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UK Development Financier BII Backs Kenya’s ARC Ride with $5m to Expand Electric Motorcycle Network

The UK has invested more than £600m in climate-related projects in Kenya over the past decade, ranging from off-grid solar to green manufacturing.
Updates

South Africa’s MIC Turns to Black Women Founders in Inclusive VC Push

MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.
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UK Development Financier BII Backs Kenya’s ARC Ride with $5m to Expand Electric Motorcycle Network

The UK has invested more than £600m in climate-related projects in Kenya over the past decade, ranging from off-grid solar to green manufacturing.
Updates

South Africa’s MIC Turns to Black Women Founders in Inclusive VC Push

MIC, together with Grindstone — a business accelerator co-owned by Knife Capital and Thinkroom — has designed the programme to accelerate high-growth, Black female-owned businesses with scalable models.
Ecosystem News

Diaspora Dollars: US Passes 5% Tax Bill on Remittances — African Fintechs in the Crosshairs

For every $100 sent, the new legislation would withhold $5 in federal tax — on top of transaction fees already charged by fintechs and banks.
Ecosystem News

EGX Clears Egyptian BNPL Giant Valu for Stock Market Listing Amid $27M Fundraise

The shares will be listed under the ticker symbol "VALU.CA" in the Non-Banking Financial Services sector, effective May 22, 2025.

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