Seven Female Founders Selected for Mastercard EdTech Fellowship
Seven female founders are among the twelve innovators selected for the third cohort of the Mastercard Foundation EdTech Fellowship. “The solutions of these startups are shaping the future of learning [...]
Roam, M-KOPA Ranked Among Fastest Growing African Companies
Kenya still dominates East Africa’s race for corporate growth, with a cluster of high-performing companies and startups pinning themselves on the chart of entrepreneurial dynamism and private sector resilience. Roam, [...]DigiTax Wins at The Next Stage Startup Pitch Competition
NAIROBI, APRIL 4TH, 2025: On April 4th, ten of East Africa’s most promising early-stage startups took center stage at The Next Stage, a high-stakes pitch competition and showcase held in Nairobi. [...]
Kenyan Startup Chpter Spins off its WhatsApp API Suite into Standalone Business
Kenyan social commerce startup ‘Chpter’ has spun off Pluto, its WhatsApp API suite, into a standalone subsidiary, marking a strategic shift as businesses increasingly rely on messaging apps for sales [...]Uganda Seeks to Exempt Local Startups from Taxes for First Three Years
Uganda's government has proposed to exempt local startups from taxes for the first three years of operations. Similar to other developing countries, small and medium-sized enterprises are the lifeblood of [...]
Lipa Later Shuts Down
Lipa Later, a fintech that offers consumer credit and e-commerce solutions for merchants, has been placed under administration two years after it acquired struggling e-commerce platform Sky.Garden for US$1.6 million. This capital [...]Alibaba Partners with Nigerian Logistics Firm Kwik, to Offer Special Rates
Ecommerce giant Alibaba has partnered with Nigerian digital platform for logistics services Kwik to support Nigerian exporters with access and special rates. “We are excited to partner with Kwik by [...]New Program to Unlock Capital and Market Entry for African Founders
Chanzo Capital, a venture and growth capital firm, has launched a program to help African entrepreneurs access finance and scale their businesses across the continent. Startup investing is about helping [...]
Marketforce Ordered to Pay Staff KSh 2.1 mn after Redundancy
Collapsed startup Marketforce Technologies has been ordered to pay one of its former product managers over KSh 2 million for not following procedure in declaring him redundant. “There was also [...]Former Employee Withdraws Case Against iProcure Amid Insolvency Dispute
An ex-employee of iProcure Limited has withdrawn a lawsuit against the Kenyan agricultural supply chain startup—currently under administration due to financial difficulties. However, Muthusi opposed the request by asserting that [...]Kenyan Startup, Leta, Raises US$5 Million to Tackle Africa’s Costly Logistics
Kenyan logistics technology startup—Leta—has secured US$5 million in seed funding to expand its platform aimed at reducing supply chain costs across Africa, a continent where businesses pay up to four [...]Equator VC Raises US$55mn to Finance African Climate Tech Startups
Venture capital firm—Equator—has closed a US$55 million fund aimed at financing early-stage climate tech startups in Africa, a sector that has long struggled to attract private capital. “We are needed [...]
