Kenyan startup - Octavia - raises $5 million to combat climate change
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Kenyan startup, Octavia Carbon, has secured a $5 million seed funding round to revolutionize carbon dioxide removal from the atmosphere. This innovative…
Kenya launches AI hub to revolutionize african public services
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Kenya has unveiled the Africa Centre of Competence for Digital and Artificial Intelligence (AI) Skilling. This innovative hub, established through a partnership…
Nigerian fintech - Risevest - expands into Kenya with Hisa acquisition
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Nigerian investment platform, Risevest, has acquired Kenyan startup, Hisa. The deal, which was approved by Kenya’s Capital Markets Authority, makes it Risevest’s…
African tech giants - Wasoko and MaxAB - complete landmark merger
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Wasoko, a Kenyan-based e-commerce company, and Egypt’s MaxAB have finally sealed their much-anticipated merger. This merger, which was first announced in December…
Kenyan HR Tech startup - Workpay - secures $5m investment
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Workpay, a Kenyan cloud-based HR and payroll platform, has raised $5 million in its Series A funding round. The round was led…
D.light secures $176m to boost solar energy access in East Africa
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d.light, a global provider of affordable solar solutions, has announced a new $176 million securitization facility. This funding, backed by social impact-focused…
Kenyan ride-hailing drivers begin strike; demand better pay
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Thousands of e-hailing drivers have taken to the streets of Nairobi, Kenya’s capital, in a five-day strike that began on Monday. The…
Polish drone maker to establish African manufacturing hub in Kenya
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Polish unmanned aerial vehicle (UAV) manufacturer, Farada Group, has received regulatory approval to set up a drone production facility at the Konza…
Flutterwave crowned 'Fintech of the Year' at the prestigious African Banker Awards
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In recognition of its impact across the African fintech landscape, Nigerian unicorn, Flutterwave, has been named ‘Fintech of the Year’ at the…