Kenya is a country in East Africa known for its diverse landscapes and rapidly growing digital finance sector.
Rwanda’s Drone Experiment Is Becoming Zipline’s Africa Playbook
Zipline is extending its agricultural services developed in Rwanda into additional markets. The company reported higher farmer earnings linked to refrigerated storage and drone delivery of livestock insemination materials.
EV Startup Spiro Raises $215 Million to Wire Africa for Electric Mobility
Spiro secured a $215 million equity raise backed by Impact Fund Denmark and Equitane. The company has deployed over 100,000 electric vehicles and 2,500 smart-swap stations across seven markets.
Kenya Claims Africa’s VC Crown as Continent’s Startup Funding Surges Past $3 Billion
Kenya raised $984 million in 2025, marking a 52% increase from the previous year. Kenya has overtaken Nigeria as Africa's top destination for venture capital.
Branch confirms layoffs in Kenya and Nigeria despite profitable year
Branch International laid off employees in Kenya and Nigeria as part of a headcount reduction strategy. The layoffs were announced during a global all-hands meeting on April 17, 2026.
Applications Open: develoPPP Ventures Is Offering €100,000 in Non-Dilutive Funding to African Startups
Early-stage startups in select African markets can apply for up to €100,000 in non-dilutive capital. The develoPPP Ventures Ideas Competition is backed by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ).
