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AA Tackles Forgery with New International Permit Accepted in 150 Countries

The Automobile Association of Kenya (AA Kenya) has officially rolled out a new digital International Driving Permit (IDP), designed to allow Kenyan motorists to navigate roads in over 150 countries without the need for additional local testing. This strategic move...

Startups

Female CEOs in Africa Receive Lowest Proportion of Funding Since 2019, Report Reveals

The gap between male and female entrepreneurs in Africa has reached a startling new low, as fresh data reveals that women-led start-ups are receiving a smaller slice of the investment pie than they were four years ago. In a report...

Tech

Tesla Cybertruck Makes Historic Debut in Kenya During Global Record Attempt

NAIROBI, KENYA — For residents in Nairobi and Utawala, the morning commute took a surreal turn earlier this week. The familiar sights of the Eastern Bypass were briefly eclipsed by the sharp, glinting angles of a Tesla Cybertruck. Consequently, onlookers...

Business

How AI & Messaging Could Transform Safaricom’s M-PESA into Africa’s Super-App in 2026

M-PESA, Kenya’s mobile money service run by Safaricom, already touches the daily lives of millions across East Africa. But the next frontier for M-PESA couldn't just be payments but AI-powered conversational commerce. By combining AI messaging or conversational AI...

Startups

Sanlam Maroc Invests $2.2 Million in Retail Tech Firm Woliz

Sanlam Maroc, a unit of South Africa’s Sanlam insurance and financial services group, said on Tuesday it had taken an equity stake in Woliz, a Moroccan retail technology startup, marking its first venture capital investment. The insurer invested $2.2 million...

Business

PayPal to Launch a Digital Bank in the U.S., Expand Wallet Services to Africa and Globally

PayPal Holdings Inc. is broadening its U.S. banking footprint and expanding digital payment access globally, including Africa, announcing plans to establish a Utah-chartered digital bank and launch a platform connecting major digital wallets worldwide. The proposed PayPal Bank would allow...

Brand Voice

Safaricom Honours Taxi-Hailing Drivers, Bodas During Shangwe @25 Celebrations

Safaricom, in partnership with taxi-hailing companies, has brought together taxi-hailing driver-partners and boda boda riders from across Kenya to empower the mobility workforce and helping them maximise their earnings. The event formed part of the wider Shangwe @25 celebrations, marking...

Startups

Singapore’s bolttech Acquires Kenya’s mTek to Strengthen its Presence in Africa

Singapore's InsurTech bolttech, has acquired Kenya's mTek, a digital insurance platform in a move to advance bolttech’s strategic goals in East Africa and enhances the Group’s global embedded insurance capabilities. As part of this acquisition, mTek’s digital platform and insurance expertise will be leveraged on a global scale,...

Brand Voice

NCBA Ends Year on a High with Johari Awards After KSh 16.4B Profit

NCBA Group has ended the year on a high with Johari Awards after posting KSh 16.4Bn profit after tax, an 8.5% increase year-on-year. The Group's profit before tax stood at KSh 20.5 billion while operating income rose to KSh 53.4 billion,...

Brand Voice

Safaricom’s Shangwe @25 Promotion Crowns Five New Millionaires

Safaricom’s Shangwe @25 nationwide consumer promotion continues to reward customers across the country, with five more Kenyans becoming the latest millionaires. Hannah Ngige from Komarock in Nairobi, Wellington Juma from Kisumu, Taala Chelanga from Elgeyo Marakwet, Elizabeth Wairimu from Thika,...

Brand Voice

Vivo Energy Kenya, Safaricom to Offer Data & Discounts to Cab Drivers

Vivo Energy Kenya, the local Shell fuel stations operator, and Safaricom have launched Bundle Ya Deree, to offer fuel discounts every Saturday, across all Shell outlets countrywide. Shell’s consumer offer brings taxi drivers a blend of premium fuel, convenience and...

Guides

Emerging Markets Mobile Boom: How App-Centric Startups Are Growing in 2025–2026

Mobile usage has changed the way people behave online all over the world in the last decade. However, in 2025–2026, emerging markets are going through a shift of their own that is faster, more dynamic, and more impactful than...

Startups

FSD Africa Launches $30 Million Inclusive Insurtech Fund

FSD Africa has launched a new $30 million fund to invest in the insurtech sector, accelerate insurance innovation and close the continent’s protection gap. The Inclusive Insurtech Investment Fund (3iF), is targeting early-stage insurtech startups that expand insurance access, affordability,...

Business

NCBA Group Q3 profit rises 8.5% as digital lending hits KES 1 trillion

Kenya’s NCBA Group reported an 8.5% rise in profit after tax to KES 16.4 billion ($106 million) for the nine months to September, supported by higher operating income and continued growth in its regional and non-banking units. Profit before tax...

Business

Safaricom Launches Daraja 3.0 as M-PESA Transactions Surpass 100 Million Per Day

Safaricom PLC said on Tuesday that its newly upgraded API platform, Daraja 3.0, is poised to drive the next phase of digital innovation across Kenya, as M-PESA daily transactions exceed 100 million and API usage continues to rise across...

Guides

What Happens to Your M-PESA Money When You Die

Do you any idea what will happen to your M-PESA account when you die? In Kenya and across the world, banks, SACCOs, insurance, and investment accounts usually have a process on account claims after someone dies as they require...

Business

How M-PESA in Kenya is Different From M-PESA in Ethiopia

M-PESA is now 18 years old since it was launched in Kenya in 2007 to solve one of the country's biggest challenge at the time, peer-to-peer, money transfer. In Ethiopia, however, the story is different, even though the two countries...

Startups

IFC Invests $6M into First Circle Capital to Fuel Growth of Fintech Startups in Africa

IFC has invested $6 million into First Circle Capital, an early-stage venture fund based in Africa, to invest into high-potential fintech startups across Africa. IFC invested $6 million including $2 million from the Women Entrepreneurs Finance Initiative (We-Fi) into the...

Startups

After Building a Digitally Integrated Clinic Network, Rivia Now Wants to Scale “Health Access”

Rivia launched in Ghana in 2024 with a simple goal: make healthcare accessible, enjoyable, and patient-centered. To do that, the company partnered with existing clinics, upgraded their physical infrastructure, trained their staff, and embedded Rivia's own clinic management software (RiviaOS)...

Startups

Angola’s Anda Secures $3.2 Million Seed Round in Landmark Venture Funding Deal

Anda, an Angolan mobility startup has raised $3.2 million in seed funding, in a landmark deal for Africa’s tech and mobility sectors. The $3.2 million was co-led by France’s Breega and Austria’s Speedinvest, alongside U.S., Japanese, and other European investors...

Startups

PAYDAY, Tunisian Fintech Raises Pre-Seed Financing at $3 Million Valuation For Expansion

PAYDAY, a Tunisian fintech and insurtech startup, has raised its first pre-seed financing round at a $3 million valuation. The round was led by UGFS North Africa (United Gulf Financial Services), with participation from TALYS Group and BioProtection SA. According to...

Startups

Chari Raises $12m, Obtains License from Morocco’s Central Bank

Chari, Morocco's YC-backed startup, has raised $12M Series A round, in a move that will see it transform its e-commerce platform into a merchant super app allowing merchants to accept digital payments, check balances, pay suppliers, transfer money, and...

Startups

Jahazii Raises $400K to Disrupt Payday Loans for Africa’s Workforce

Kenyan fintech startup Jahazii has raised $400,000 in equity, debt, and grants to redefine how Africa’s workers access and manage their finances. The pre-seed round drew participation from Antler East Africa, DEG Impulse, Jozi Angels, Innovest Afrika, and a...

Startups

Safaricom Spark Accelerator Unveils 10 Startups for its Second Cohort

Safaricom has selected 10 startups as finalists for the second cohort of the Spark Accelerator Program, chosen from a competitive pool of more than 200 applicants. The telco says the selected startups – Mediakits.Io, WePlay Arcade, GoPay, FlexPay, QuePay, Leta.AI, Oye,...

Startups

OKO Secures a Six-Digit Round to Scale Climate Resilience in Africa

OKO, a ClimateTech and AgriTech startup providing climate insurance for agricultural value chains in Africa, has secured a six-digit funding round led by Catalyst Fund, with participation from two existing investors. This new capital will accelerate OKO’s commercial growth -...

Startups

Oncount Raises $1.5M to Launch AI Accounting Platform for SMBs in the UAE

Oncount, a Dubai-based accounting tech startup, has secured $1.5M in seed funding to accelerate the development and launch of Oncount's proprietary AI-driven accounting platform. The investment, led by tech entrepreneur Sergey Panov, will help Oncount transform how SMBs manage their...

Startups

Accion Raises $61.6M | Launches Accion Ventures for Fintech Startups

Accion has announced the final close of a $61.6 million fund for its Accion Venture Lab Fund II and rebranded from Accion Venture Lab to Accion Ventures to invest in early-stage tech startups across Africa, South and Southeast Asia,...

Startups

Nigeria’s Babban Gona Raises $7.5M from British International Investment to Boost Food Security

Nigerian agri-tech platform, Babban Gona, has received $7.5 to boost food security and climate resilience for smallholder farmers in Northern Nigeria. The debt investment was from British International Investment (BII), the UK’s development finance institution and impact investor, to help Babban...

Climate Change

BFA Global, FSD Africa, ClimateWorks & FCDO Nigeria to Inject $1.1 Million into 12 Climate Startups

BFA Global, FSD Africa, ClimateWorks Foundation, and the UK's Foreign, Commonwealth & Development Office (FCDO) Nigeria are committing $1.1 million into 12 startups developing solutions to protect communities from chronic heat waves. Dubbed TECA Heat Action Wave (THAW), the new...

Startups

WheelsOn Raises $12.5M to Disrupt the UAE’s Traditional Car Rentals

WheelsOn, the UAE’s mobile-first car rental platform, has closed a $12.5 million funding round to expand WheelsOn’s fleet, speed up product development, and grow its market presence. The funding included $2.2 million in equity from a group of MENA-focused private investors,...

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