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Saturday, June 27, 2026

Daily Archives: Jun 27, 2026

Ronald Bwire

Africa Jobs Fund Targets $100 Million Raise to Unlock $50 Billion...

A new philanthropic investment vehicle led by Wasoko founder Daniel Yu is seeking to mobilize $100 million to tackle one of Africa’s most persistent challenges: the shortage of high-productivity jobs. The Africa Jobs Fund (AJF), launched Wednesday and housed under Renaissance Philanthropy, will channel capital into companies operating in export...
Ronald Bwire

NALA Secures $50 Million Facility to Scale Global Stablecoin Payments Infrastructure

NALA, the cross-border payments fintech, has secured a $50 million financing facility from Liquidity and MUFG-backed Mars Growth Capital, as it accelerates the expansion of its global stablecoin-powered payments infrastructure. The funding comes amid rising demand for faster, lower-cost, and compliant international money movement across key corridors spanning the United...
Ronald Bwire

Kenya Expands Jitume Digital Hubs to Boost Youth Jobs in Bungoma

Kenya is scaling up its push to create digital jobs at the grassroots, with eight Jitume Digital Hubs now operational in Bungoma County as part of a nationwide effort to equip young people with online work skills and income opportunities. The hubs, set up under the government’s Jitume Digital Enablement...