Kenya

Kenyan court orders Twiga Foods to pay ex-employee $7,800 for unfair dismissal

Twiga Foods, a Kenyan B2B startup, has been ordered to pay a former sales representative over KES 1 million ($7,800)…

59 mins ago

7 African startups transforming health records, human resource, and home care

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured seven…

1 week ago

If you can win in Africa, Watu Credit thinks you can in Latin America

In 2015, Watu Credit co-founder Andris Kaneps physically transferred a small cash loan to a women’s group in Kenya’s coastal…

2 weeks ago

M-KOPA turns its first-ever profit as revenue surges 66% to $416m

After over a decade of investment and expansion across Africa, M-KOPA has finally turned a profit. The Nairobi-based asset-financing startup…

2 weeks ago

7 African startups transforming learning, labour, lifestyles, and local trade

7 African startups reinventing healthcare, employee management, e-commerce, and education Startups On Our Radar spotlights African startups solving African challenges…

2 weeks ago

Kenya’s Ilara Health cuts staff as funding crunch forces restructuring

Ilara Health, a Kenya-based healthtech company that helps primary care clinics deliver better healthcare, is restructuring its operations and laying…

4 weeks ago

Banking on phone loans, Kenya’s Watu targets $340 million revenue in 2025

Watu, a Kenyan buy-now-pay-later startup, is targeting revenues of KES 44 billion ($340 million) in 2025 as it pivots towards…

4 weeks ago

7 African startups reimagining fintech, freight, and forex trading

Startups On Our Radar spotlights African startups solving African challenges with innovation. In our previous edition , we featured 5…

1 month ago

Signvrse is pushing for real-time sign language interpretation

Before the COVID-19 pandemic, Elly Savatia was running robotics workshops across Kenya. Until a visit to a high school in…

2 months ago

Leon Kiptum, fintech executive who believed in people and purpose, dies at 44

When Leon Kiptum left his role at Flutterwave in June, his goodbye post on LinkedIn didn’t read like the end…

3 months ago

Lipa Later sought $5 million from UK lender two weeks after entering administration

Two weeks after entering administration in March, Kenyan buy-now-pay-later (BNPL) startup Lipa Later co-founder, Eric Muli, tried to raise $5…

3 months ago

Kenya to scrap tax breaks on startup employee stock options in 2025 Finance Bill

Kenya is proposing to scrap tax breaks on employee stock ownership plans (ESOPs) for early-stage startups, a move that risks…

5 months ago

Moniepoint gets approval to acquire 78% stake in Kenya’s Sumac after KopoKopo setback

The Competition Authority of Kenya (CAK) has cleared Nigerian fintech Moniepoint to acquire a 78% stake in Sumac Microfinance Bank,…

5 months ago

Roam, M-Kopa top Kenyan firms on FT Africa’s fastest-growing companies list

Three Kenyan startups—Roam Electric AB, M-KOPA Holdings Ltd, and Victory Farms Ltd—have been named among Africa’s fastest-growing companies in the…

5 months ago

Onafriq appoints former PPRO chief Simon Black as board chair

Onafriq, a pan-African digital payments network, has named Simon Black as chair of the board of its UK holding company…

5 months ago

Kenyan edtech Craydel expands to Rwanda, taps Nigerian talent in Pan-African push

Craydel, a Kenyan edtech that helps students apply to universities abroad, has launched in Rwanda and is expanding its Nigerian…

5 months ago

Why Kenyans are using mobile money more but sending less

The value of mobile money transactions in Kenya dropped sharply over the 12 months to February 2025, falling by 19.6%…

6 months ago

Tala lays off 28 staff as loan defaults and customer queries fall

Digital lender Tala has laid off 28 employees from its customer operations team, citing a reduced workload due to fewer…

6 months ago

Kenyan digital lender Whitepath fined $2,000 for unlawful data use in second privacy violation

Kenya’s Office of the Data Protection Commissioner (ODPC)  has fined digital lender Whitepath KES 250,000 ($2,000) for violating data privacy…

7 months ago

Safaricom, Kenyan commercial banks propose Pesalink for national payments overhaul

Safaricom and the Kenya Bankers Association (KBA) have proposed that Pesalink become the preferred next-generation fast payment system (FPS) in…

9 months ago