Estonia's Latitude59 Pitch Competition Invites the Boldest African Startups to Participate
Latitude59 Kenya Edition 2024 will take place on November 28 in Nairobi, Kenya. This will be the second satellite event organized by Latitude59 in Nairobi. Last year’s event, held in December, attracted [...]
Zeno, Founded by ex-Tesla Employee, Raises US$9.5mn for East Africa's e-mobility sector
The growing e-mobility sector in the region may gain a new entrant early next year after Zeno, a startup created by ex-Tesla employee Michael Spencer, received seed funding worth US$9.5 [...]
Global Fintech VertoFX is Simplifying Cross-border Payments to Ease Intra-African Trade
In this interview, The Kenyan Wall Streets Brian Nzomo sits with Kevin Ng'ang'a, VertoFX's Kenya Country Manager on how the fintech is designing solutions for businesses within and outside the [...]Wasoko, MaxAB Finalize Merger Process, Plans to Rebrand
Kenyan e-commerce startup, Wasoko, has completed an all-stock transaction with Egyptian e-commerce firm MaxAB thus paving the way for the much-anticipated merger between the two startups. In line with the [...]Uber Kenya's E-Bike Option Grows in First Year
The electric motorbike option introduced by Uber Kenya one year ago has registered a 94% increase in the number of trips around Nairobi, with the number of e-bikes and riders [...]Investment in African Health Tech Dips by 36% in H1 2024 Report
A healthcare consulting firm, Salient Advisory, has released its semi-annual report highlighting the top 20 innovators in Africa enhancing access of medical services by partnering with 100 manufacturers and 75 [...]Copia iProcure Administrator Plans to Sell Assets of the Defunct Startups
An administrator who had taken charge of two failed startups this year has sought to sell off their assets, which include technological facilities and office furniture possibly to finalize [...]Minka: A Fintech's Story From Latin America to Africa
Minka, a Colombian fintech that recently announced operations in the region, is trying to resolve the complexities of interbank transactions.African Startups in 13 Countries to Lose Greatly after Mercury Bank Announces Closures
Effective 22nd August this year, American digital bank, Mercury Bank will close all business accounts in 37 countries around the world a move that has caused jitters within the [...]Kenyan Climate-tech Bio-Logical Raises US$ 1.3Mn to Support Operations
Carbon-removal startup, Bio-Logical, intends to scale up their biochar production facility to handle 100,000 tonnes of Carbon dioxide over the next one and a half years, after receiving US$ 1.3 [...]Kenyan Startup Uncover Raises US$ 1.4mn For Expansion
Kenyan online marketplace for skincare products, Uncover Skincare, has raised US$ 1.4 million in its second seed round which will facilitate expansion into other markets such as the United States, [...]Nigerian Fintech Africhange Launches in the UK
Payments services provider, Africhange, has launched operations in the United Kingdom seeking to capitalize on the rising demand for a convenient remittances platform in the UK-Nigerian corridor. Africhange’s entry into [...]
