In 2015, Watu Credit co-founder Andris Kaneps physically transferred a small cash loan to a women’s group in Kenya’s coastal…
After over a decade of investment and expansion across Africa, M-KOPA has finally turned a profit. The Nairobi-based asset-financing startup…
Watu, a Kenyan buy-now-pay-later startup, is targeting revenues of KES 44 billion ($340 million) in 2025 as it pivots towards…
Uganda has no shortage of hackathons, accelerators, or training programmes for young entrepreneurs. What it lacks is money. “Everyone wants…
When Leon Kiptum left his role at Flutterwave in June, his goodbye post on LinkedIn didn’t read like the end…
Two weeks after entering administration in March, Kenyan buy-now-pay-later (BNPL) startup Lipa Later co-founder, Eric Muli, tried to raise $5…
On most maps of African venture capital, Uganda does not even make the key. Investors, accelerators, tech reporters—almost everyone has…
Kenya is proposing to scrap tax breaks on employee stock ownership plans (ESOPs) for early-stage startups, a move that risks…
The Competition Authority of Kenya (CAK) has cleared Nigerian fintech Moniepoint to acquire a 78% stake in Sumac Microfinance Bank,…
Craydel, a Kenyan edtech that helps students apply to universities abroad, has launched in Rwanda and is expanding its Nigerian…
Safaricom’s M-Pesa is set to join the Pesalink network, which could significantly reshape Kenya’s digital payments landscape. In a proposal…
Ampersand, a Rwandan electric motorcycle manufacturer, has raised a $2 million Series A extension to expand to other East African…
PrivPay, a Kenyan fintech that allowed customers to make M-PESA transactions without revealing their personal details, shut down in May…
Mobius Motors, a Kenya-based automaker backed by Playfair Capital, has entered a voluntary liquidation after efforts to rescue the company…
The Central Bank of Kenya (CBK) plans to issue payment licences to fintech startups soon, an important softening of an…
In recent years, a handful of Latin American fintechs have made inroads into Africa to tap into its growing digital…
Months after the board of the agricultural data platform Gro Intelligence replaced CEO and founder Sara Menker, the New York…
Tanzania’s Central Bank will no longer allow unlicensed digital lenders to operate in the country and has told customers to…
Cellulant, the pan-African payments startup valued at $133 million in 2022, has named new executives three months after the CEO…
Roam, a Kenyan-based electric mobility company, has secured a partnership with Mogo, an asset financier in East Africa, to boost…