Startup Savanna, a business acceleration programme for early-stage startups
The Kenyan Ministry of Industrialization, Trade and Enterprise Development (MoITED), launched Startup Savanna, an international business acceleration programme that will link Kenyan startups to global angel investors.
The Federal Development Ministry (BMZ), has expanded its developPPP Ventures programme in Kenya to support local startups.
After its launch in September last year, venture builder Satgana has announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport industry in the Global South by electrifying the motorcycle industry.
Norwegian-based accelerator Pangea has unveiled a scale-up program offering private funding of up to $3 million and business support to enable locally funded Kenyan startups accelerate their enterprises to the next level.
Five women-led tech startups awarded $10k funding by Standard Chartered Women in Tech Incubator in Kenya
The Standard Chartered Bank has awarded 5 women-led businesses with KES 1,000,000 each. The businesses were picked from the 4th cohort of the Standard Chartered Bank Women in Tech incubation program.
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.
Rice sector players in sub-Saharan Africa and Asia are set to lead discussions on accelerating progress in rice research & development, inclusive markets & value chains.
Digital banking platform and fintech company Kwara has been selected for the first cohort of the Ninja Accelerator programme in Kenya.
Lami Technologies, a Kenyan insurance technology (insurtech) company that aims to democratize insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding.
The MoU will leverage on programs run by the two organizations. These include the E4Impact Accelerator Program, the Afro-Asia Fintech Festival and the Annual Hackathon hosted by CBK and the Monetary Authority of Singapore (MAS).
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
A recent study on how Covid-19 had caused an economic toll in nine countries, including Kenya, shows that 45 percent of people were forced to miss or reduce meals.
The programme aims to grow the technical skills of the graduates, training them on the Ericsson technology, solutions and, delivery and providing them with an understanding of Ericsson’s processes, methods and tools.
Kenyan logistics startup Amitruck and Sky.Garden announce last mile goods pick-up and deliveries partnership
Logistics platform Amitruck and e-Commerce platform Sky.Garden have partnered to form an end-to-end digital chain for goods pick-up and deliveries to the last mile.
Neopenda, a Chicago-based public benefit corporation, announced a new round of funding supported by Assiduity Capital and Sorenson Impact Foundation, and the CE Mark approval of its neoGuard device.
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
Kenyan agency banking startup Tanda announced its expanding its regional operations after closing a funding round from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and 3 more investors.
Kenyan based startup Ajua has partnered with MTN Nigeria to launch EnGauge, a digital e-Commerce customer engagement management mobile app to support SMEs.
Three startups from Kenya are among the recipients of the inaugural $2 million Jua Fund, the largest African venture capital fund by a private individual.
Western Kenya have found new fortunes by investing in the cultivation, consumption, preservation and sale of traditional vegetables and seeds.
Kenyan researchers have been working with farmers in Western Kenya to test new varieties of fodder grasses known to have higher protein, low fiber and are fast maturing.
The U.S. International Development Finance Corporation (DFC), disbursed a $1 million equity investment in Kasha Global, an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya.
Kenyan trucking logistics marketplace startup Amitruck secured an undisclosed investment led by US-based Dynamo Ventures with participation from Plug and Play Ventures and a collection of strategic angel investors.
Kenyan fintech startup Popote Payments has raised an undisclosed amount of funding from Lagos-based fintech investment company GreenHouse Capital.
Kenyan agribusiness enterprises run by young people experienced a 48 per cent failure rate last year at the height of the novel corona virus a new study has shown.
With AXA IM Alts’s support, Sanergy would be well-positioned to scale its operations in Kenya and across the region.
Taptap Send, a venture-backed startup that lets immigrants send money back home to emerging markets instantly has launched in Kenya.
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.
Boutique PR agency, African Elite Group Ltd, headquarters in Nairobi, Kenya has been awarded an international award, at the 4th annual MEA (Middle East & Africa Markets) Business Awards 2020.
Phone manufacturer realme is promising to grow its Kenyan foothold in 2021 through release of new products, riding on a successful 2020.
Kenyan AI-powered insights startup Gro Intelligence announced the raise of $85 million in Series B funding, co-led by Intel Capital, Africa Internet Ventures and the family offices of Ronald Lauder and Eric Zinterhofer.
CARMA is an African-based startup offering proprietary decentralized technology allowing lenders to get more value by accessing data on a real-time basis. While non-lending organizations can also monetize their data which will increase their number of lenders.
Daniel Gatura is the CEO and founder of Ace Mobility, a Kenya-based startup that is focused on improving the public transport by addressing mobility challenges of the vulnerable with a focus on the differently abled, women and elderly. Daniel elaborates.
As phone maker realme continues to break record by being among the few brands to have unveiled six new smartphones and AIot products in the Kenyan markets within four months, Kenyans consumers have responded with an appetite for the novel products.
With a range of remarkably beautiful specifications, the realme 7i allows one to shoot the world from multiple perspectives with its 64MP AI quad-camera.
54gene, Kobo360, myFanPark and Sokowatch have been named among the 12 winners of AppsAfrica Awards 2020. The awards celebrates the best startups in mobile and tech from across Africa.
Healthtech startup Ilara Health raises $3.75m to provide life-saving diagnostics across sub-Saharan Africa
Ilara Health, a healthtech startup focused on bringing essential, affordable and life-saving diagnostics to African consumers, raised $3.75 million in Series A funding to expand its diagnostic reach across the continent.
International nonprofit economic development organization TechnoServe is partnering with the Aspen Network of Development Entrepreneurs (ANDE), to host the 4th Virtual Micro Retail Stakeholder Forum.
Kenya’s online shopping platform Kilimall has announced the flash sale of three flagship realme smartphones on Friday 27 November 2020 as part of Black Friday.
Smartphone manufacturer realme has partnered with online shops like Kilimall and other offline platforms for the sale of realme C12 which was launched in Kenya last week alongside realme 7i.
Almasi Ndangili is the founder of Imarisha East Africa Productions Ltd, a Kenya-based talent academy promoting education through edutainment. The startup has invested in TV Shows, event organization, book launches, talent development, TV Script writing, Africanized animations, digital publishing and branding.
Riding on the warm reception its flagship products continue to receive among Kenyan customers, smartphone manufacturer realme has launched realme C12 and realme 7i in Kenya.
Kwara, a digital banking platform in Kenya announced the launch of a Customer Success Traineeship Program. The program is part of the company’s broader agenda to build capacity for rising young Kenyan professionals.
US-based impact investor Gray Matters Capital announced its funding in Kenya's agritech startup Farmers Pride, a one stop e-commerce platform that connects village level farmers to quality inputs, services and information.
Buoyed by the growing popularity realme smartphones continue to enjoy in the Kenyan market in recent months, the phone manufacturer has announced the simultaneous launch of realme C12 and realme 7i.
Kenya’s technology Incubation and Accelerator space iHub owned by Co-creation Hub (CcHUB) has announced the acquisition of edtech startup and digital educational content provider eLimu.
Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.
Swedfund invests in femtech e-commerce startup Kasha Global to support women’s health in East Africa
Swedfund, the Swedish Development finance institution, announced its investment in Kasha Global, a Femtech e-commerce platform with subsidiaries in Rwanda and Kenya, to support women’s health and self-care.
Smartphone manufacturer realme has announced the entry of its newest brand realme 7i in the Kenyan market on Tuesday November 10 at 11:00am East African time.
Global smartphone manufacturer realme has unveiled the realme Buds Q in the Kenyan market as it seeks to position itself as a smartphone brand for the urbane and suave youthful generation.
Smartphone manufacturer continues to be a frontrunner in design of its products.
After the successful launch and roll out of realme C15, the world’s fastest-growing smartphone brand, realme, is set to rollout the second Hot Sale for the realme C15.
Stima is a Kenya-based startup that operates a smart service swap stations providing charging services to enable moto-taxi riders to switch to electric motorcycles.
Emerging mobile phone brand realme has unveiled the latest addition to its C-series stable, the realme C15, in Kenya as it seeks to capture one of the most advanced mobile phone markets in the continent.
Kenyan technology startup, xetova, has been named 2020 Global Solve finalist by Massachusetts Institute of Technology (MIT) in the health security and pandemics track.
Global smartphone manufacturer realme has announced September 18 as the day it will unveil its latest brand in the Kenyan market, the realme C15,
Realme 6 that premiered in Kenya in early September is already making waves as evidenced by the number of sales and inquiries across online shops among them Jumia Kenya.
Ada Labs Africa with headquarters in Nairobi, Kenya announced that since it’s launch earlier this year, the fusion lab has acquired six startups. The Lab currently has two in the market with the other four launching in the coming months.
Phone maker realme has launched two models in the Kenya market weeks after it officially launched operations in the country.
Kenyan youth and women-led agribusinesses have been awarded an opportunity to access $100,000 as investment for their companies through the FoodTech Africa accelerator.
Kenyan retail-tech startup MarketForce has been selected for the Silicon Valley based Y Combinator Summer 2020 batch.
Emmauel Nabuora is the CEO of Kenya-based ParteUp, an online application that gives users the opportunity to discover, create, find and share parties within their locality while allowing them to host and stream their parties to live attendees.
Kenda Interlocking Bricks is a Kenya start up in the manufacturing sector that is championing the use of eco-friendly and affordable construction materials as it seeks to bridge the housing deficit in Kenya and the East African region. Engineer Kaxton Kabogoza the founder explains.
Emerging smartphone brand realme, has launched in Kenya as part of its global growth and expansion strategy.
British startup Planet Smart City has joined forces with the United Nations Human Settlements Programme, UN-Habitat to provide digital tools, community management and social innovation to help improve lives in informal settlements in Kenya.
Kenyan agritech startup Lentera, MCFI ink deal to provide satellite based crop analysis for Mauritian farmers
The Mauritius Chemical and Fertilizer Industry (MCFI), and Lentera Africa have signed a partnership that will see Lentera provide satellite-based crop health analysis and crop modelling services for Mauritian customers of MCFI.
PayGo Energy, an Energy Access Ventures portfolio company, has secured a strategic investment from Saisan, a leading Japanese energy company.
Mesozi Group announces the close of USD 350,000 seed investment from a group of strong Kenyan angel investors through ViKtoria Business Angels Network(VBAN), alongside Growing Africa Capital and global VCs.
Kenya’s agritech and financial services startup Apollo Agriculture has raised $6 million in Series A financing to bolster its resolve to empower small-scale farmers to maximize their profits.
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.
Villgro Kenya has awarded $150,000 in grant to 12 innovative startups from East Africa with technologies and innovations that could help in testing, monitoring and managing aspects of the COVID-19 outbreak.
Terry Macharia is a founder and Managing Partner at Secvate Solutions, an information technology startup domiciled in Nairobi Kenya that has since 2018 been offering customized software solutions, cyber security consultancy and data analytics services to MSMEs.
Isaac Muigai is the brains behind Humanum Ratings, a Kenya-based management consultancy startup that advises companies on potential risks and noteworthy strengths that they should focus on in order to fortify organizational culture and boost performance.
Agricultural Solutions Kenya has been working with rural communities and youth in the supply of agricultural machinery, biogas installations and training. It recently started a crowdfunding campaign to make available to farmers seed planters
Cyrus Mulinge is the CEO of Trots Technologies, a Kenyan based mobile commerce platform that allows seamless and uninterrupted interaction between businesses and their audiences.
Nathaniel Ndegwa is the Managing Director of Tipping Point Media, a Kenyan digital marketing startup that has now grown its clientele to 15 countries,, with a bias to SMEs and E-commerce
As more companies and institutions in Africa leverage onthe power of Artificial Intelligence to accelerate growth, Fastagger a Kenyan startup is accelerating AI applications by providing access to high quality data enhanced by human interaction. The company’s CEO and co-founder Mutembei Kariuki explains.
Buyology Co. LLC, is a Kenyan based startup that is assisting companies enhance customer experience through mystery shopping concept and training. It has over 3,500 mystery shoppers who visit clients’ businesses to audit service delivery and report back on their findings.