Startups
HustleSasa Raises Funding From Impacc to Expand Africa’s Creator Economy
Kenyan creator-commerce platform HustleSasa has raised fresh funding from African impact investor Impacc, which is leading the company’s latest financing round as it expands its event-ticketing and commerce platform...
Business
AXIAN, African Development Bank Target 34,000 Women-Led Businesses With Digital Finance
AXIAN Group and the African Development Bank are launching a program to provide digital finance and business support to more than 34,000 women-led enterprises in five African countries, targeting...
Business
Safaricom Ethiopia Passes 15 Million Subscribers, Nears Break-Even Five Years After License
Safaricom Ethiopia has surpassed 15 million active subscribers, a milestone that underscores the rapid growth of Ethiopia's second telecom operator as it edges closer to profitability less than four...
CEO Weekends
CEO Weekends: Joseph Ongachi of JentaHub on Connecting African Professionals to Opportunities Globally
JentaHub is a verified talent marketplace that connects businesses around the world with verified African professionals. The firm's mission is to give qualified African professionals greater access to international...
Startups
HustleSasa Raises Funding From Impacc to Expand Africa’s Creator Economy
Kenyan creator-commerce platform HustleSasa has raised fresh funding from African impact investor Impacc, which is leading the company’s latest financing round as it expands its event-ticketing and commerce platform across Africa.The...
Business
Mastercard, Flowcart Launch WhatsApp Payments to Power Social Commerce in Kenya
Mastercard and Flowcart have launched chat-to-pay offerings to allow secure, seamless card payments directly within social and conversational commerce journeys.Initially launching in Kenya,...
Business
Uber’s Exit From Nigeria and Uganda Tests the Economics of Ride-Hailing
Uber last week announced it had withdrawn from Nigeria and Uganda with immediate effect creating an illusion that it was giving more room to...
Startups
HustleSasa Raises Funding From Impacc to Expand Africa’s Creator Economy
Kenyan creator-commerce platform HustleSasa has raised fresh funding from African impact investor Impacc, which is leading the company’s latest financing round as it expands...
Energy
IFC Proposes $40 Million Camco Fund Investment to Boost Renewable Energy in Africa
The International Finance Corporation (IFC) has proposed to invest $40 million in Camco Renewable Energy Performance Platform 2 (REPP 2), a private debt...
Guides
How Fintech and Mobile Money Are Transforming Online Betting inEast Africa
East Africa has become one of the world's most exciting frontiers for fintech innovation. From M-PESA's invention in Kenya over fifteenyears ago to the...
Guides
How Virtual Gaming Became Africa’s Fastest Growing Digital Entertainment Sector
I've been tracking Africa's digital entertainment evolution for 18 years, and the transformation still catches me off guard. Back in 2007, I remember trying...
iGaming AFRIKA Summit Opens in Nairobi with Focus on Regulation, Taxation & Growth
The inaugural iGaming AFRIKA Summit opened in Nairobi on Monday, bringing together regulators, operators, investors and technology firms to discuss the future of Africa’s...
The Trust Economy: Why the Data Protection Act is the New SME Gold Standard
By Veerakumar Natarajan, Country Head, Zoho KenyaSix years ago, Kenya enacted the Data Protection Act (DPA), becoming the first East African country to establish...
Safaricom’s Daraja 3.0 Platform Speeds Up API Integration for Kenyan Businesses
Faster integration of payment systems is emerging as a competitive advantage for businesses operating in Kenya’s digital economy.Developers say improvements introduced under Safaricom’s Daraja...
Safaricom Shangwe @25 Promotion Concludes | Creates 25 Millionaires
 Safaricom has unveiled the final five winners of KES 1 million in its Shangwe @25 nationwide consumer promotion, bringing the total number of new...
How Buying Data on M-PESA Opened New Doors for Sheila
Sheila Cheptoo, a 25-year-old poultry farmer in the quiet village of Masare, in Bomet County, rises early before sunrise. The soft rustling of her 132...
HustleSasa Raises Funding From Impacc to Expand Africa’s Creator Economy
Kenyan creator-commerce platform HustleSasa has raised fresh funding from African impact investor Impacc, which is leading the company’s latest financing round as it expands its event-ticketing and commerce platform across Africa.The amount was not disclosed.Impacc said it has become a shareholder in HustleSasa and...
Binance Surpasses $1 Billion in Assets Under Management for Stock Trading Within 30 Days
Binance announced that its stock-trading platform has surpassed $1 billion in assets under management (AUM) within 30 days of launch, marking a milestone for...
Binance Commits $250,000 to Support Ebola Response in Uganda and DRC
Binance has pledged $250,000 in emergency humanitarian funding to support frontline efforts responding to an ongoing Ebola outbreak in the Democratic Republic of Congo...
Binance Marks Africa Month With Push for Digital Inclusion Across Continent
Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain...
Hamilton Labs Secures AXIAN Backing to Expand Digital Dollar Access in Africa
Hamilton Labs has secured an undisclosed strategic investment from AXIAN Investment to accelerate the rollout of its dollar-pegged stablecoin across Africa, the companies said.The...
Nedbank Partners with Crypto.com to Explore Blockchain Payments Across Africa
Nedbank Group said on Thursday it had entered a strategic partnership with Crypto.com to explore blockchain-based payment, settlement and liquidity solutions across Africa, in...
CEO Weekends: Joseph Ongachi of JentaHub on Connecting African Professionals to Opportunities Globally
JentaHub is a verified talent marketplace that connects businesses around the world with verified African professionals. The firm's mission is to give qualified African professionals greater access to international opportunities offered by global businesses, clients, and NGOs.JentaHub says despite the existence of platforms...
Business
AXIAN, African Development Bank Target 34,000 Women-Led Businesses With Digital Finance
AXIAN Group and the African Development Bank are launching a program to provide digital finance and business support to more than 34,000 women-led enterprises in five African countries, targeting...
AI
Microsoft Names Angela Nganga East Africa Country Lead as AI Push Accelerates
Microsoft has appointed Angela Nganga as its Country Lead for East Africa, putting an experienced regional executive at the helm as the technology giant expands its focus on artificial...