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​Cellulant Names Peter O’Toole as Acting CEO Following Akshay Grover’s Surprise Exit

  • Blessed Frank

Blessed Frank

Jan 5, 2024 • 2 min read
​Cellulant Names Peter O’Toole as Acting CEO Following Akshay Grover’s Surprise Exit

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BuuPass Raises New Funding from Yango Ventures for Africa Expansion

BuuPass Raises New Funding from Yango Ventures for Africa Expansion

Kenyan mobility startup BuuPass has received a strategic investment from Yango Ventures, a move expected to accelerate its efforts to digitize long-distance travel across the continent. The amount of the investment remains undisclosed. The funding comes from Yango Group’s newly launched $20 million corporate venture fund, which targets startups
Jul 3, 2025 1 min read
Stanbic Bank Bets on Startups with $100 Million Funding Drive

Stanbic Bank Bets on Startups with $100 Million Funding Drive

Stanbic Bank Kenya, the sixth largest lender in the country by assets, is preparing to raise $100 million (KES12.9 billion) to finance startups across East Africa. The bank aims to channel the funds through its Catalytic Fund, focusing on supporting startups and small and medium enterprises (SMEs) in key
Jul 3, 2025 1 min read
Flutterwave Cuts Workforce in Kenya and South Africa Amid Profitability Push

Flutterwave Cuts Workforce in Kenya and South Africa Amid Profitability Push

Flutterwave has laid off half of its staff in Kenya and South Africa as part of efforts to reduce operational costs and edge closer to profitability. The restructuring comes as the company prepares for a potential public listing and follows a previous round of layoffs in 2024, when Flutterwave reduced
Jul 3, 2025 1 min read
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