Kenya is a country in East Africa known for its diverse landscapes and rapidly growing digital finance sector.
M-KOPA reaches 10 million customers as its fintech model expands across Africa
M-KOPA reached 10 million customers across Africa, marking a 45% revenue increase to $600 million in 2025. The company added three million customers in the past year, expanding its reach in Kenya, Nigeria, Ghana, Uganda, and South Africa.
R4.54B in a Week: Who Is Paying for Africa’s Fibre Build-Out?
The US International Development Finance Corporation pledged R2.48bn to WIOCC on 16 September 2026. The US Export-Import Bank approved a R1.59bn loan to Africell just days before the DFC's announcement.
Latitude59 opens Nairobi pitch contest for African startups
Latitude59 has opened applications for its 2026 Kenya pitch competition for early-stage African founders. The competition will take place in Nairobi on December 3-4, 2026.
Airtel Money’s London IPO faces a smaller raise after investor feedback
Airtel Money is seeking to raise at least $800 million through a London IPO, down from an earlier target of $1.5 billion to $2 billion. The IPO could launch as soon as the week of September 21, although final terms are yet to be confirmed.
Kenya’s startup ecosystem remains one of Africa’s strongest, but Mombasa’s rise highlights the gap beyond Nairobi
Mombasa climbed 22 places in the global startup rankings, reaching 894th in 2026. Nairobi's ranking dropped from 107th to 116th, indicating a decline in its startup ecosystem.
