Annie Njanja
HotelOnline, a Kenyan-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software provider with clients in 22 countries.
The full terms of the transcation were not disclosed but Eric Muliro, who founded HotelPlus in Kenya...
Uber has appealed to Kenya’s apex court to annul the new digital taxi-hailing regulations claiming that some aspects are unconstitutional, discriminatory, discouraging to foreign investments, and infringing on its rights and those of its riders and partners.
The regulations, set to come into effect in a few weeks, have...
Userpilot, a product-led growth platform for SaaS companies, has raised $4.6 million seed funding in a round led by Silicon Badia, with participation from ScOp Ventures and 500 Global. The startup’s new funding follows $1.2 million it secured in a pre-seed round last year.
Userpilot helps companies to “achieve...
Seedstars Africa Ventures, the pan-African early-stage fund for startups, has appointed Bruce Nsereko-Lule as its new general partner, to help it deploy more capital and provide the much-needed technical support for founders across the continent.
Seedstars Africa Ventures – which is part of Seedstars Group, an accelerator and VC...
Jumia, the pan-African e-commerce company, has partnered with Zipline, to launch on-demand drone delivery in Ghana, with plans to expand the service to Nigeria and Côte d’Ivoire in the near future.
Jumia said it will integrate its existing distribution network with Zipline’s automated on-demand delivery system for rapid home...
Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses.
This is the gap that Kenya’s embedded finance fintech Pezesha seeks to bridge as it expands into Nigeria, Rwanda...
A day after Central Bank of Kenya (CBK), Kenya’s monetary authority, said that Chipper Cash and Flutterwave were not licensed to operate in the East African country, the regulator has directed all financial institutions to cease doing business with the two fintechs.
The CBK’s bank supervision deputy director, Matu...
Umba, a US-based digital bank with a focus on emerging markets, has acquired a majority shareholding of Daraja, a Kenyan deposit-taking microfinance bank, for an undisclosed amount.
Kenya’s monetary authority, the Central Bank of Kenya (CBK), said Umba had taken up 66.6% shareholding, an acquisition that is expected...
A new report detailing the cost of mobile data in different markets across the world, bears the evidence of why internet use in most of Africa remains low despite the growing broadband internet coverage.
The Worldwide Mobile Pricing 2022 report, which surveyed 233 countries, shows that five of the...
Rights groups are calling on Meta to halt attempts to silence Daniel Motaung, a South African content moderator and whistleblower that is suing it alongside Sama, its main subcontractor for content moderation in Africa, in Kenya over claims of union busting and exploitation.
In a letter to Mark Zuckerberg,...
