Roam Launches New Electric Motorcycle Financing Program with Over 600 Units
Electric mobility company, Roam, has launched a large-scale financing program for electric motorcycles in partnership with microfinance provider Fortune Credit; an initiative that will begin with the deployment of more [...]
KSh 17.7 Bn UK Fund Targets 500 Kenyan Startups
The United Kingdom (UK) will channel KSh 17.7 billion into Kenya’s innovation landscape, including startups and SMEs, as part of the renewed Strategic Partnership 2025–2030 signed by Kenya's President William [...]Crypto Startups Warn Virtual Assets Bill Favors Industry Giants, Risks Conflict Of Interest
Some crypto startups are raising red flags over the Virtual Asset Service Providers (VASP) Bill, warning that a Binance-linked lobby group could seize control of a proposed regulatory body, tilting [...]Google Picks Two Kenyan Startups for AI-Focused Accelerator
Global tech giant Google has selected 15 startups from across Africa for the ninth cohort of its ‘Google for Startups Accelerator: Africa program’, with two Kenyan startups, Apexloads and Shamba [...]Kenyan Used Car Marketplace Peach Cars Secures US$11 Million Series A Funding
Kenyan-based used car marketplace Peach Cars has raised US$11 million in a Series A funding round, as it accelerates efforts to digitize and formalize vehicle transactions across East Africa. “We’re [...]Seed Funding Was Supposed to Unlock Scale. It Built a Waiting Room Instead
Clogged pipes cannot carry any water, and the seed-to-series funding market is full of what few people are buying, despite the increase in local growth-stage funds. We have an interesting [...]
Kenyan Startup Solar Panda Acquires Zambian Solar Firm In Expansion Move
Solar Panda, a Kenyan provider of solar energy solutions for off-grid communities, has acquired Vitalite Zambia Limited, marking its entry into Southern Africa and its third active market on the [...]Private Equity Firm Silverbacks Exits Nigerian Startup Omniretail With Fivefold Returns
Just a month after exiting Nigerian fintech Lemfi at a 29x return, Silverbacks Holdings — a Mauritius-based private investment firm — has completed a partial divestment from Lagos-based startup Omniretail, [...]Kisumu Climate Tech Startup Tera Garners Approval to Sell Carbon Credits
Tera, a climate technology firm based in Kisumu, has become the first African project developer to receive independent validation on the ‘Riverse’ carbon registry, enabling the company to begin issuing [...]Conduit Raises US$36mn, Eyes Asia After Rapid Growth in Africa and Latin America
Stablecoin payments infrastructure provider Conduit has raised US$36 million in a Series A funding round led by Dragonfly Capital, signaling a major acceleration in the firm’s global growth ambitions following [...]EV Startup ARC Ride Secures US$5mn to Accelerate Electric Boda Rollout
Electric mobility startup ARC Ride has raised US$5 million in new financing to deploy 5,000 electric two-wheelers and expand its battery swapping infrastructure, marking a major step toward sustainable transportation [...]Kenya Cracks Global Top 60 in Startup Rankings, Driven by Nairobi Surge and Policy Shifts
Kenya’s startups ecosystem ranked 58th worldwide in the latest report by Startup Blink, outpacing all other African countries except South Africa, climbing back to second place after holding the third [...]
