5+ day, 7+ hour ago   (463+ words) The commitments were made during a Ministerial Breakfast Briefing held on the sidelines of the fourth edition of the ITW and Datacloud Africa Conference in Nairobi, which brought together government officials and industry stakeholders to explore opportunities in Africa’s digital…...

5+ day, 5+ hour ago   (537+ words) ARC Ride has raised $33.3 million in a new financing round as the African electric mobility company moves to scale its battery-swapping network, adding thousands of electric motorcycles and entering new markets across sub-Saharan Africa. The round was led by Novastar…...

6+ day, 7+ hour ago   (1572+ words) More than 10 electric motorcycle and three-wheeler manufacturers are preparing to enter Kenya after Indian battery technology company SUN Mobility launched a shared battery-swapping network in Nairobi and Mombasa. The more consequential part of the development, however, sits beneath the motorcycles....

6+ day, 22+ hour ago   (790+ words) Kenya’s digital infrastructure ambitions gained another major piece with the launch of the NBO2 data centre in Nairobi, a facility designed to serve cloud providers, financial institutions, enterprises and internet service providers. The facility, operated by iColo and now officially part…...

1+ week, 7+ hour ago   (1395+ words) Ten years after entering Kenya, Bolt has grown from a ride-hailing newcomer into a significant part of the country’s digital mobility economy. The company says it has invested more than KSh19 billion (€130 million-plus), connected over 8 million riders and created income opportunities…...

1+ week, 11+ hour ago   (168+ words) The company has rolled out more than 3,500 network sites since receiving its license, extending coverage to about 60 percent of Ethiopia’s population. All sites are 4G-enabled and 5G-ready. “This represents one of the fastest network rollouts by a greenfield telecom operator…...

1+ week, 4+ day ago   (275+ words) HFO Investments, advised by Athena Capital and Option 3 Capital, has joined Instarc as a strategic investor through the transaction. The company plans to use the investment to expand its commercial presence in South Africa, where regulatory requirements under the Financial…...

1+ week, 5+ day ago   (332+ words) Doage is betting that commercial execution will become a bigger priority for Africa’s InsurTech sector as insurance startups move beyond product development and fundraising to focus on sustainable growth. The strategy comes as African InsurTech companies face growing expectations to…...

1+ week, 6+ day ago   (302+ words) Japanese electronics maker Epson has opened a significantly expanded regional office in Nairobi, growing its Kenyan office footprint by 50 percent as it deepens investment in East Africa. The company has put Sh19,417,500 into the expansion, part of a wider push into…...

1+ week, 6+ day ago   (404+ words) Kenya Airways has announced the departure of Capt. George Kamal from his role as Acting Group Managing Director and Chief Executive Officer, with the airline’s Board appointing Habil Waswani as his interim successor. Chairman Kiprono Kittony confirmed the exit in…...