Carta’s investment in Raise will provide the Kenyan fundraising platform with the resources to expand its offerings and grow its user base.
An Nisa Taxi offers safe transportation options for women and children and has gained over 10,000 users in one year.
The deal includes a wide range of affordable housing options for families of all sizes and will create 10,000 direct and indirect jobs.
Kenya owes 145 billion shillings (USD 1.07 billion) for certified works to road contractors and landowners, which is likely to delay ongoing projects, according to a local daily.
E-mobility startups in Kenya have raised USD 53 million, but the number of EVs on the road lags behind Tanzania.
Tibu Health, a Kenyan healthtech startup, aims to provide improved access to care and to target chronic diseases.
Kenyan incubator and impact investor Villgro Africa plans to launch a Biotech Innovation as part of its regional expansion plans.
Treepz, a Nigerian mobility startup, has launched operations in Kenya and announces investments of USD 1.2 million over the past year.
Kenyan digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount, as the company moves into the automotive market space in North Africa.
African tech investment is dominated by Nigeria, Egypt, Kenya and South Africa, according to a report by Disrupt Africa.