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    EASTERN AFRICA

    EASTERN AFRICA

    “No Evidence of Corruption”: Twiga Foods CEO Denies Allegations of Misconduct, But Key Questions Remain

    "The current leadership and Board have not seen any evidence of corruption or personal benefit linked to this lease."
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    EASTERN AFRICA

    New Insolvency Spree Sweeps Through Kenya’s Tech Scene Amid Funding Downturn

    From well-publicised insolvency proceedings to lesser-known cases, a wave of Kenya-based startups are increasingly choosing the tough route.
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    EASTERN AFRICA

    From Near-Closure to New Ownership: Kenya’s Mobius Motors Sold to Middle East Investors in Rescue Bid

    Alongside the acquisition announcement, Silver Box unveiled a leadership transition at Mobius.
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    EASTERN AFRICA

    Norfund Doubles Its $40M Investment in CrossBoundary Energy Two Years After

    In July 2022, CrossBoundary Energy announced the completion of a US$40 million equity investment from Norfund and KLP, Norway’s largest pension company.
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    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.
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    The Five Countries Capturing 90% of Africa’s AI Funding

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    Moniepoint Rides Wave of Nigerian Fintech Consolidation as Venture Funding Retreats

    While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.
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    From Kiosks to Cloud: The Tech Stack That Made GoTyme Bank Africa’s First Profitable Neobank

    South African digital lender GoTyme Bank — recently rebranded from TymeBank to align with its global parent company .

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    Zipline Chases US Scale With Fresh $200M as Sovereign Debt Strains African Network

    Zipline's foundational public health operations in Africa are showing severe strain under the weight of unpaid government contracts.
    Analysis & Opinions

    The Five Countries Capturing 90% of Africa’s AI Funding

    Analyzing the five markets reveals three cross-cutting insights.
    Partner Content

    Apis Logs $1B in Gains as iKhokha and Baobab Deals Heat Up African Fintech 

    "We engage with buyers before we invest."
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    Egypt’s Telda Abandons the Unbanked to Chase Egypt’s Consumer Credit Boom

    Startup backed by Sequoia Capital abandons original focus on the unbanked to build a vertically integrated financial group.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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