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France’s Macron Unveils a $27 Billion Investment in Africa at a Partnership Summit in Kenya
New partnerships between the African nations and France “must not be built on dependency but on sovereign equality, not on aid or charity but on mutually beneficial investment, and not on extraction or exploitation but on win-win engagements,” Ruto said.
- Categories
- Agriculture, Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Kaleidofin, Apollo Agriculture and IDH Farmfit Fund Close Kenya’s First Private-Sector Agriculture Securitization Deal
Kenya has recorded a major milestone in agricultural finance after fintech company Kaleidofin completed the country’s first private-sector local currency securitization focused on smallholder farmers, unlocking fresh capital for rural lending.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Bfree Raises $3.1 Million to Tackle Africa’s Growing Digital Loan Crisis
Unlike traditional debt collection firms, Bfree uses artificial intelligence and machine learning tools to analyse borrower behaviour, estimate repayment capacity, and create personalised repayment arrangements.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bolt Hikes Kenya Fares by 6% as Drivers Struggle With Rising Fuel and Living Costs
Estonian ride-hailing company Bolt has increased ride fares in Kenya by 6 per cent, becoming one of the first major platforms in the country to formally shift part of the rising fuel burden to passengers as pressure mounts on drivers’ earnings.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Village Capital Makes First Africa Ecosystem Fund Investments in Ghana
The initiative was created to support startups building solutions around economic mobility and climate resilience in Ghana, Nigeria, and Tanzania.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Namibia-Based Firm to Back Early-Stage Southern African Startups With $10 Million Fund
The fund will focus on sectors including fintech, agritech, healthtech, education, clean energy, e-commerce, and enterprise software.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Bestseller Supports Regenerative Agriculture in South Africa Through International Fund
The Regenerative Fund for Nature supports projects that are based on local knowledge and existing practices. It was established by Conservation International and Kering in 2021 with Inditex joining in 2023. BESTSELLER is now joining the fund as a partner.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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dLocal and inDrive Launch Cashless Rides in South Africa
The partnership also aims to reduce driver exposure to fraud by lowering dependence on cash, though cash remains available for passengers who prefer it.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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