East Africa received the most funding from startup investors for the second year in a row, attributed to more investment directed to Kenya, a new report shows. The Big Deal Africa report shows that the Eastern African region received $725 million in 2024, representing an 18 percent drop from the year before. “Kenya alone ($638m)...
Trending
- Afreximbank launches $3 billion revolving facility for oil players
- Four Kenyans wanted by Nigerian authorities for CBEX hack
- IMF tough rules for Kenya’s new loan
- ARC Ltd and Klapton Re join forces to expand climate insurance across Africa
- Investors snub Ethio Telecom’s IPO, taking only 10.7 percent of shares offered
- Ruto bags $823 million in China
- Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries
- Breaking: U.S cancels Kenya tour, after Ruto visit to China