In May 2019, Serge Boupda found himself in the spotlight at the Vivatech trade fair in Paris, pitching his startup, Diool, to a room of eager investors. His goal was to secure $1.5 million in funding. Boupda’s Diool, a fintech company that had pivoted from a mobile recharge retailer to a financial services platform for small merchants in Cameroon...
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.
