Nawy Raises $52M to Transform Real Estate Across MENA
May 16, 2025
Egyptian proptech startup Nawy has just raised a whopping $52 million in Series A funding, marking a bold step in its mission to reshape how real estate works across the Middle East and North Africa…
Cross Switch Partners with Pesawise to Launch Scalable Payment Solutions in Kenya
May 16, 2025
Cross Switch has partnered with Pesawise to officially enter the Kenyan market. The partnership merges Cross Switch’s global payment infrastructure with Pesawise’s deep local market expertise. This has resulted in a seamless, secure, and scalable…
M-KOPA Named Africa’s Fastest Growing Company by Financial Times for Fourth Year Running
May 15, 2025
M-KOPA has been selected as Financial Times’ “Africa’s Fastest Growing Companies”. This is the fourth consecutive appearance for M-KOPA on the prestigious annual ranking. M-KOPA reported a compound annual growth rate (CAGR) of 42% between…
Epson Posts 38.4% Profit Growth for FY 2024
May 15, 2025
Epson has announced a 38.4 percent growth in profit for the financial year ended 31 March 2025 (FY 2024). Consolidated revenue rose 3.7 % to ¥1.36 trillion (KES 1.2 trillion), to ¥89.6 billion (KES 78…
Absa Partners with Women’s World Banking to Boost Women Entrepreneurs in Kenya
May 15, 2025
Absa Bank Kenya has announced a strategic partnership with Women’s World Banking to support women entrepreneurs across the country. The announcement was made during a partners’ breakfast hosted in Nairobi by the global nonprofit focused…
Westcon-Comstor Named Value Added Distributor of the Year at Intelligent ICT Awards Africa 2025
May 15, 2025
Westcon-Comstor Southern Africa has been named Value Added Distributor of the Year at the Intelligent ICT Awards Africa 2025, held in Johannesburg on May 8. In a market where distribution often means moving boxes, Westcon-Comstor…
Safaricom and Quickmart Partner to Take 4G and 5G Home Internet Closer to Kenyans
May 15, 2025
Safaricom has partnered with Quickmart to take its 4G and 5G home internet solutions closer to its customers. Kenyans can now purchase Safaricom’s routers easily through Quickmart’s 61 retail outlets nationwide. The move comes as…
European DFIs Commit $80M to BluePeak’s Second Africa-Focused Private Credit Fund
May 14, 2025
Four European Development Finance Institutions (EDFIs), British International Investment (BII), FMO, Swedfund, and Swiss Investment Fund for Emerging Markets (SIFEM) have jointly committed $80 million to BluePeak Private Capital Fund II (BPCF II), a pan-African…
BURN Secures $5 Million EU-Backed Investment
May 14, 2025
BURN Manufacturing has received a $5 million investment from EDFI Management Company through the EU-funded Electrification Financing Initiative (ElectriFI). This funding will help over 100,000 Kenyan households shift from costly, polluting fuels like charcoal and…