Kenyan Automaker Mobius Motors Accepts Acquisition Offer Amid Shutdown
Mobius Motors has accepted an acquisition offer from an undisclosed buyer. The interested buyer may be eyeing Mobius' assembly plant in Nairobi.
Block’s TBD Announces Hackathon Competition to Address Gaps in Payment Systems Across Africa
TBD Hackathon announced in collaboration with the Africa Bitcoin Conference Hackathon aims to drive innovation and technological advancement of payments in Africa
Copia’s co-founder Tracey Turner faces new ventures after the eCommerce startup shutdown
Tracey Turner, co-founder of Copia Global, is planning to launch a new eCommerce startup in Kenya. The new startup will focus on delivering household items in Nairobi and the surrounding suburbs.
Kenya’s M-Kopa Lands $51 Million in Debt Financing from DFC
M-KOPA has obtained a $51 million loan from the DFC to enhance digital connectivity in Kenya. The funding will enable M-KOPA to provide affordable smartphones and expand access to digital financial services.
Four Startups Selected as Finalists For 2024 Africa Prize For Engineering Innovation
The final of the 10th Africa Prize for Engineering Innovation will be held in Nairobi, Kenya on 13 June 2024. Four finalists have been selected to present their sustainable engineering solutions.
