PawaPay gets a Bank of Mozambique licence to sign up merchants directly
PawaPay has a Bank of Mozambique payment licence to onboard merchants directly, with M-Pesa connected and Tmcel’s mKesh still missing.
4 min read
Startups
Latest startups stories from across Kenya.
MNT-Halan Hits $1.4 Billion Valuation After Al Ahly Capital Investment
Egyptian fintech MNT-Halan has reached a $1.4 billion valuation after completing the first closing of a new investment round led by Al Ahly Capital, the investment arm of the National Bank of Egypt. The companies did not disclose the…
1 min read
Cloud9 Hits $1 Million Funding Milestone After $500,000 Alliance Investment
Kenyan fintech Cloud9 has raised $1 million in total funding, after securing a $500,000 equity investment from New York-based crypto accelerator and founder community Alliance. The Alliance investment represents half of Cloud9’s total…
3 min read
Ghana’s Complete Farmer Raises $2.4 Million to Expand Farmer Financing
Ghanaian agri-tech company Complete Farmer has secured a $2.4 million convertible loan from the International Finance Corporation (IFC) to expand financing for smallholder farmers and scale its agricultural input and agronomy services. The…
2 min read
Sun King Raises $5 Million Acumen Investment for Zambia Expansion
Nairobi-based off-grid solar company Sun King has secured a $5 million Series D equity investment from Acumen to expand its operations in Zambia and use the capital to unlock additional local-currency debt. The investment, made through…
3 min read
Kenyan-American Startup Satlyt Raises $8 Million to Build AI Data Centers in Space
Kenyan-American startup Satlyt has raised $8 million in Seed funding to develop software that turns satellites into virtual artificial intelligence data centers, allowing spacecraft to process data and run AI applications in orbit rather…
3 min read
Managing Brand Pages Across Borders: Lessons for African Startups
African startups rarely stay in one market for long. A fintech that proves itself in Nairobi looks at Kampala and Dar es Salaam. A logistics platform born in Lagos eyes Accra and Abidjan. A Cape Town e-commerce brand tests demand in…
4 min read
Seven Kenyan women-led startups receive KES 9 million in grants
Seven Kenyan women-led startups receive KES 9 million in grants after Strathmore’s Women in Tech accelerator. Meet all seven winners.
2 min read
Standard Chartered Backs Seven Kenyan Women-Led Startups With $70,000 in Grants
Standard Chartered Plc’s charitable arm awarded 9 million Kenyan shillings (about $70,000) in grants to seven women-led technology startups, part of a program aimed at closing the funding gap for female founders in East Africa’s largest…
1 min read
Latitude59 Returns to Kenya, Opens 2026 Pitch Competition for African Startups
Latitude59 is returning to Kenya for the fourth consecutive year, with applications now open for its 2026 Kenya Pitch Competition, offering early-stage startups across Africa a chance to compete for non-equity funding, partner prizes and a…
2 min read
MYDAWA, Dawa Mkononi and Meditect Secure Funding at i3 Access to Markets
Kenya-based digital pharmacy MYDAWA has partnered with Endless Health to develop a digital-first model for hypertension and diabetes care, one of four new healthtech deals announced at Investing in Innovation Africa’s (i3) fourth annual…
3 min read
Meta and This Is Digital open AI Academy Kenya, and two startups will win about KES 650,000 each
Meta opened AI Academy Kenya with This Is Digital. Two startups win about KES 650,000 each. Applications close 30th September.
3 min read
KejaMove Brings Instant Moving Quotes to WhatsApp
KejaMove, the Nairobi-based moving and relocation company, has launched what it says is Africa’s first automated moving quotation service inside WhatsApp. The new tool, called the KejaMove AI Assistant, lets customers get a calculated,…
4 min read
Chari Adds Former Visa Executive to Board as It Builds Financial Infrastructure
Chari has added former Visa executive Aurélien Pichon to its board as an independent director as the Moroccan fintech shifts from serving retailers to building financial infrastructure for banks, telcos, corporations and fintechs across…
3 min read
Luno Acquires Kenya’s GTXN to Expand Into Cross-Border Payments
Luno has acquired Kenyan cross-border payments company GTXN, bringing licensed collection and payout infrastructure into the cryptocurrency platform as it expands further into business payments across emerging markets. The deal brings…
4 min read
CEO Weekends: Rhea Raises $100,000 to Take Its Soil-Intelligence Tech Across East Africa
Kenyan agritech startup Rhea Soil Health Management is taking a fresh $100,000 investment into an expansion strategy that could take its soil-intelligence technology from Kenyan farms into other agricultural markets across East Africa.…
8 min read
Yellow Card Appoints Former Monzo, Deutsche Bank Exec as Group CFO
Yellow Card, a stablecoin-enabled payments, infrastructure firm has appointed Ross Everett as Group Chief Financial Officer (CFO) to lead the company’s global finance function and support its continued international expansion. Ross was the…
1 min read
Paymob Raises $35 Million as Egypt Fintech Expands Across Gulf
Paymob, the Egypt-founded payments infrastructure company, raised $35 million in a pre-Series C funding round co-led by Abu Dhabi sovereign investor Mubadala Investment Company and the European Bank for Reconstruction and Development, as…
2 min read
South Africa’s Mission Mobile Gets $30.8 Million to Expand Smartphone Financing
South African fintech Mission Mobile has secured as much as 500 million rand ($30.8 million) from investment firm DN Invest as it seeks to expand smartphone financing and deepen its partnerships with mobile network operators. The…
2 min read
City Distro Wants to Digitise Africa’s FMCG Distribution
City Distro, a Nigerian startup, wants to digitise the distribution of fast-moving consumer goods, starting with a network covering seven Nigerian hubs and targeting expansion across Africa. The company connects manufacturers with…
1 min read
Minisend pushes into Kenya as official payment partner of Africa Blockchain Festival
Minisend is official payment partner of Africa Blockchain Festival 2026 in Nairobi, weeks before Kenya’s 4 November crypto licensing deadline.
4 min read
Biochar Industrial Group Raises $1.5 Million to Turn African Farm Waste Into Carbon Credits
Biochar Industrial Group has raised $1.5 million in pre-seed funding to expand a business that converts agricultural waste from African food processors into biochar and carbon-removal credits. The round was led by BREEGA, with…
2 min read
Catalyst Fund Invests in OKOA to Scale Battery-Swapping Network Across Africa
Catalyst Fund has invested in OKOA, an African electric-mobility startup developing an interoperable battery-swapping network for electric motorcycles. The investment will support OKOA’s rollout of battery-swapping infrastructure as the…
1 min read
Terra Industries Leads $1 Million Investment in Nigerian Cybersecurity Startup Aeon
Nigerian cybersecurity startup Aeon has raised $1 million in a pre-seed funding round led by Terra Industries, as the African defense and critical-infrastructure company expands into digital security. Terra Industries said on Sept. 18 that…
2 min read