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    EASTERN AFRICA

    Kenya-Based VC Firm DOB Equity Pivots Investment Strategy Under New CEO

    As DOB Equity embarks on this new chapter, the industry will be closely observing how the firm’s refocused strategy will shape its future.

    Safaricom’s Latest $813M Health-Tech Investment Sparks Concerns for Kenyan Startups

    As Safaricom prepares to roll out the IHTS, Kenyan health-tech startups are grappling with the potential impact.

    Ethiopian Banks Fight for Their Share of Remittances with $900M DEBO Fund

    Currently, recipients of remittances in Ethiopia have a variety of options, including mobile money services, cash pickups through agents, and direct bank deposits.

    Kenya’s Jackfruit Finance Secures Funding to Advance Education Financing

    Jackfruit Finance’s approach involves a technology-driven solution that simplifies the loan application process for schools.
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    Zipline Doubles Down on US Expansion With $1.5bn Raise Ring-Fenced for American Network

    Drone delivery group's valuation nearly triples to $21.5bn as Walmart commits to 300 new sites, but capital is explicitly earmarked for US build-out while African operations rely on separate government-backed financing.

    Why This Ex-Lantmäteriet Developer Is Building a SaaS Layer for African Property

    James Muricho says he began building a land information system in 2004 and has funded it alone since. Twenty-two years later, the Kenyan entrepreneur, who lives in Gävle in Sweden, is turning it into a service for people who buy land in Kenya, where...

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Zipline Doubles Down on US Expansion With $1.5bn Raise Ring-Fenced for American Network

    Drone delivery group's valuation nearly triples to $21.5bn as Walmart commits to 300 new sites, but capital is explicitly earmarked for US build-out while African operations rely on separate government-backed financing.

    Why This Ex-Lantmäteriet Developer Is Building a SaaS Layer for African Property

    James Muricho says he began building a land information system in 2004 and has...

    Nigeria’s New Stablecoin Rules: $11M, a Local Office, and a Prayer for Startups Without Bank Balance Sheets

    Central bank’s 200-page rulebook trades prohibition for licensing — and sets the bar high enough to make bankers of crypto founders.

    Yellow Card Acquires Brazil’s GoMoney to Secure Direct LatAm Foothold

    The acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. converts Yellow Card’s Brazilian presence from a purely cross-border proposition into a locally regulated operation.