Startups

Yango Group Buys Stake in Kenyan Fintech Firm Zanifu

Yango Group, a UAE-based tech company, has announced a new investment in Zanifu, a leading Kenyan fintech platform that provides access to working capital for small and medium-sized enterprises (SMEs). In addition to funding, Yango Group will support Zanifu in shaping its long-term business structure and growth strategy — drawing on the Group’s operational experience […]

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African Angel Academy Launches 12th Cohort to Bridge Africa’s $194B Startup Funding Gap

The African Angel Academy (AAA), an angel investor training organization, has launched its 12th cohort adding to the more than 770 investors it has trained from over 26 African countries. The Academy has unlocked $53.6 million in funding for startups and innovation. Of this total, $7.2 million represents direct investments by AAA-trained angels, while curated

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Little Launches Affordable Medical Cover for Drivers at Sh83 a Day

 Ride-hailing company Little, in partnership with Maisha Poa and underwriter BirdView Insurance have launched a new, budget-friendly medical insurance plan for its drivers. The initiative, named Mfanisi Go, aims to bridge the health insurance gap among Kenya’s digital taxi drivers, a segment often excluded from traditional health coverage. Mfanisi Go offers daily health cover starting

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Watu Credit Expands Digital Access with Over 3 Million Smartphones Financed

Watu Credit, a fast-growing asset financing company, has announced it has financed over 3 million smartphones across eight African countries, marking a major milestone in its mission to expand digital inclusion on the continent. Speaking in an interview with Capital FM Business, Kevin Michuki, the firm’s Head of Growth, said the achievement reflects growing demand

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Britam Invests $38,000 into Oye, a Kenyan Insuretech Serving Boda Bodas

British-American Investments Company (Britam Holdings Plc) has invested KES 5 million ($38,000) in Oye, a Kenyan fintech startup offering credit and microinsurance products to low-income earners, primarily targeting the country’s fast-growing Boda Boda riders and the gig economy. Britam aims to use Oye to reach in the underserved microinsurance segment through innovative distribution models. Oye

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