MoKo
Funding Investment Marketplace Startup

MoKo, a Home Furniture Startup, Secures $6.5m Funding to Grow its Kenyan Presence

MoKo Home + Living, a Kenya-based home furniture manufacturer, and omnichannel retailer, has secured a $6.5 million Series B debt-equity

Purple Elephant Ventures
Funding Investment Startup Venture Capital

Kenyan Tourism-focused Venture Studio, Purple Elephant Ventures Secures $1m Funding

Purple Elephant Ventures (PEV), the Kenyan tourism-focused venture studio, has closed a $1 million pre-seed to build the next generation of

Turaco
Funding Insurtech Investment Venture Capital

Kenyan Insurtech, Turaco Gets $10m Series A Backing

Turaco, the Kenyan insurtech startup, has announced the close of a $10 million Series A equity round led by AfricInvest,

Microsoft
Appointment

Microsoft Appoints New Head For its Kenya Operations

Microsoft has appointed Phyllis Migwi as the Kenya Country Manager. Phyllis has an excellent track record as a leader and

Roam
Electric Vehicle Product Launch

Roam Launches Kenya’s First Electric Mass Transit Bus, Roam Rapid

Roam (prev. Opibus), has announced the launch of a new electric Mass Transit Bus, the Roam Rapid, which is specifically designed to

Lori Systems
Funding Logistics Venture Capital

Lori Systems, a Kenyan Logistics Startup, Gets Funding From Google

Lori Systems, a Kenyan logistics startup that provides shippers with digital solutions to efficiently manage their cargo and transporters, has secured

HAVAÍC
Financial Inclusion Financial Services Fintech Funding Investment Venture Capital

Kenya’s FinAccess Secures $500k Funding From HAVAÍC to Grow Across Africa

FinAccess, the Kenya software solutions provider that digitises community banks or SACCOs (Savings & Credit Cooperative Organisations) and farming co-operatives

Scams
Cyber security Security

Phishing and Scams Rises in Kenya, Nigeria With a 438% and 174% Increase in the Number of Detections in Each Country Respectively in Q2 2022

Kaspersky analysis has revealed that attacks related to data loss threats (phishing and scams/social engineering) increased significantly in Africa in

Funding Investment Venture Capital

Kenya’s CrewHR Becomes FaidiHR After Securing Undisclosed Funding From SprintX

Crew HR & Payroll, a Kenyan HR and paytoll startup, has rebranded to FaidiHR after it received an undisclosed amount

Flutterwave
Fintech Payment

Kenya High Court Freezes Millions Belonging to Flutterwave

A Kenyan High Court has frozen more than $59 million belonging to Flutterwave, the African payment firm. The money according