The current chapter will introduce market-enabling digital platforms1-- that is, technology companies, particularly start-ups, that are specialized intermediaries providing the necessary information and facilitation for buyers and sellers to do business--as a new lens and frame of reference. The lens...
With 27% more start-ups receiving funding last year, 397 local businesses raised more funding than ever before, and the continent’s ‘big four’ countries – Kenya, Nigeria, South Africa, and Egypt – accounted for 89.2% of the total investment. But it was Kenya that took the lead for ...
Kenyan start-ups got Sh91.4 billion from venture capital (VC) funds last year, defying a global decline in such funding and the closure of tech companies. A new report by African Private Equity and Venture Capital Association (AVCA) titled Venture Capital in Africa shows Kenya received...
inKenyan News,Startups Reading Time: 2 mins read Kenyan startups Digiduka and OkHi are among eight African startups selected for Facebook commerce accelerator program. The program running for 12 weeks aims to equip the start-ups with customer relations skills and ways to create a ...
NAIROBI, June 26 (Xinhua) -- Two start-ups from Kenya and Zambia were on Wednesday declared winners of the 2019 Ashden Award that seek to reward organizations on the frontline of green energy revolution. Zambia's Renewable Energy Efficiency Program which is funded by Beyond the Grid Fund Zambi...
Kenya is home to several start-ups such as Twiga Foods and Komaza, among others, attracting billions of shillings annually from international investors. The most active investors in the continent are Launch Africa with more than 44 deals, Kepple Africa (32), Y Combinator (27),...
Phyllis Wakiaga, chief executive officer of Kenya Association of Manufacturers, said that the operationalization of a state-run SME fund will be a game-changer in efforts to boost their competitiveness in the local and regional markets. "Financing of local start-ups should be accompanied by regula...
The incorporation of a company limited by guarantee to invest in seed stage startups, builds on theSpark Fund– an investment entity by Safaricom PLC governed by a Board of Trustees—designed to empower, and nurture seed-stage start-ups across Kenya. This new entity...
Call for Applications: DeveloPPP Ventures Cohort 8 – EUR 100K Non-dilutive Funding and Technical Support for Innovative Start-ups in Kenya to Catalyse Matching Investments November 20, 2024 SGR Passenger Traffic Drops by 9% in 9 months November 20, 2024 Cabinet Secretaries Under Pressure to Meet...
“As an accelerator, we are seeking to enable more African start-ups, allowing them to access more capital through a scale-up program,” said Jonas Tesfu, CEO and Cofounder of the Norwegian Accelerator. ADVERTISEMENT ALSO READ:Norwegian accelerator, Pangea Sets Base in Kenya...