Kenya
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News
IFC invests in Equator Africa Fund I to support African climate sector tech businesses
NAIROBI, October 4, 2024 –The International Finance Corporation [ IFC ] is to invest in Equator Africa Fund I, marking its first-ever investment in a venture capital fund entirely focused on supporting…
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Ivorian Fintech, Daba Finance crowned 2024 Ecobank Fintech Challenge winner, taking home US$ 50,000
LOMÉ, September 30, 2024 — Ecobank, the leading pan-African financial services group, announced Daba Finance, the Ivorian Fintech, as the Grand Winner of its flagship Ecobank Fintech Challenge 2024. Twelve innovative fintech startups competed…
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M-KOPA reaches 5mln customers, unlocking US$ 1.5bln in credit across five markets
KAMPALA, September 25, 2024 — MP-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers…
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COMESA Launches Horticulture Trade Mission to the European Union
KAMPALA, September 24, 2024 — Representatives of 11 Small and Medium Enterprises [SMEs] from Egypt, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Uganda, Zambia, and Zimbabwe recently undertook a horticulture engagement mission to the…
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Coca-Cola unveils initiative to address water-related challenges in Africa
KAMPALA, September 16, 2024 — The Coca-Cola Company in Africa and its bottling partners Coca-Cola Beverages Africa [CCBA], Equatorial Coca-Cola Bottling Company [ECCBC] and Coca-Cola HBC are to invest nearly US$ 25…
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SACCO Supervision Annual Report 2023 released in Kenya showing industry growth
NAIROBI, September 15, 2024 – The Kenyan Cabinet Secretary for the Ministry of Cooperatives, Micro, Small & Medium Enterprises [MSMEs], FCPA Wycliffe Ambetsa Oparanya recently released the SACCO Supervision Annual Report 2023…
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Liquid Intelligent Technologies increases resilience in its cross-border capacity between Kenya and Uganda
KAMPALA, September 11, 2024 — In yet another milestone, Liquid Intelligent Technologies, a business of Cassava Technologies, a leading technology company of African heritage, has announced the upgrade of its 1,300-kilometre fibre…
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New entity to oversee Uganda’s coffee and dairy sectors
KAMPALA, September 10, 2024 – As the government advances its agency rationalisation efforts, the Uganda Coffee Development Authority [UCDA] and the Dairy Development Authority [DDA], along with other agricultural semi-autonomous agencies in…
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Ex-boyfriend who killed Ugandan athlete dies from burns
NAIROBI, September 10, 2024 – The former boyfriend of Ugandan Olympic athlete Rebecca Cheptegei, who killed her by setting her on fire, has himself died from burns sustained in the attack, a…
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African experts call for debt-free climate financing ahead of COP29
ADDIS ABABA, September 6, 2024 — Just two months ahead of the 29thsession of the global climate change negotiations in Baku, Azerbaijan, policymakers, experts and advocates at the 12th Session of the…
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