A Kenyan climate tech firm focused on carbon credit sales, recently shut down due to regulatory issues.
African startups raised over $700M in Q1 2026
Over 80 deals were tracked in the African tech ecosystem in Q1 2026, totaling $711 million in disclosed investments. Egypt secured $154 million and South Africa $134 million, leading the capital race in 2026.
Clean Energy Startup Koko Networks Collapses in Kenya
Koko Networks has abruptly ceased operations in Kenya. Over 700 employees have lost their jobs due to the shutdown.
Kenyan climate-tech startup KOKO secures funding from RMB
Kenyan climate-tech startup KOKO has raised funding from Rand Merchant Bank (RMB). KOKO replaces demand for charcoal by supplying bioethanol cooking fuel to over 1.1 million homes.
