Crackdown on unlicensed companies cuts digital creditors in Kenya to 51
Kenya has approved the operation of 17 new digital credit providers, including Autochek. The Central Bank of Kenya continues to scrutinize applications from digital lenders and has issued licenses to 51 lenders so far.
Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC
Africa has a growing demand for cars, but car ownership is low compared to the global average. Shekel Mobility secures funding to expand its platform and provide affordable financing solutions for car dealers.
Closing the gap: Klarna’s founder’s African tech growth fund snaps $205M
Norrsken22 has successfully concluded its initial fund-raising effort, raising $205 million in capital. The fund aims to bridge the existing funding gap for tech startups in the growth stage across the African continent.
