Tag: kenya

Capture investment opportunities created by megatrends

Netflix launches free plan in Kenya to boost growth

Netflix said on Monday it is launching a free mobile plan in Kenya as the global streaming giant looks to tap the East African nation that is home to over 20 million internet users. The free plan, which will be rolled out to all users in Kenya in the coming weeks, won’t require them to…
Read more


21 September 2021 0

UK names John Edwards as its choice for next data protection chief as gov’t eyes watering down privacy standards

The UK government has named the person it wants to take over as its chief data protection watchdog, with sitting commissioner Elizabeth Denham overdue to vacate the post: The Department of Digital, Culture, Media and Sport (DCMS) today said its preferred replacement is New Zealand’s privacy commissioner, John Edwards. Edwards, who has a legal background,…
Read more


26 August 2021 0

Nigeria leads mobile app market growth in Africa as use of gaming apps surge 44% from Q1 2020

The pandemic’s effect on the global app market has not been hard to miss. In the first quarter and first half of this year, consumer spending in mobile apps hit new records at $32 billion and $64.9 billion, respectively. In Africa, it can be tough to call out exact numbers on consumer spending because the…
Read more


13 July 2021 0

Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria

On June 18, Babajide Duroshola, ex-Country Head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela. Less than a month later, the executive has found a new role as General Manager in another Kenyan company, M-KOPA. His appointment coincides with M-KOPA’s broader expansion strategy, which includes a move to Nigeria.…
Read more


12 July 2021 0

Kaseya hack floods hundreds of companies with ransomware

On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools, and a national railway system were all hit by the file-encrypting malware, causing disruption and forcing hundreds of businesses to close. The victims had something in common: a key piece of network management and…
Read more


6 July 2021 0

Middle East and Africa will reap benefits from Nuwa Capital’s newest fund

Nuwa Capital, a venture capital firm based in Dubai and Riyadh, announced the first close of its $100 million NVFI fund in February. The close was three-quarters of the target and was done in less than a year following the firm’s launch in February 2020. According to the firm, the second close should be concluded by…
Read more


28 May 2021 0

Andela begins global expansion in 37 countries months after going remote across Africa

More than a year after the pandemic began, remote work shows no signs of going away. While it has its cons, it remains top of mind for potential employees around the world before joining a new company. But while most people in Africa still go to physical offices, despite the pandemic, a few companies have…
Read more


19 April 2021 0

Japanese VC Samurai Incubate closes $18.6M fund for African startups

Samurai Incubate, a Tokyo-based venture capital firm, announced today it has closed its “Samurai Africa 2nd General Partnership” fund, totalling 2.026 billion yen (~$18.6 million). According to the firm, the fund was oversubscribed as it targeted 2 billion (~$18.4 million) and a total of 54 investors joined as LPs. One notable LP is the Toyota…
Read more


15 April 2021 0