Co-founder of Chpter, previously involved in MarketForce, who has stepped down from day-to-day operations.
Why Kenyan digital bank Cloud9 acquired Mtickets in $773,000 deal
Cloud9 acquired Kenyan ticketing platform M-Tickets in an all-stock deal valued at KES 100 million. The acquisition allows Cloud9 to access a platform that has processed over one million tickets since 2014.
Five African founders who staged major comebacks in 2025
Venture funding into African startups climbed back across the $3 billion threshold in 2025, marking a 36% increase from the previous year. The market has shifted from funding numerous early-stage experiments to making larger, more deliberate investments, often exceeding $50 million.
Chpter co-founders Tesh Mbaabu and Mesongo Sibuti step down in major leadership reshuffle
Mbaabu and Sibuti stepped down from Chpter's daily operations effective September 15, 2025. Mark Kiarie resumes his role as CEO of Chpter, emphasizing the importance of founder leadership.
Chpter’s Investors Bet Big on Kenya’s Growing Social Commerce Market
Kenya's social commerce sector is underutilized despite millions of active social media users. Chpter has developed a platform that automates conversations, marketing, and payments on WhatsApp and Instagram.
MarketForce Fell Short—Now Its Founders Are Chasing A New ‘Chpter’
MarketForce, a B2B e-commerce company, closed its doors after facing challenges in scaling. The founders of MarketForce have launched a new venture called Chpter, which has secured $1.2 million in pre-seed funding.
