Kenya’s corporate sector faces a critical wake-up call as the country’s first comprehensive Corporate Venture Capital (CVC) report exposes a massive untapped opportunity to support the nation’s thriving startup ecosystem. The groundbreaking study, launched by the UK-Kenya Tech Hub in partnership with ViKtoria Ventures through their Angel Leads Program, reveals that Kenyan corporations remain dramatically […]

RareX Limited has successfully secured a substantial $50 million funding facility from international investment firm GEM Global Yield, contingent upon the successful acquisition of the strategically significant Mrima Hill critical minerals project in Kenya. This conditional financing arrangement represents a pivotal step in RareX’s ambitious expansion into East Africa’s burgeoning critical minerals sector, positioning the […]

SunCulture has secured a pivotal $5 million investment from WaterEquity, marking a watershed moment for both companies as they work to revolutionize agricultural productivity across rural Africa. This funding represents the first investment from WaterEquity’s Water & Climate Resilience Fund, a groundbreaking initiative that has attracted over $100 million from global corporate giants including Microsoft, […]

In a significant boost to Africa’s electric mobility transformation, French sustainable investment firm Mirova has committed $10 million in senior debt financing to ARC Ride, Kenya’s pioneering electric mobility company that operates the continent’s first and largest automated battery swapping network. This landmark investment represents the Mirova Gigaton Fund’s first foray into electric vehicles in […]