Jumia Halts Operations in South Africa and Tunisia
E-commerce retailer, Jumia Technologies, will double down on its operations and solidify its market in Kenya, Egypt, Morocco, and Nigeria to recover lost revenues incurred by its latest exit from [...]
Yellow Card raises US$33mn in Series C round to fuel expansion
Yellow Card, an African Cryptocurrency startup, has closed its Series C round after raising US$33 million from different investors led by Blockchain Capital. “This fundraise not only demonstrates our resilience, [...]Kenya's Cyber Attacks Rose by 16.5% Between April and June
Between April and June this year, the Kenyan Cyber space recorded more than 1 billion attacks compared to the 971.4 million threats recorded in the preceding quarter. Malware attacks fell [...]Starlink Kenya Subscribers Grow Nearly 2000% in a Year
Satellite data subscription grew by 1,955.3% after the licensing and launch of Starlink Internet Services Kenya in July 2023, a new report by the Communications Authority (CA) shows. Unlike traditional [...]Kenya, Italy to Revive Space Center, Partner on Launches
Kenya and Italy will revive the Luigi Broglio space center in Malindi to launch earth observation satellites, Adolfo Urso, Italy's industry minister said at a press conference on Sunday. The [...]
Former Flutterwave Employee Loses $900K Appeal
Clara Wanjiku Odero, a Kenyan tech founder and CEO of Softbank-backed Credrails, has lost her appeal against Pan African fintech Flutterwave. The Court of Appeal, however, upheld the lower court's [...]Govt Plans to Delete Konza' from Technopolis Authority in New Bill
A new, government sponsored, bill before the National Assembly is seeking to replace Konza Development Authority with Technopolis Development Authority. If the bill becomes law, the Technopolis Development Authority will [...]Safaricom Revives Talks with Starlink as Competition Heats Up
Safaricom PLC has confirmed it is in talks with Elon Musk’s Starlink and other satellite companies, as competition heats up in its home market where it enjoys a dominant position [...]Starlink Introduces Cheaper Mini' Kit in Kenya, Costs KSh 27,000
Satellite internet provider, Starlink, has unveiled the Starlink Mini Kit' which will cost KSh 27,000 (US$30.87) and serve a maximum speed of 100mbps. Safaricom upgraded its speeds as opposed to [...]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 [...]Meta, Facebook, Can Be Sued in Kenya, Court Rules in Moderator Controversy
A civil application by American tech giant, Meta, was recently dismissed in a ruling by the Court of Appeal, affirming the decision of a lower court that the company can [...]Safaricom Increases Internet Speeds, Introduces 1000Mbps Platinum Package
Safaricom has increased internet speeds for existing home and business packages, introducing the new 1000mbps platinum plan at KSh 20,000 per month, according to a statement seen by The Kenyan [...]
