French Fund Backs Kenya’s ARC Ride in US$10mn Bet on Electric Bodas
Sustainable investment firm, Mirova, has committed up to US$10 million five-year debt funding to ARC Ride, a Nairobi-based electric mobility startup, marking the French asset manager’s first electric vehicle deal [...]
Kenyan Startups Lead in East Africa as VC Funding Rebounds
Nairobi and Johannesburg are pulling ahead in Africa’s venture capital race, with Kenyan solar startups and South Africa’s fintechs attracting the bulk of fresh capital this year. “Looking at the [...]VENTURE WARS Launches Kenya's First High-Stakes Startup Championship with AI-Powered Ventures Competing for Investment Glory
VENTURE WARS, Kenya's most ambitious startup competition, will host its inaugural championship event on Wednesday, August 20, 2025, featuring ten cutting-edge technology companies competing in a sudden-death elimination format for [...]
HoneyCoin Raises US$4.9 Million Seed Round To Scale Stablecoin Payments Across Africa
HoneyCoin, a Nairobi-based fintech startup, has secured US$4.9 million in a seed funding round led by Flourish Ventures, with participation from Visa Ventures, TLcom Capital, and other global and regional [...]The Best Founders Stay Rooted in the Problem-Kristin H. Wilson, Managing Partner at Innovate Africa Fund
Startups in Africa raised US$1.4 billion in the first half of 2025, a sharp 78% rise compared to the same period last year, marking a tentative recovery from the funding [...]
Startup Funding in Africa Rebounds to US$1.4bn as Investor Optimism Recovers
German Pharmaceutical Company Backs Two Kenyan Health Startups
Boehringer Ingelheim, a German pharmaceutical company, has expanded its Social Engagement Fund portfolio with new investments in Kasha Global and Reach52, two fast-growing Kenyan health startups focused on solving some [...]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 [...]
