Kenya

M-KOPA crosses $1.6 billion in loans as pay-as-you-go market expands

M-KOPA Kenya, the Kenyan subsidiary of pay-as-you-go startup M-KOPA Holdings, has crossed $1.6 billion (KES 207 billion) in credit given…

4 weeks ago

From Moniepoint to Roam: 22 of Africa’s biggest tech rebrands

In the fast-moving world of technology, a company’s name can be both an identity and a promise. But as markets…

1 month ago

7 African startups driving collaboration, care, careers, and creativity

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

1 month ago

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)…

2 months 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…

2 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

3 months 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…

4 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…

5 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…

5 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…

7 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,…

7 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…

7 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…

7 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…

7 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%…

8 months ago