Kenya is a country in East Africa known for its diverse landscapes and rapidly growing digital finance sector.
What Africa’s 2024 blockchain funding says about investor priorities
Africa's blockchain funding dropped to $122.5 million in 2024, a 36% decrease from 2023. Seychelles attracted $38.85 million in blockchain funding, despite a 56% decline from the previous year.
In its Kenya comeback, Luno targets crypto users who feel left out of risky P2P platforms
Luno announced its re-entry into Kenya on June 23, 2025, after exiting the market in 2014. The Kenyan cryptocurrency market has evolved significantly, driven by mobile money platforms and increased smartphone penetration.
Senegal Leads Africa’s $345.9M June Funding Surge as Nigeria Falls to Just 4% Share
Startups across Africa raised a total of $345.9 million in funding in June 2025, marking the highest monthly total for the year. Senegal accounted for 43% of the funding volume in June, largely due to Wave's $137.2 million fundraising announcement.
Flutterwave Cuts Half of Kenya, South Africa Staff Amid Profit Push, IPO Plans
Flutterwave has laid off 50% of its staff in Kenya and South Africa. The layoffs began in March 2025 and primarily affected compliance, legal, and HR teams.
