Bolt partners M-Kopa to rev up electric motorcycle revolution in Kenya
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Ride-hailing company, Bolt, has partnered with M-KOPA, Roam Electric, and Ampersand to introduce a fleet of electric motorcycles in Kenya. This initiative…
Kenyan Insurtech - Pula - raises $20m to expand farmer insurance across Africa
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Pula, a Kenyan insurtech startup, has secured $20 million in Series B funding to scale its innovative offerings to more smallholder farmers….
Kenyan electric bus maker - BasiGo - raises $3m to push expansion in East Africa
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BasiGo, a pioneering electric mobility startup based in Kenya, has secured $3 million in equity funding from French multinational CFAO Group. The…
Flutterwave COO Bows Out Barely Four Months After The Exit Of Three Finance Executives
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After a notable stint at Flutterwave, Bode Abifarin, the company’s Chief Operating Officer (COO), has announced her resignation, marking the departure of…
FairMoney in talks to acquire Umba in $20M all-stock deal
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FairMoney, a Paris-based digital bank operating in Nigeria, is engaged in early discussions to fully acquire fintech startup, Umba, in an all-stock…
Ilara Health secures $4.2m in funding to expand healthcare access in Kenya
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Ilara Health, a Kenyan healthtech startup, has raised $4.2 million in its pre-Series A funding round. The funding, according to the startup,…
African E-commerce rivals - Wasoko and MaxAB - announce merger
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Two leading African e-commerce companies, Wasoko and MaxAB, have agreed to a landmark merger deal aiming to form the largest digital retail…
Understanding the Dynamics: Why Africa's Largest GDP Markets Garner More Investment
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Investment trends across African markets often highlight a notable phenomenon: countries with larger Gross Domestic Products (GDPs), namely Nigeria, Kenya, Egypt, and…
Kenyan Startup -Sukhiba Connect - Raises $1.5 Million for WhatsApp-based E-commerce Expansion in Africa
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Sukhiba Connect, a Kenyan social commerce startup, has secured $1.5 million in a funding round to drive its expansion beyond Kenya’s borders….