Lagos-based credit agency company - Indicina - raises $3 million to boost its African expansion
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Indicina, a digital lending platform that uses real-time consumer data to help businesses make better credit decisions, has completed its seed funding…
Kenyan aquaculture startup - Victory Farms - raises $5 million to push its expansion across East African countries
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Victory Farms, an aquaculture startup based in Kenya, has completed its fundraising round, closing the round with $5 million. The startup, which…
Kenyan-based Bamba raises $3.2 million to further develop its infrastructure
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Kenyan-based mobile-first enterprise software startup, Bamba, has raised $3.2 million in its seed funding round. The company, which is currently in stealth…
Former employee sues Meta in Kenya over exploitation and poor working conditions
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Facebook’s parents company, Meta, has been sued in Kenya. The lawsuit was filed by a former Facebook moderator, who alleged that the…
Social commerce startup - Tushop - eyes Kenyan expansion; raises $3m pre-seed funding
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Kenyan-based social commerce startup, Tushop, has completed its pre-seed funding round, raising $3 million from a long list of investors. The startup,…
Kenya's 4G Capital to create improved loan facility for SMEs after closing $18.5m Series C funding round
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Fintech company, 4G Capital, is renowned for providing credit facilities to small and micro businesses. The startup, which is based in Kenya,…
Kenyan Startup - CashBackApp - Raises US$475k in Pre-seed Round
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CashBackApp, a Kenyan-based e-commerce startup, has raised $475,000 in its pre-seed funding round. The funds, according to the startup, would be expended…
Kenya AI startup KOSA.ai raises pre-seed round
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EchoVC announced its recent investment in Kosa.ai, an artificial intelligence startup that offers an automated responsible AI platform to support enterprises that…
Kenyan AI-driven Influencer Marketing Platform - AIfluence - Raises US$1m in Seed Funding Round
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Kenyan-based influencer marketing startup, AIfluence, has successfully raised US$1m in its seed funding round. The ad-tech startup disclosed that it would use…