Is Poli Safe for Online Banking?
April 3, 2024
POLi is a renowned online payment service for New Zealand and Australian residents. The banking option can be used in numerous industries and allows users to proceed with quick money transfers. According to statistics, over…
Bolt awarded the "Best Ride-Hailing Platform, East Africa 2024" by Global Brands Magazine
April 2, 2024
Bolt has been awarded the “Best Ride-Hailing Platform, East Africa 2024” by Global Brands Magazine. This award recognition was received as an appreciation for Bolt’s commitment to excellence, innovation, and customer satisfaction in providing seamless…
Eastern Africa Set for Digital Leap with World Bank Investment and Regional Financial Hubs
April 2, 2024
By Kirsten Wortmann, Regional Director for Africa, Paymentology East Africa is positioned to enjoy strong economic performance this year, with growth forecasted to surpass 5%. These projections from the African Development Bank’s 2023 East Africa Economic Outlook demonstrate a…
Kua Ventures and Startup Savanna Partner To Support East African SMEs
April 2, 2024
Kua Ventures has partnered with Startup Savanna to support the region’s SMEs. This collaboration allowed 10 entrepreneurs to pitch for a maximum of Ksh 15 million in funding for their businesses. Central to Kua Ventures’ approach to supporting…
Kenya Launches its First Draft Electric Mobility Policy to Guide the Transition to EVs
April 2, 2024
Last week, Kenya launched its first Electric Mobility (e-mobility) Draft Policy that seeks to guide the development of electric mobility in all transportation modes – road, rail, air and maritime. The policy will provide a…
NCBA Group reports Profit After Tax growth of 56% to Ksh 21.5 billion
April 1, 2024
NCBA Group has posted a profit after tax of KES 21.5 billion in its Full Year 2023 results which is a 56 per cent increase compared to KES 13.8 billion reported during a similar period in 2022. The growth trajectory…
Climate tech VC Firm, Satgana, Closes its First Fund that Supports Early-stage startups in Africa
March 29, 2024
Satgana, a Climate tech VC firm backing early-stage startups in Africa and Europe, has announced the final closing of its first Climate Tech VC fund. The fund reached a final close of €8 Million in…
Norrsken Accelerator 2024 is Now Accepting Applications From Early-Stage Startup Founders
March 28, 2024
The Norrsken Accelerator is now accepting applications for the 2024 cohort. Application is open to any early-stage startup founders from across the world including those from Africa. The 2024 cohort will take place at Norrsken…
BURN Manufacturing Secures $12 Million Carbon Financing for Cookstove Distribution in Africa
March 28, 2024
BURN manufacturing has secured a $12 Million investment to expand the distribution of clean cookstoves in Africa. BURN is a manufacturer and distributor of clean cookstoves. This latest investment was led by Key Carbon and…