Spiro Nears Unicorn Status as $55M Investment Pushes Funding Round to $270M
The latest investment comes weeks after Spiro announced a $215 million raise backed by investors from Europe and Africa.
The latest investment comes weeks after Spiro announced a $215 million raise backed by investors from Europe and Africa.
Kenyan businesses reduced staffing levels in May for the first time in 16 months as weakening demand, high cost of ...
Kenya plans to introduce a 15% capital gains tax on offshore sales of local companies under the Finance Bill 2026
Microsoft’s planned $1 billion data centre project in Kenya has been delayed after talks with the government broke down over ...
ARTICLE by Dr Wahome Karanja, Kenya
The deal allows ShipAfrica to plug into Unlimit’s payment network, giving customers access to a wide range of local and ...
Zenith Bank PLC, a prominent Nigerian tier-one financial services provider, has denied acquiring Paramount Bank, Kenya, as part of its ...
The research stresses that over one-third of all venture funding in Africa since 2014 has gone to fintech, now the ...
M-KOPA, Africa's leading inclusive fintech, has surpassed 3 million active customers for the first time - a milestone that puts ...
In a strategic move set to redefine digital advertising in African e-commerce, Jumia (NYSE: JMIA), the continent’s leading online marketplace, ...
The move, which began quietly in March 2025, shows a change in strategy for Africa’s highest-valued startup
Swedfund’s investment aims to provide SMEs in sectors such as manufacturing, trade and agriculture with greater access to capital, enabling ...
Swedfund has announced a second investment of USD 7.5 million in Kenya's Victoria Commercial Bank (VCB) PLC. Small and medium-sized ...
This took up 29% of the total raised across Africa and topped the regional figures for East Africa, which as ...
This strategic expansion enables it to meet the rapidly increasing demand for electric motorcycles in the country, where over 1,100 ...
