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VC firm Assembly Ventures closes $76 million mobility fund | Crain's Detroit Business

Assembly Ventures, a global venture-capital firm focused on the mobility sector co-founded and funded by some metro Detroit business luminaries, said Wednesday it closed a $76 million fund. Economic headwinds have dampened the overall global venture market. But Assembly Ventures bucked the…
United States Joe Hinrichs Kirk Steudle Jessica Robinson Dan Gilbert Tony Posawatz

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Nigerian Prop-Tech Startup Spleet Raises $2.6m Seed Round

Nigerian prop-tech startup Spleet has closed a US$2.6 million seed round to scale its residential rent focused products. Founded by Tola Adesanmi in 2018 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year upfront payment options, Spleet allows homeowners to rent to vetted individuals, while
Tola Adesanmi Marlon Nichols Hoaq Fund Assembly Fund Francis Fund Mac Venture
Source: howng.com

Nairobi County sets aside Sh246m for MCAs car grant

Nairobi County sets aside Sh246m for MCAs car grant Wednesday March 03 2021 By COLLINS OMULO Summary Nairobi County Assembly has set aside Sh246 million in its supplementary budget to cater for car grant for its members, becoming the first assembly to implement the BBI carrot dangled by President Uhuru Kenyatta. The new development will now see car loans advanced to the 122 MCAs at the city assembly converted into car grants. Nairobi County Assembly has set aside Sh246 million in its supplement...
Nairobi Area James Mburu Uhuru Kenyatta Assembly Clerk Edward Gichana Nairobi County Assembly Commission Chairperson Lyn Mengich

Through the dark fog that is the THA's finances

Through the dark fog that is the THA’s finances Part II THE THA’S considerable financial and accounting inadequacies, as documented by the Auditor-General’s Office in its two recent reports on the 2016 financial year, may – probably do – reflect in part an element of bureaucratic slackness. But one would be extremely unwise to dismiss the possibility of other factors. Here are some comparative excerpts from auditor general’s reports on the THA over the years. Capital expenditure (De...
Reginald Dumas Urp Improvement Fund Assembly Fund Development Programme Contingencies Fund Accumulated Unspent Balances

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