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Investment

Accion Ventures’ $61.6M Fund Drives African Fintech Innovation

Accion Ventures, the U.S.-based venture capital arm of the global nonprofit Accion, has successfully closed its second fund at $61.6 million, nearly doubling the...

IX Africa Gains Funding to Expand Nairobi Data Centre

IX Africa Data Centre Limited has secured a significant multi-tranche funding package from Rand Merchant Bank (RMB), a division of FirstRand Limited, to accelerate...

AfricArena Nairobi 2025 Spotlights ClimateTech Innovation Sector

The African tech ecosystem is once again in the spotlight as AfricArena prepares to host its two-day ClimateTech Summit in Nairobi on 9-10 September...

Meta, Safaricom sign $2.9bn subsea cable agreement

Meta has officially taken a significant stake in Safaricom’s $2.9 billion subsea fibre-optic cable project, known as the Daraja Fibre Optic Cable. This ambitious...

Kenya Reasserts Commitment to Responsive AI Defense

Kenya has reaffirmed its commitment to advancing the responsible use of Artificial Intelligence (AI) in the defence and security sectors, stressing that emerging technologies...

Kenya, Kuwait to Sign MOU on Digital Transformation Cooperation

Kenya has taken another strategic step in advancing its digital economy through a new partnership with Kuwait. Hon. William Kabogo Gitau announced the collaboration...

Bitget Broadens Kenyan Access to Tokenized Stocks, RWAs

Bitget has introduced tokenized stocks to the Kenyan market, giving traders access to leading U.S. companies such as Apple, Tesla, and Amazon through its...

Absa Bank Unveils Shariah-compliant Account for Women Enterpreneurs

Absa Bank Kenya has launched La Riba Sultanah, the country’s first Shariah-compliant bank account tailored specifically for women entrepreneurs. The new product is designed...

President Ruto Plans Kenya-Japan Labour Mobility Framework Expansion

18 hours ago • Visible to anyone on or off LinkedIn President William Samoei Ruto, PhD has announced that Kenya will establish a formal labour...

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