Kenya

A collection of 41 posts

Kenya

Mentorship Crucial for the Future of Kenya’s Startups, Stakeholders Say

Key players in Kenya's startup ecosystem are urging seasoned entrepreneurs to share their knowledge and experience with emerging founders, in a bid to foster the long-term growth and sustainability of local startups. “Entrepreneurial success extends beyond profit and valuation — true impact lies in paying it forward. At Endeavor,

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Daily

Network services restored in Kenya and Uganda after cable repairs

Daily

Kenyan Ride-Hailing Service Little App Introduces NFC Payment Feature

Little App has rolled out Near Field Communication (NFC) payment feature for its drivers in Kenya in partnership with Visa and Absa Bank. NFC is a wireless technology that enables communication between two electronic devices over a distance of four centimetres or less. The collaboration among the three companies aims

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Daily

Sukhiba Connect Sets Sights on Expanding WhatsApp Conversational Commerce Across Africa

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Seven Female-Led Kenyan Startups Awarded Ksh. 9.8 Million in Seed Funding

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Daily

Digital Lender Tala Appoints Annstella Mumbi as GM

Daily

Flutterwave Appoints Leon Kiptum as Senior VP Enterprise Business for East Africa

Leon Kiptum has been named Senior VP Enterprise Business for East Africa at Flutterwave. Leon made the announcement through his linkedIn page saying; “I’m happy to share that I started a new position as Senior Vice President, Enterprise Business – East Africa at Flutterwave. “At Flutterwave, we are building a

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Kenya

Kenyan Ed-Tech Startup Skizaa Wins $25,000 Prize in New York City

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Kenya

Kenyan Transport Regulator Rejects Bolt's Licence Renewal

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Daily

Amazon Launches Development Centre In Nairobi

Kenya

Kua Ventures Allocates More Than $1 Million in Funding To Support 20 Kenyan SMEs

Kua Ventures, a Kenya-based impact investment firm, has committed over $1 million (equivalent to Ksh. 145 million) in SMEs across the country. The milestone follows four rounds of funding over the last three years that have seen 20 growing local SMEs added to the Kua Ventures portfolio. Kua Ventures Operations

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US

Sendwave Launches Banking Product Targeting Kenyans in the US

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Kenya

Japan’s NINJA Accelerator Welcomes Five Kenyan Cleantech Startups to Its 3rd Cohort

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Kenya

Nigeria's Flutterwave Invests Sh7.3 billion in Kenya

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Kenya

Kenyan Fintech Lipa Later Secures Ksh. 500 Million in Debt Funding, Sets Its Sights on Raising Ksh. 2BN

Kotani

Kenyan Crypto Payments Startup Kotani Secures $2M to Power Cross-Border Remittances In Africa

Kotani Pay, a Kenya-based crypto payments startup has secured $2 million in a pre-seed funding round led by San Francisco-based P1 Ventures and other investors like DCG/Luno and Flori Ventures. The startup intends to address the challenges faced by underserved populations in Africa when it comes to cross-border remittances,

Press Release

Uber Launches Electric Bikes in Kenya, its first in Africa

Uber has announced the introduction of electric bikes also known as “boda bodas,” in Kenya’s capital, Nairobi. This marks a first for Uber in Africa and represents a significant milestone in sustainable mobility as part of the company's efforts to be a zero-emission company by 2040. The

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Kenya Tops Africa in Startup Funding in the First Half of 2023

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Kenya Selected As Launchpad for Regional Expansion by US Based Tech Firm

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Kenyan Fintech Cellulant Lays off 20% of its workforce

Press Release

Four Startups From Kenya And Uganda Win $6,000 To Continue Building Their Businesses

The Leila Janah Foundation, a non-profit organization supporting entrepreneurs in East Africa, has today announced the winners of its sixth annual Give Work Challenge (GWC) for existing businesses. The winners from Kenya include; Mvuvi and Kono Farm together and from Uganda; Mawejje Creations and the Reusable Sanitary Pad Project. Each

Daily

Kenya’s Konza Technopolis attracts Ksh100 billion from Investors

President William Ruto of Kenya announced that he has secured Ksh 100 billion to commence the construction of Phase Two of the Konza Technopolis. Konza Technopolis is a large technology hub and a key flagship project of Kenya’s Vision 2030 economic development portfolio to be built 64 km (39

East African hub

Why Grey Sites its East African Hub in Kenya 

Grey, a Nigerian fintech startup has sited its East African hub in Kenya in its quest to expand operations in the region. The YC-backed startup has now joined Flutterwave, its fellow compatriot who recently chose Kenya as its East African regional headquarter. This is rather a strategic move by these

facebook

Meta Announces a 16% VAT on Ads across its Platforms in Kenya

Meta (formerly Facebook) has announced that all Kenyans who use their advertisement services on either of its platforms (Facebook and Instagram) both businesses and personal accounts, will now be required to pay 16% Value-Added Tax (VAT), effective November 1st, 2022, following the new VAT laws and requirements for the industry.

Business

Sky.Garden Stakes Merger and Acquisition amidst Poor Financing

Kenyan e-commerce startup, Sky.Garden’s founder and CEO, Martin Majlund has announced that the company will close by October 16 – due to shortage of funds – having issued a termination letter in a memo sent to employees earlier in September. Open solely to Kenyan traders, the startup deals in mobile