Kenya is a country in East Africa known for its diverse landscapes and rapidly growing digital finance sector.
Nigeria lags behind in startup funding after four-year dominance
African startups raised about $2.8 billion in funding by August 2025. Kenya raised $879 million and South Africa $848 million, surpassing Nigeria's $186 million.
BCEAO Grants First Licenses Under New Fintech Rules to FeexPay and Cinetpay
Bolttech is preparing to enter the Kenyan market in October. The company has partnered with LOOP, a digital banking service from NCBA Bank Group.
The Rise of AI Startups in Africa: Tools, Trends & Talent
South Africa is leading the AI landscape with strong telecom and financial sectors. Nigeria is emerging as a significant AI hub, particularly in credit scoring and agriculture.
Kenya Accelerates Electric Mobility Drive With Major Funding Boosts
Kenya secured a 25-billion Japanese yen (≈ USD 168 million) Samurai loan from Japan to support electric mobility initiatives. USD 102 million from the loan will enhance local EV manufacturing and assembly, reducing reliance on imported vehicles.
Bolt brings dash cam app to Kenya as drivers demand more safety
Bolt introduced a dash cam app in Kenya to enhance safety for drivers and riders. The dash cam feature uses drivers' smartphones to record video during trips.
