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FairMoney in Talks for a $20M All-stock Acquisition of Umba for Further Expansion

Blessed Frank

Feb 20, 2024 • 2 min read

FairMoney

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Tesla Enters Africa, Sets Up Shop in Morocco

Tesla has officially entered the African market with the launch of its first office on the continent, located in Casablanca, Morocco. The move establishes a formal presence for the U.S.-based electric vehicle and clean energy company, which quietly tested the waters in 2021 by installing a limited number

Jun 20, 2025 1 min read

Kenyan Startup Chpter Expands to 11 African Markets in Partnership with Flutterwave

Kenyan software startup Chpter has entered 11 new markets through a strategic partnership with fintech leader Flutterwave. The expansion adds Ghana, Senegal, Ivory Coast, Cameroon, Uganda, Tanzania, Rwanda, Egypt, Burkina Faso, Malawi, and Zambia to Chpter’s existing presence in Kenya, Nigeria, and South Africa. Founded to support small and

Jun 20, 2025 2 min read

CFAO, Almasi Offer 90% Sharia Financing for Kenyan Transport SMEs

CFAO Mobility Kenya and Almasi Financial Services Limited have launched a financing partnership targeting entrepreneurs and small businesses. The initiative offers up to 90% Sharia-compliant financing for commercial vehicles, repayable over 60 months. The deal covers a range of commercial trucks and buses, including brands such as Mercedes-Benz, Hino, and

Jun 20, 2025 1 min read

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