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  • [ July 1, 2022 ] C35: New model in realme C-series targets Kenya’s youth market and first time users CSR
  • [ July 1, 2022 ] LG Electronics receives Robot Safety Control Certification from Det Norske Veritas CSR
  • [ July 1, 2022 ] SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament Analysis & Features
  • [ July 1, 2022 ] 10 women-led businesses picked for Standard Chartered’s tech incubator program   Analysis & Features
  • [ July 1, 2022 ] Five ways by which furniture is creating the hybrid office of the future Analysis & Features
  • [ July 1, 2022 ] 2022 Tour de France to take Showmax Pro subscribers on 109th edition journey Events Noticeboard
  • [ July 1, 2022 ] 3 Kenyan startups make list of 10 finalists in Afri-Plastic Challenge Analysis & Features
  • [ June 30, 2022 ] Mastercard expands Jaza Duka lending scheme with Kasha, surpasses Kshs 1 billion in loans to MSMEs in Africa Analysis & Features
  • [ June 30, 2022 ] LG InstaView: Helping Kenya’s households in beating high electricity costs CSR
  • [ June 30, 2022 ] Huawei partners with Eliud Kipchoge in new CSR campaign Analysis & Features
Homefunding

funding

Analysis & Features

Proparco invests undisclosed sum in Moringa to fund training startup’s expansion in Africa

June 27, 2022 admin 0

Building on the Seed Investment by DOB Equity and $9.5 million funding by Mastercard Foundation, Moringa has received additional investment from Proparco to support its expansion outside Kenya. The new funding has seen the tech-based learning [c]

Analysis & Features

mTek gets $3 million investment from Finclusion to expand reach of insurance services in Kenya

June 20, 2022 admin 0

On the heels of a recent $1.50 million (Kshs 170 million) investment which helped to unlock for Kenyan citizens greater, real-time access to health insurance, plus other general insurance products, Kenyan insurtech and digital insurance [c]

Analysis & Features

Forum to convene funders and innovators seeking to accelerate access to healthcare in Africa  

June 14, 2022 admin 0

The African Venture Philanthropy Alliance (AVPA), Ashoka, and Social Innovation Circle, sponsored by Boehringer Ingelheim as part of their “Making More Health” and Boehringer Ingelheim CSR initiatives, have partnered to launch the African Healthcare Funders [c]

Analysis & Features

Talk360 raises $4 million to expand service footprint in Africa, build payments platform

June 13, 2022 admin 0

International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile phone worldwide, has secured $4 million (R64 million) in funding as it prepares to [c]

CSR

Morocco’s WafR gets $1.075 million in new funding round led by Launch Africa Ventures 

June 7, 2022 admin 0

WafR, an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on the traditional channel, has announced that it has raised $455,000 in addition to the $620,000 previously [c]

Analysis & Features

Bamba, the SME software vendor, raises $3.2 million in new funding round

June 6, 2022 admin 0

Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured $3.2 million in seed funding to scale its app and build out its team. Venture capital firm 468 Capital led the round with participation [c]

Analysis & Features

Norebase, the Africa trade tech startup, has secured $1 million investment  

May 4, 2022 admin 0

Norebase, the African trade technology company building a single platform for businesses to start, scale and operate in any African country, has secured a $1 million pre-seed funding round, co-led by Samurai Incubate and Consonance [c]

Analysis & Features

OnePort 365 secures $5 million investment to digitize freight management in Africa

April 29, 2022 admin 0

OnePort 365, a digital freight forwarding company that makes it easier to move cargo to, from and within Africa, has raised $5 million in seed funding to drive the end-to-end digitisation of freight management in [c]

Analysis & Features

ETAP gets $1.5 million funding to drive car insurance penetration in Africa

April 20, 2022 admin 0

ETAP, an insurtech startup that makes it easier to buy and claim insurance, has secured $1.5 million in pre-seed funding to grow its team and drive the adoption of much-needed car insurance across Africa. Starting [c]

CSR

WafR raises $372,000 to grow number of active grocers on platform, better support Morocco’s FMCG brands

April 6, 2022 admin 1

After the successful conclusion of the first round of funding of $372,000, WafR, an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on the traditional channel, has [c]

CSR

Treehouse raises $18 million to establish standard for DeFi analytics

March 21, 2022 admin 0

Treehouse, a Web3 company transforming on-chain data into meaningful metrics to help decentralized finance (DeFi) investors make informed financial decisions, has announced a $18 million seed round raise. An undisclosed large FinTech investor led the [c]

Analysis & Features

Flutterwave raises $250 million in new investment, pushing valuation to over $3 billion

February 17, 2022 admin 1

Flutterwave, a technology company, has announced that it has raised $250 million in Series D funding. The latest investment puts the valuation of the company at over $3 billion as the brand continues to transform [c]

Analysis & Features

BasiGo secures $4.3 million funding to commercialise electric bus business model, launch assembly plant  in Kenya

February 9, 2022 admin 0

BasiGo, an electric vehicle technology and financing company bringing electric bus services to sub-Saharan Africa, has announced a $4.3 million Seed funding round, led by Novastar Ventures with participation from several Silicon Valley investors including: [c]

Analysis & Features

Copia raises $50 million to grow footprint regionally and to other parts of Africa

January 21, 2022 admin 0

Copia Global has announces that it has raised $50 million in a Series C equity round led by Goodwell Investments. Copia is the first and only B2C e-commerce platform with a distribution solution to serve [c]

Analysis & Features

Ivory Coast-based e-commerce startup Afrikrea secures $6.2 million funding as it rebrands to ‘ANKA’

January 11, 2022 admin 0

Afrikrea, the Ivory Coast-based e-commerce platform for “all things made of Africa”, has announced the successful completion of a $6.2 million pre-Series A round led by Investisseurs & Partenaires and the rebrand to “ANKA”, its [c]

Analysis & Features

IRONSCALES receives $64 million in new investment to boost product innovation and global expansion

January 9, 2022 admin 0

IRONSCALES, an Israel-based provider of AI-powered email security solutions, has raised $64 million in a Series C funding round led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies, [c]

Analysis & Features

Adanian Labs announces venture funding program call for Africa-based tech startups

November 24, 2021 admin 0

Adanian Labs  has launched the Adanian Labs Venture Building Program call for startups for 2022. The program targets applications from tech entrepreneurs for the 2022 cohort of exceptional startups to join Adanian Labs in Kenya, [c]

Analysis & Features

Autochek raises $13.1 million investment to revamp its technology and accelerate regional expansion 

October 26, 2021 admin 0

Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on investors, TLcom Capital and 4DX Ventures, the round also had participation from existing investors, Golden [c]

Analysis & Features

Fintech startup pawaPay raises $9 million in funding round led by 88mph and MSA

August 26, 2021 admin 0

Fintech company pawaPay, has secured a $9 million in new funding round. The round was co-led by MSA and UK-based investment fund 88mph, with participation from Vunani Capital,  Kepple Ventures and Zagadat Capital. The capital [c]

Analysis & Features

Wapi Pay raises $2.2 million to expand payments, remittance services between Africa and Asia

August 7, 2021 admin 1

Wapi Pay, a fintech based in Singapore and headquartered in Kenya, has raised $2.2 million (about Kshs 220 million) in pre-seed funding to expand its global payments and remittances services between Africa and Asia. Wapi [c]

CSR

Glovo raises $531 million to expand operations in 20 markets where it operates

April 3, 2021 admin 0

Glovo, a multi-category delivery platform, has announced that it has raised €450 million ($531 million or Kshs 58 billion) in its Series F funding round led by New York-based investment managers Lugard Road Capital and [c]

Analysis & Features

Research and funding of Covid-19 vaccine projects and initiatives  

January 24, 2021 admin 0

The World Health Organisation (WHO) states on its website that there are currently more than 50 Covid-19 vaccine candidates in trials. The organization is working in partnership with scientists, business, and global health organizations through the ACT [c]

News

Nokia devices vendor HMD Global raises $230 million from investors

August 12, 2020 admin 0

HMD Global, the vendor of Nokia phones, has announced that it has successfully raised $230 million in the first closing of its current funding round from some of its top global strategic partners. As well [c]

Analysis & Features

Covid-19 ICT team picks 31 projects from various sectors for funding

August 7, 2020 admin 0

Joe Mucheru, the CS for ICT, Innovation and Youth Affairs last week presided over the COVID-19 ICT Advisory Committee’s online showcase of local ICT innovations developed to help combat the pandemic, as well as stimulate [c]

News

Okra, a Nigeria-based fintech, gets $1 million investment from TLcom Capital

April 27, 2020 admin 0

Nigerian fintech platform Okra has secured a $1 million pre-seed investment from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech innovation. With the first API in Africa to [c]

News

Sendy raises Kshs 2 billion in funding backed by automotive firm Toyota Tsusho

January 30, 2020 admin 0

Logistics platform, Sendy, which has been in existence for 5 years, connects drivers with businesses through technology making it easier for them to move goods locally and regionally, has raised Kshs 2 billion in fresh [c]

News

Wefarm secures $13 million investment to expand network of smallholder farmers

November 6, 2019 admin 0

Wefarm, the digital network for small-scale agricultural producers, has raised $13 million in a Series A financing round led by Silicon Valley venture capital firm True Ventures. The funds will help Wefarm further scale its [c]

CSR

Delegates to discuss how to fund Africa’s social innovations in Nairobi

November 6, 2019 admin 0

More than 500 delegates are set to meet in Nairobi in December to discuss ways of funding social innovations across Africa. The Impact!Africa Summit will bring together social entrepreneurs from the public and private sectors [c]

CSR

Morocco’s start-up support players partner to promote competitive innovation ecosystem

July 10, 2019 admin 0

In the last three years, start-ups have been generating a growing interest in Morocco among public institutions, international organizations and corporates. At the African level, startups have managed to attract more than $1 billion in [c]

News

Aaron Fu leaves Mest Africa after 2-year stint as MD, to focus on own startups

July 5, 2019 admin 0

After serving at Mest Africa, the entrepreneurial training program, seed fund, and incubator for about 2 years as the organisation’s MD, Aaron Fu has announced his departure from his position and the organisation. Fu has [c]

News

Solar products vendor, d.light, gets $18 million investment to expand operations in Africa

July 1, 2019 admin 0

Manufacturer and provider of solar power products, d.light, has announced a $18 million investment from a consortium of lenders with a focus on the renewable energy space including; two responsAbility-managed funds, SunFunder, DWM and SIMA.  [c]

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Events Noticeboard:

SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament

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Reviews:

Tech that’s built to last: Father’s Day gift guide products from Nokia phones

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2022 Samsung TV lineup earns carbon reduction certification from the Carbon Trust  

OPPO unveils Reno7 Z 5G in South Africa at a retail price of $725

OPPO Reno 7 series devices now available in Kenya from Kshs 43,000

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HUAWEI WATCH GT 3: Offers scientific facts on your sleep, helping you to sleep better

Huawei Super Device enables easier creativity between PCs and tablets via new Control Panel

OPPO releases updated version of ColorOS to coincide with launch of Android 12  

Samsung Freestyle: The portable screen projector for indoor and outdoor viewing

V23, the 5G model from vivo, now available in Kenya

CSR:

C35: New model in realme C-series targets Kenya’s youth market and first time users

LG Electronics receives Robot Safety Control Certification from Det Norske Veritas

SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament

10 women-led businesses picked for Standard Chartered’s tech incubator program  

Five ways by which furniture is creating the hybrid office of the future

3 Kenyan startups make list of 10 finalists in Afri-Plastic Challenge

Mastercard expands Jaza Duka lending scheme with Kasha, surpasses Kshs 1 billion in loans to MSMEs in Africa

LG InstaView: Helping Kenya’s households in beating high electricity costs

Huawei partners with Eliud Kipchoge in new CSR campaign

Telkom Kenya subscribers to enjoy cheaper data packages on Boomplay music streaming app

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News:

C35: New model in realme C-series targets Kenya’s youth market and first time users

LG Electronics receives Robot Safety Control Certification from Det Norske Veritas

SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament

10 women-led businesses picked for Standard Chartered’s tech incubator program  

2022 Tour de France to take Showmax Pro subscribers on 109th edition journey

3 Kenyan startups make list of 10 finalists in Afri-Plastic Challenge

Mastercard expands Jaza Duka lending scheme with Kasha, surpasses Kshs 1 billion in loans to MSMEs in Africa

LG InstaView: Helping Kenya’s households in beating high electricity costs

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Cybersecurity Bulletin:

Report reveals phishing emails that employees find most confusing

ToddyCat, an advanced threat actor, targets high-profile entities with new malware

Cybercriminals charge $2,000 to sell access to companies via the Dark Web

Hundreds arrested, millions seized in global INTERPOL operation against social engineering scams

SMEs in Kenya still in danger of cyber threats, facing a 47% rise in attacks in 2022

ESET announces 2022 Partner Awards winners from Southern Africa

Report details targeted attacks connected to Russia’s invasion of Ukraine and how war changed threat landscape

Three Nigerians nabbed in operation against malware cyber fraud in Southeast Asia

Lazarus attacks aerospace and defense contractors worldwide via misuse of LinkedIn and WhatsApp

ESET unveils new suite of cybersecurity solutions for telcos and ISPs

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Tech&PR:

Wimbart expands PR and Communications mentorship programme to cover additional areas

Kenya’s PR practitioners elect new officials to lobby for legislative recognition

Patricia Ithau, the WPP-Scangroup CEO, outlines three strategic priorities at firm’s AGM

From head of South Africa, Karena Crerar now elevated to CEO of Edelman Africa operations

Liesl Williams, former partner at Engage BCW, named head of Razor PR in South Africa

BHM, a global PR and communications agency, expands into Kenya and Ghana

Newly launched PR book looks back at decades of spinning in South Africa

Launch Africa acquires stake in Africa’s first on-demand expertise platform

Impact of Cryptocurrencies on the Banking System

Flutterwave unveils redesigned logo at virtual event

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Featured:

HUAWEI Ads: How to use the platform to build your brand

June 29, 2022 0

Top four reasons to buy the new HUAWEI nova Y70

June 23, 2022 0

Why Opt-in biometrics is not surveillance 

June 23, 2022 0

Tips for Negotiating Lease Agreement: Lease Agreement Queries

June 22, 2022 0

Apply for visa early to beat surge in demand for outbound travel – VFS Global

June 22, 2022 0

Analysis:

C35: New model in realme C-series targets Kenya’s youth market and first time users

LG Electronics receives Robot Safety Control Certification from Det Norske Veritas

SuperSport gears up for Africa Women Cup of Nations, the continent’s fiercest football tournament

10 women-led businesses picked for Standard Chartered’s tech incubator program  

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2022 Tour de France to take Showmax Pro subscribers on 109th edition journey

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Celestine Muli – Launch of MultiChoice’s 2022 Step-Up promo
https://youtu.be/vIEyc1ova64
LG East Africa during LG Ambassador winners event
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  • Equity, American Express revamp membership rewards redemption scheme for card holders 
    Equity American Express Card members earn Membership Rewards points when they spend on their Cards. Now, they can redeem their points through a newly revamped website with more redemption options. The Membership Rewards website, recently [c] Source
  • New solution to enable Zimbabwean farmers prove origin, health records of their cattle
    E-Livestock Global has launched a solution powered by Mastercard’s blockchain-based Provenance solution, which  enables Zimbabwean farmers to prove the origin and health records of their cattle, while reducing risks to buyers. A first in the [c] Source
  • Thee local startups benefit from IRA, Prudential innovation hub 
    Three local startups have each received Ksh 1.25 million in cash awards from an innovation hub steered by the Insurance Regulatory Authority (IRA) in collaboration with Prudential Life Assurance Kenya and other partners, to promote [c] Source
  • Pesapal granted authorisation as a Payment Service Provider by the Central Bank
    The Central Bank of Kenya has granted authorization to Pesapal Limited as a Payment Service Provider (PSP) to carry our Payment Gateway Services in compliance with the National Payment System (NPS) Act, 2011, NPS Regulations [c] Source
  • Huawei announces AppsUP contest for developers in Africa and Middle East
    Not all superheroes wear capes. Some sit behind a desk conjuring up ways in which they can use technology to make the World a better place. Whether it’s to improve health and education systems or [c] Source
  • Nokia G20 now available in Kenya from Kshs 19,000
    HMD Global has launched its latest mid-range smartphone in the Kenyan market – the Nokia G20. Two new series have been introduced to Nokia smartphones mid-range portfolio, the G-series and X-series. The new G-series boasts [c] Source
  • New cybersecurity attacks target diplomatic missions in Africa and Middle East 
    ESET, an IT security software vendor and service provider, has uncovered a new malware variant called Turian that is being spread by the Advanced Persistent Threat Group BackdoorDiplomacy that primarily targets Ministries of Foreign Affairs [c] Source
  • LG to open 5 new service outlets as part of new consumer strategy
    LG Electronics East Africa is set to launch 5 new service centers in Kenya as part of a regional strategy to enhance reach and support to customers using its products. The new service outlets will [c] Source
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