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Kenya
197 posts
Kenya’s ARC Ride Secures $10M from Mirova for EV Battery Swapping Push
French sustainable investor Mirova has provided $10 million in senior debt to ARC Ride, Kenya’s electric mobility startup…
Bonto Kenya Shuts Down Just 8 Months After License Approval
Bonto Kenya, a fintech remittance startup, has officially shut down operations less than eight months after receiving its…
Uber launches “Uber Safari” in Nairobi National Park
Uber Technologies Inc. has rolled out Uber Safari, a new service offering guided tours in Nairobi National Park…
HoneyCoin Raises $4.9M to Scale Stablecoin-Powered Payments across Africa and Beyond
Kenya-based HoneyCoin — a stablecoin-compatible, full-stack payment orchestration platform — has closed a $4.9 million seed round to…
Safaricom and PayPal Partner to Boost Mobile-Online Payment Interoperability in Kenya
Safaricom and PayPal have announced a strategic collaboration to link M-PESA wallets with PayPal accounts, allowing over 35…
Solar Company Sun King Secures Record $156M Deal to Expand Solar Access in Kenya
Sun King has closed a KES 20.1 billion ($156M) local currency securitisation — the largest in Sub-Saharan Africa…
Starlink Reopens Nairobi Sign-Ups After 7-Month Freeze
Starlink has resumed new sign-ups in Nairobi and surrounding counties, ending a seven-month freeze caused by overwhelming demand…
Moniepoint Cleared to Acquire Kenyan Microfinance Bank
Moniepoint Inc. has received the green light from the Competition Authority of Kenya (CAK) to acquire a 78%…
Cross Switch Expands to Kenya with Pesawise Partnership
Payments tech company Cross Switch has officially launched operations in Kenya through a strategic partnership with local licensed…
Lipa Later Placed Under Administration After Failing To Raise New Funds
Lipa Later Limited, a Kenyan digital consumer credit provider, is now under administration, with Joy Vipinchandra Bhatt of…