kenya

BRCK acquires ISPs EveryLayer and Surf to boost Africa’s public Wi-Fi

Kenyan communications hardware company BRCK has acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a deal of an undisclosed amount.

Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot

A high court in Zimbabwe ended the government’s restrictions on internet and social media last month.

Partech is doubling the size of its African venture fund to $143 million

The Partech Africa Fund plans to make 20 to 25 investments across roughly 10 countries over the next several years.

Connecting African software developers with top tech companies nets Andela $100 million

Andela, the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, has raised $100 million in a new round of funding. The new financ

Netflix rival Iflix offloads its Africa business to focus on Asia

Iflix, the emerging-market Netflix competitor that’s backed by Sky, is leaving Africa to double down on its business in Asia. The Malaysia-based company announced today it has sold the remaining

African fintech startup Jumo raises $12.5M more to fund Asia expansion

Months after a big round, African fintech startup Jumo has pulled in a fresh $12.5 million to add more fuel for its expansion into Asia Pacific. The new investment comes from London-based investment f

SimbaPay launches Kenya to China payment service over WeChat

Forging another link between Africa and China's digital economies, the African-focused money transfer startup SimbaPay and Kenya’s Family Bank have launched an instant payment service from East-

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal.

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

African financial technology startups move beyond payment services

If mobile money was the first phase in the development of digital finance in Africa, the next phase of digital financial services on the continent will focus on lending, insurance and wealth manageme

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

African experiments with drone technologies could leapfrog decades of infrastructure neglect

With a $10 million round, Nigeria’s Paga plans global expansion

MallforAfrica goes global, Kobo360 and Sokowatch raise VC, France explains its $76M fund

B2B e-commerce company Sokowatch closed a $2 million seed investment led by 4DX Ventures. Others to join the round were Village Global, Lynett Capital, Golden Palm Investments and Outlierz  Ventu

MallforAfrica and DHL launch MarketPlace Africa global e-commerce site

MallforAfrica and DHL are giving African merchants a global stage. This week the online retailer and delivery giant launch MarketPlaceAfrica.com: an e-commerce site for select African artisans to se

African VC TLcom Capital invests $5M in Nigerian data analytics firm Terragon Group

EdTech is having a renaissance, powered by the emerging world

So-called ‘EdTech’ has seen many false dawns over the years. After being lauded as the teaching platforms of the future, most MOOCs (Massive Open Online Course platforms) have not quite li

Uber Eats will expand to 100 new cities in Europe, the Middle East and Africa in 2018

Uber Eats is pushing its international growth with a sizeable expansion across EMEA markets today. The Uber-owned on-demand food delivery app intends to serve 100 new cities spanning Europe, the Middl

Africa Roundup: Uber says it’s staying, Konga could be epic startup fail

Despite exit rumors and quitting Morocco, Uber is staying in Africa, according to its General Manager for Sub-Saharan Africa, Alon Lits. Speculation Uber could leave the continent surfaced late last

Uber launches a new lower-priced service called Chap Chap in Nairobi

Uber has launched a new, lower-cost service in Nairobi called Uber Chap Chap. Made possible by using a fleet of fuel-efficient budget sedans, Uber Chap Chap (Swahili slang for "hurry, hurry") is curre
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