Annie Njanja

The Latest from Annie Njanja

Kenyan legislative committee calls for Worldcoin shutdown in the country

A Kenyan parliamentary committee formed in August to investigate operations and activities of Sam Altman’s crypto project, Worldcoin, in the East African country, has recommended for it to be shut d

KSOC says it’s tackling cloud-native security in a way that is Kubernetes-first

The take-up of Kubernetes, a tool for managing containerized workloads, is only expected to increase as demand for cloud-native architectures and containerization continues. In terms of security, this

South Africa’s FinanceGPT simplifies financial analysis, set to interface in local languages

FinanceGPT is a generative AI startup built to help companies in their financial analysis tasks. Initially built for startups without in-house finance teams, and VCs looking to run financial health ch

Kenyan fintech FlexPay is helping shoppers save for future purchases

FlexPay Technologies is a Kenyan fintech out to enable consumers to afford products that would have otherwise been out of reach for them.

Roam unveils new EV bus model to tap Kenya’s mass transit sector

Kenya-based EV startup Roam has unveiled a new shuttle bus model dubbed Move, coming as the East African country continues to push for the adoption of electric vehicles. Roam (formerly Opibus) now pla

Tugende takes first step towards repayment of defaulted $5M Goldfinch loan

Tugende, a venture-backed lender based in Uganda, and Warbler Labs, the company building Goldfinch, a decentralized credit protocol, have agreed on a loan restructuring plan that may lead to the recov

Brine Fi challenges Coinbase, Binance with decentralized exchange as it nets Pantera-led $16.5M round

After the collapse of FTX, crypto traders have been looking for decentralized, non-custodial and safer ways to execute orders and store their assets. This explains why some decentralized crypto exchan

Catalyst Fund reaches first close to back climate-tech startups in Africa

The Catalyst Fund has reached the first close of its $40 million fund intended for investment in climate startups in Africa. The fund announced today an initial close of $8.6 million with the backing

Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet

Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments startup

Satgana appoints Anil Maguru as partner to back climate-tech startups in Europe, Africa

Europe-based climate-tech VC Satgana has appointed Anil Maguru, formerly an investment director at the firm, as its newest partner. Satgana, which emerged out of stealth last year, invests in climate

Why PE firm Alitheia is banking on women in Africa

African women-founders find it incredibly hard to raise capital from private markets, and even banks, a gap that “gender-lens” funds like Alitheia IDF exist to bridge. Alitheia IDF was co-founded

Meta and moderators agree to mediation on labor dispute

Content moderators suing Meta and its former content review partner in Africa, Sama, for alleged unlawful dismissal, have agreed to settle the case out of court. The 184 moderators have agreed to medi

Moniepoint cleared to acquire Kenyan fintech Kopo Kopo

The competition regulator in Kenya has given Moniepoint Inc. the green light to acquire Kopo Kopo, a Kenya-based company offering payments services and credit to businesses. Following the approval by

Twiga lays off 33% of its staff, disbands in-house delivery and introduces logistics marketplace

Twiga will conduct another round of layoffs to keep its business afloat amid macroeconomic headwinds that have made capital harder to raise, and forced venture-backed companies to scale down their ope

Zanifu raises $11.2M to scale its inventory financing offering in Kenya

Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million in debt-equity funding in a pre-Series A round led by Beyond Capital Ventur

Worldcoin ignored initial order to stop iris scans in Kenya, records show

Months before Kenya finally banned iris scans by Sam Altman’s crypto startup Worldcoin, the Office of the Data Protection Commissioner (ODPC) had ordered its parent company, Tools for Humanity, to s

Kenyan logistics startup Sendy shuts down, embarks on asset sale

Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCr

Worldcoin hopes to resume iris scans in Kenya

Sam Altman’s crypto startup Worldcoin yesterday faced its first major hurdle in Africa when authorities in Kenya suspended its iris-scanning activities (“proof of personhood verification”) over

Kenya suspends Worldcoin scans over security, privacy and financial concerns

Kenya was one of the first countries where Worldcoin — the controversial startup that aims to create a new “human identity and financial network” through eye scans and its own crypto

Nigeria’s Remedial Health gets QED backing in $12M round

Remedial Health, a Nigerian startup digitizing pharmacies and bringing efficiency to the pharmaceutical value chain, has raised $12 million Series A equity-debt funding to scale operations in the West
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