Startups
Biochar Industrial Group Raises $1.5 Million to Turn African Farm Waste Into Carbon Credits
Biochar Industrial Group has raised $1.5 million in pre-seed funding to expand a business that converts agricultural waste from African food processors into biochar and carbon-removal credits.The round was...
Tech
Kenya Mobile Subscriptions Hit 88 Million as Smartphones Reshape Digital Economy
Kenya’s active mobile subscriptions climbed to almost 88 million by the end of June, exceeding the country’s population as individuals and businesses maintain multiple SIM cards across different networks...
MENA Edition
Breadfast Enters Egypt’s Restaurant Delivery Market as It Expands Beyond Groceries
Breadfast has entered Egypt’s restaurant-delivery market with the launch of Breadfast Food, extending the company beyond groceries as it seeks to capture more of consumers’ everyday spending through a...
MENA Edition
Egypt’s Zeal Raises $10 Million to Expand to 4 Million Payment Terminals
Payments technology company Zeal has raised $10 million in a funding round that will finance a global expansion across more than 4 million payment terminals under contracts signed with...
Startups
Biochar Industrial Group Raises $1.5 Million to Turn African Farm Waste Into Carbon Credits
Biochar Industrial Group has raised $1.5 million in pre-seed funding to expand a business that converts agricultural waste from African food processors into biochar and carbon-removal credits.The round was led by...
Business
Kenya Court Overturns $1.6bn Vodacom Purchase of Safaricom Stake
Kenya’s High Court has ordered the reversal of Vodacom’s $1.6bn purchase of a 15 per cent stake in Safaricom, dealing a major blow to...
Business
Stanbic Bank Kenya Names Michael Mutiga CEO as Profit Rises
Stanbic Bank Kenya appointed Michael Mutiga as chief executive officer after receiving regulatory approval, putting a veteran investment banker and former Safaricom executive in...
Tech
Kenya Mobile Subscriptions Hit 88 Million as Smartphones Reshape Digital Economy
Kenya’s active mobile subscriptions climbed to almost 88 million by the end of June, exceeding the country’s population as individuals and businesses maintain multiple...
Tech
TikTok Asks Kenyan Creators for Tax Details as Deadline Looms
TikTok has begun asking Kenyan content creators to submit tax-residency and personal information as the platform prepares to comply with Kenya’s withholding-tax requirements...
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...
Biochar Industrial Group Raises $1.5 Million to Turn African Farm Waste Into Carbon Credits
Biochar Industrial Group has raised $1.5 million in pre-seed funding to expand a business that converts agricultural waste from African food processors into biochar and carbon-removal credits.The round was led by BREEGA, with participation from Catalyst Fund, while Mulago Foundation provided non-dilutive funding, the...
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...
Startups
Mamor Capital Raises $18.8 Million First Close for South Africa Tech Fund
Mamor Capital has secured R300 million ($18.8 million) in the first close of its debut venture capital fund, giving the black women-owned investment firm capital to begin backing post-revenue...
AI
Power Learn Project Trains 1,700 Youth in Kenya AI, Cloud Skills
Power Learn Project is training 1,700 young people from refugee and host communities in Kenya’s Garissa and Turkana counties in artificial intelligence, cloud computing and data analytics, as technology...