The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.
From Fintech to Cleantech, American investors are moving beyond seed cheques, leading mega-rounds and signaling a new phase of maturity for the continent's ecosystem.
The deal, backed by major local and international banks, highlights a market consolidation as smaller pay-as-you-go solar companies struggle to stay afloat.
The tech giant’s latest moves—spanning venture funding, academic grants, and digital upskilling—signal a long-term bet on Africa’s potential to drive AI innovation tailored to local challenges.
Following the departure of Wasoko founder Daniel Yu as CEO late last year, the combined entity is now aggressively reshuffling its regional leadership...