Annie Njanja
The construction industry in Kenya is so big that it is among the few globally that expanded amidst the Covid lockdowns of 2020. And it is not showing any signs of slowdown with the country’s data agency — the Kenya National Bureau of Statistics — projecting it to...
The International Finance Corporation (IFC), the private sector arm of Work Bank, plans to make an equity investment of up to €25 million ($26.43) into the Partech Africa Fund II (PAF II) by the Paris-based VC firm Partech. The IFC said in the disclosures that it’s eyeing a...
American social media giant Meta is seeking to have a case filed against it in Kenya dropped saying that the East African country has no jurisdiction to determine it. The application follows a suit filed last month against Meta and Sama, its main subcontractor for content moderation in...
Global digital payments giant, Visa, and East Africa’s biggest telecom Safaricom, the operator of the M-Pesa mobile money product, have today launched a virtual card, enabling millions of M-Pesa users to make digital payments globally, and giving Visa extended reach across Africa.
The launch of the M-Pesa GlobalPay Visa...
Many businesses looking to set up pan-African operations are often met with the challenge of establishing payment services that are appropriate for each country they go to. Most of the payment services merchants working in the continent have solutions that are limited to specific regions, meaning that businesses...
Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue streams through digital collectibles.
The startup’s marketplace, Ayokenlabs, will feature digital collectibles from musicians, sports brands and influencers from all-over the world.
Ayoken founder and CEO, Joshua King, told TechCrunch that the...
South African edtech startup Foondamate has secured $2 million seed funding in a round led by LocalGlobe, the UK-based venture capital firm, to drive uptake of its Whatsapp and Facebook-based learning chatbot across the globe.
Foondamate helps students with their revision by giving them immediate answers to questions and...
Digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount, marking the entry of the vehicle marketplace into North Africa.
The deal comes barely a year after Autochek bought Cheki Kenya and Cheki Uganda from Ringier One Africa Media. Prior to the September 2021 transaction,...
Twiga, an e-commerce food distribution platform, has today announced the launch of its new subsidiary, Twiga Fresh, through which it will farm and distribute its own agricultural produce to traders.
Twiga said it has begun producing horticultural produce like onions, tomatoes and watermelons on its 650-hectare (1,606 acres) land,...
Stock-outs, unpredictable prices of farm produce and a lack of working capital are among the challenges that plague small restaurants and food vendors in emerging markets. These are some of the pain-points that TopUp Mama is working to alleviate since its launch in Kenya’s capital, Nairobi, last year,...
