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The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 billion in new business revenue across Africa....
Uber has launched UberBODA in Nairobi Kenya, over seven months after it began operations in Kampala to provide convenient and affordable options for commuters. Uber has launched UberBODA in Nairobi Kenya, over seven months after it began operations in Kampala, Uganda in a move expected to provide residents of...
Boomplay strikes partnership with Universal Music Group to distribute music from UMG’s world-renowned labels to users in Nigeria, Ghana, Kenya, Tanzania, Rwanda, Uganda and Zambia Boomplay, Africa’s leading music streaming and download service, has struck a licensing agreement with Universal Music Group covering multiple markets within Africa. The company,...
MEST Africa officially launched its flagship East African space in Nairobi, Kenya after the launch of MEST Lagos and MEST Cape Town Incubators. A shared space with the Meltwater Nairobi Office in Nairobi Garage, the MEST Incubator Nairobi is home to Portfolio Companies Sharehouse and Nestmetric. The new Nairobi Incubator will...
A recent report by Financial Sector Deepening Uganda, UKAid and East Africa Venture Capital Association show, 99% of Fintech funding in East Africa goes to Kenyan Apps. Kenyan finance and technology (Fintech) start-ups take a lion’s share of 99 percent of all funding in the region – leaving Uganda, Rwanda...
Kenyan ride-sharing app, Mondo Ride raises $5 Million and plans expansion into six African cities. Kenya is fortunate to have several ride-sharing platforms, and one of them is Mondo Ride. Today, they have announced that they have closed a second financing round of $2 million (KES 204 million) for...
