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    EASTERN AFRICA

    EASTERN AFRICA

    Sanofi Invests in Kasha Global to Boost Healthcare Access in Africa

    The investment from Sanofi will provide Kasha with the resources to expand its operations into additional African countries.
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    Ecosystem News

    Kenya’s Chpter Raises $1.2 Million to Expand E-commerce Platform

    Although Chpter operates independently of Marketforce, some of its investors have previously participated in the latter’s funding rounds.
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    EASTERN AFRICA

    Ampersand Secure New Funding to Accelerate Electric Motorcycle Expansion in East Africa

    Ampersand, the Nairobi-based electric transport energy company, has announced a major financial boost with...
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    Ecosystem News

    Profit Over GMV: Wasoko and MaxAB Shift Focus in Landmark African E-Commerce Merger 

    The integration of their 16 subsidiaries across multiple countries involved a meticulous eight-month process, reflecting the complexities inherent in such large-scale deals.
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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.
    Updates

    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...

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    Industry

    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.
    Industry

    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.

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    Updates

    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.
    Updates

    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...
    Policy & Regulations Forum

    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.
    Updates

    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.

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