Swedfund Commits $7.5M to Kenya’s Victoria Commercial Bank to Boost SME Financing
Swedfund’s investment aims to provide SMEs in sectors such as manufacturing, trade and agriculture with greater access to capital, enabling ...
Tag: kenya
Swedfund Invests Additional $7.5m in Kenya’s VCB, Boosts SME Lending
Swedfund has announced a second investment of USD 7.5 million in Kenya's Victoria Commercial Bank (VCB) PLC. Small and medium-sized ...
Kenya Leads Africa’s Startup Funding with $638m in 2024, Nigeria Follows with $400m
This took up 29% of the total raised across Africa and topped the regional figures for East Africa, which as ...
Ampersand Expands Nairobi Facility, Tripling EV Motorcycle Production Capacity
This strategic expansion enables it to meet the rapidly increasing demand for electric motorcycles in the country, where over 1,100 ...
M-KOPA Ordered to Pay $6.8 Million in Taxes After Losing Appeal in Kenya
Central to the tribunal’s decision was the determination that M-KOPA’s key business operations and management decisions were largely made within ...
Kenya Accounts for 32% of $780m Raised by African Tech Startups in H1 2024
The total H1 2024 funding represents a 31% decline from the total funding attracted in the second half of 2023
Major Internet Disruption in Kenya Amid Protests Over Finance Bill
Earlier, the Communications Authority of Kenya had issued a statement denying any intention to interfere with internet connectivity
Microsoft and G42 to Build Geothermal-Powered Data Center in Kenya
The initial phase of the project will have a capacity of 100 megawatts, with plans to expand to 1 gigawatt ...
Kenya Leads the Big Four – Attracts the Most Startup Funding Raise in Africa 2023 – Report
The total funding raised by African startups in 2023 amounted to $3.2 billion, with Kenya overtaking Nigeria with $800 million ...
The University Degree Saga: Changing the Nigeria Academic Narrative
Writer: OLUTAYO IRANTIOLA The unfolding University degree saga in Nigeria has brought to the fore the need for our country ...
Kenya’s Mobile-first Strategies Make Fintechs Vulnerable to Cyber Attacks
Kenya’s burgeoning financial technology sector has witnessed remarkable growth in recent years. However, recent media reports raise concerns that this ...
Kenya Launches Locally Assembled Smartphones to Boost Digital Inclusion
Priced at $50, the Neon Smarta and Neon Ultra smartphones were built with 5-inch and 6.5-inch display respectively, both equipped ...
The African Challenge: Cybersecurity Awareness on the Continent
The challenge is that people are still taking unnecessary risks, in spite of their growing awareness and understanding of cybercrime ...
True Cost of Covid-19 for Africa’s Healthcare System
ARTICLE by Dr Wahome Karanja, Kenya
