HMD Global launches Nokia 2.3 & Nokia C1 in Kenya
HMD Global, the home of Nokia phones, has today announced the availability of the Nokia C1 and Nokia 2.3 in Kenya, a week after the global launch held in Cairo on...
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Thursday, December 12, 2019
Jumia Kenya is downsizing| Starts banner advertising to bolster revenues
Jumia Kenya is downsizing, just weeks after it announced the closure of its e-tail site in Tanzania and weeks after it did the same in Cameroon. Jumia Kenya MD Sam...
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Kenya’s Portable Voices signs a podcast distribution & production deal with pan-African counterpart Afripods
Portable Voices, a Kenyan audio production and podcast start-up has announced a podcast production and distribution partnership with Afripods, a Nairobi-based pan-African platform for podcasters. The deal will see Afripods...
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Code Mashinani wants to be an Andela for kids between 7 and 18 years
Code Mashinani, is an education startup teaching digital fluency (computational thinking) through coding, robotics and game development to kids between 7 and 18 years in Kenya. Code Mashinani is coined...
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Taffuta directory app wants to connect SMEs to their customers directly
Taffuta app, a new business directory aims to allow individuals and small businesses to connect directly to increase their sales leads and serve their customers in Kenya. Taffuta, which is...
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SafeBoda finally launches in Nigeria to take on Max, GoKada, ORide
SafeBoda, a popular ride-hailing platform founded in East Africa has launched in Ibadan, Nigeria, a year after it launched in Nairobi, Kenya, making Nigeria its third African market after it...
Read moreJumia closes shop in Tanzania, after Cameroon, to focus on mature African markets
Jumia, an 'Amazon' for Africa has closed its e-commerce operations in Tanzania, after a similar move in Cameroon, raising questions on the future of the firm known for rapid expansion....
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Sinapis awards two Kenyan startups Ksh 2 million from annual its business plan competition
Sinapis has awarded Ksh 2 million to two entrepreneurs during their annual business plan competition held in Nairobi. The two, Boaz Katah, the founder of Tumoi Tea (www.tumoiteas.co.ke), a specialty...
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Waste to Value Accelerator to inject $100K into startups in East Africa
Waste to Value Accelerator, an initiative of BESTSELLER FOUNDATION and Intellecap are set to inject $100K into African startups in a move to help manage waste due to rapid ubarnisation...
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Showmax launches mobile plans with 50% price points in Kenya, Nigeria & SA
Showmax, a Naspers' owned subscription video-on-demand service has launched mobile-only plans targeting users in Kenya, Nigeria and South Africa aimed at increasing Africa’s access to Video on Demand. Showmax’s new...
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Samasource Raises $14.8M Series A , Launches a Delivery Center in Kampala
Samasource, a Nairobi and San Francisco-based AI training provider, has raised $14.8M million Series A funding round to scale its engineering, sales and marketing efforts. The firm has also opened an AI Development...
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Lynk’s new website makes it easy to book reliable household services online.
Lynk has revamped its website to make it easy for blue-collar professionals to easily find reliable and quality jobs online and connect with households and businesses in Nairobi needing their...
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Nigeria’s LifeBank Wins $250,000 from Jack Ma’s Africa Netpreneur Prize 2019
Nigeria's LifeBank was last night declared winner of the Jack Ma Foundation Africa Netpreneur Prize Initiative (ANPI) prize taking home $250,000 beating nine other finalists in the inaugural pitch competition....
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Twiga Foods Raises $30M From Goldman Sachs to Digitize Food Distribution
Twiga Foods, the Kenyan B2B food distribution company, has raised $30 million to digitize food distribution in Kenya. Twiga Foods raised 23.75 million in Series B equity round led by...
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With over $170m war chest, Nigeria’s Cars45 launches in Kenya
Cars45, a Nigerian automotive trading platform operated by Frontier Car Group, which raised $22m from EchoVC in 2017, $58m in May 2018 and $89m in the same month from Naspers,...
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Nigeria’s Carbon opens its financial services API to businesses across Africa
Carbon, Nigeria’s digital financial services firm, has opened up its API, to provide technology and services to startups, SMEs and FinTechs to help them build and scale their businesses. According...
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Tingg, Africa’s first payments super app unveiled in 8 countries by Cellulant
Tingg’s all-in-one payment model seeks to revolutionize the way consumers interact with payment services in the region Cellulant, Africa’s leading financial technology company recently rebranded their Mula app to Tingg,...
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How Sage wants to help organizations build & maintain a skilled workforce of the future
As the world enters the fourth industrial revolution, employers are finding it hard to either find the right talent or retain it. This is because automation, digital platforms, and other...
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Cellulant’s Mula rebrands to Tingg; Launches Africa’s first payments Super App
Cellulant, the pan-African payments firm has been quietly building a payments super app to bring bill payments, remittances, lending, group investments, food and gas orders in one app in its...
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Andela to potentially let go 420 junior engineers & staff to focus on senior engineering talent
Andela, the Venture-backed firm that builds distributed engineering teams with Africa’s top software engineers, is set to potentially let go of approximately 420 junior engineers and staff to deliver stronger...
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kwik Delivery releases its API to Merchants & Businesses in Lagos
kwik Delivery, an on-demand delivery platform focusing on the B2B and B2B2C market has released its Application Programming Interface (API) to merchants and businesses in Lagos to help them seamlessly...
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Cellulant Receives Africa Business Continuity Institute’s Award for its Resilience
Cellulant, a pan-African payments firm last evening received the most effective recovery of the year 2019 award from Africa’s Business Continuity Institute Awards (BCI) in Johannesburg, South Africa. Cellulant received...
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HotelOnline to merge operations with Key Butler, a Norwegian traveltech startup
HotelOnline and Key Butler have agreed to merge their Norwegian entities in a European market consolidation move. Key Butler and HotelOnline merger will form Stay Plus and will target the...
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Spring Fellowship Accelerator selects 4 startups for its inaugural program
Spring Fellowship Accelerator, powered by Kinaya Ventures has selected four startups into the inaugural accelerator to be held in Abidjan, Côte d’Ivoire. The inaugural cohort is an assembly of talented...
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Kenya’s MODE acquired by Singapore’s TransferTo (DT One) to bolster its global mobile top-up solutions
MoDE, Mobile Decisioning, a Kenyan mobile value-added services firm providing airtime credit to mobile network operators in emerging nations has been acquired by Singapore's TransferTo, which rebranded recently to DT...
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Accion Venture Lab Launches New $23M Fund for Fintech Startups
Accion has announced that its seed-stage investment arm Accion Venture Lab is adding $33M to its initial capital pool, with the launch of a new $23M fund and an additional, separate $10M investment from Accion. The...
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Telkom Kenya blames Safaricom for derailing merger with Airtel
Telkom Kenya Limited and Airtel Networks Kenya Limited, announced, on February 8, 2019, an intention to merge their businesses in Kenya and become a force to reckon with. The two...
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PEG Africa raises $5m from ElectriFI for West Africa expansion
PEG Africa, a pay-as-you-go (PAYG) solar firm with operations in Senegal, Ghana and Ivory Coast, has raised $5 million from ElectriFI to continue rapid growth in existing markets. The funding...
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Updated: Kenya’s MPost reaches 40,000 users, raises $100,000 to fuel growth
Kenya's MPost, an application that converts your phone to a mobile post office has revealed it raised $100,000 from Leapfrog Ventures founder and CEO Takuma Terakubo last year to enable...
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SympliFi launches remittance alternative platform for users in Zimbabwe, Nigeria & Tanzania
SympliFi, a U.K.-based fintech has launched a diaspora guaranteed loan service to enable residents in the diaspora fund entrepreneurship, education, savings and healthcare of their friends and family in Africa...
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