Stories By Vallency Otieno
Innovation
7 Kenyan Startups to Watch in 2020
January 2, 2020Kenya has experienced the surge in the number of innovation startups sprouting, high growth of venture...
Funding
Kenya-Based Micro-Insurtech Startup Turaco Closes US$1.2M Seed Investment
December 11, 2019Kenya-based micro-insurtech startup, Turaco, has secured a seed capital raise of US$1.2 million to further scale...
Africa's Latest
Jumia Foods Shuts Down Operation in Rwanda, Shifts Jumia Travel to Travelstart
December 9, 2019Pan-African E-commerce Company, Jumia has suspended its operations in Rwanda, its third country to offload at it...
Give It A Shot
GrowthAfrica Accelerator Expands to Ghana and Opens Applications for 2020 Cohort
November 27, 2019Africa’s premier business growth partner, GrowthAfrica, has announced its expansion and launch into Accra, Ghana. Its...
Funding
Kenya’s Lori Systems Raises US$30M Series A Funding Led by Hillhouse Capital, Crystal Stream
November 8, 2019Lori Systems, a Kenyan based logistics startup that connects cargo owners with truck fleets, has secured...
News / Trends
Africa is the Fastest ‘Breeding Ground’ for Software Developers in the World
November 7, 2019According to the latest State of the Octoverse report by Github, developers from Africa created 40%...
Mergers and Acquisitions
Nigerian Digital Payment Firm Interswitch Acquires HealthTech Company eClat
November 5, 2019Interswitch Limited, has announced the acquisition of eClat Healthcare Limited, a Nigeria-based health technology company that...
Funding
Twiga Foods Raises US$30M Funding Led By Goldman Sachs, Plans Pan-African Expansion
October 28, 2019Kenya’s B2B food distribution platform Twiga Foods has raised US$30 million from several investors led by Goldman...
Opinion
SoftBank’s Sum Investment on WeWork is ‘6 Times’ the Total African Startup Funding Since 2016
October 26, 2019Earlier this week, the founder of WeWork, an American company that provides shared workspaces for technology...
Funding
21-year old Congolese Entrepreneur Yannick Kimanuka Wins US$25,000 Anzisha Prize 2019
October 25, 2019Yannick Kimanuka, a 21-year old young entrepreneur from Congo has been awarded the 2019 Anzisha Prize...
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