M-Kopa to inject Sh1.3bn to boost e mobility uptake
Kenya now becomes the first market that Bolt has launched the electric two wheelers.
Source: the-star.co.ke
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Kenyan startups led Africa in 2023 with Sh127bn funding
Debt funding represented 56percent of the amount raised in the East African region as 130 start-ups raised $100,000 (Sh16 million) or more in 2023.
Source: the-star.co.ke
6 Kenyan innovators bag Sh13m through Africa Mradi challenge
The initiative is designed to promote innovation.
Source: the-star.co.ke
F|T: The FinTech Times – PayPal spent $1 billion on Xoom, now facing pressure to sell
Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe.
United States United Kingdom David Appel Silicon Valley Bank United State Federal Deposit Insurance Corporation The Globe And Mail
Source: betakit.com
Solar solution to the price hike in kerosene
Poor households were hit hardest by Sh15 rise in the fuel price
United Kingdom South Africa Nairobi Area Jesse Moore British International Investment Lion Head Group
Source: the-star.co.ke
Kenyan fintech M-Kopa raises record Sh35bn in debt and equity
M-Kopa said on Monday that the capital injection includes Sh7.5 billion ($55 million) and Sh27.4 billion ($200 million) in debt.
Source: businessdailyafrica.com
Boda boda sector, vendors drive buy-now-pay later model in Kenya
Shoppers have been forced break up payments on high inflation.
Source: the-star.co.ke
Manufacturer taps battery, performance to edge out competition
Its latest devices have increased capacity for both camera and storage.
Source: the-star.co.ke
Solar firm M-Kopa to get Sh7.9 billion IFC loan
Solar and financial technology firm M-Kopa Holdings Limited has received Sh7.94 billion ($65 million) from the International Finance Corporation to fund its business in Kenya and Uganda.
Source: businessdailyafrica.com
Scramble rages for ultimate electric car financial prize
Players in the clean mobility segment target the nascent sector to cash in on shift from fossil fuels.
Source: nation.africa