KCB Foundation Launches EV Innovation Challenge to Advance Electric Mobility in Kenya

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KCB Foundation has launched the EV Explorers Rhino Charge 2026 Innovation Challenge, bringing together innovators, engineers and industry players to develop solutions aimed at advancing electric mobility in Kenya and beyond. Launched at the KCB Leadership Centre, the initiative connects education, practical engineering experience and innovation, with two female students pursuing engineering courses at technical…

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Funding

PIDG and Impact Fund Denmark Invest $11.5 Million in Africa GreenCo

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Africa GreenCo announced on September 10, 2026 an additional $11.5 million investment from existing shareholders the Private Infrastructure Development Group and Impact Fund Denmark, delivered through PIDG’s project development arm InfraCo. The capital brings the regional energy trader’s third close to $21.5 million, following the recent entry of Sanlam Alternative Investments as a new private-sector…

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Uncategorized

What Airnergize Capital’s R3.89 Billion Final Close Signals for Southern Africa’s Clean Infrastructure Investment

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Airnergize Capital, the clean technology investment platform of South Africa’s New GX Capital, has confirmed the final close of its debut fund at R3.89 billion, roughly $239 million, with the Development Bank of Southern Africa committing R240 million as lead development finance institution. The fund brings together some of South Africa’s largest commercial balance sheets…

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Funding

Can Flowt’s AI Financial Intelligence Platform Unlock Kenya’s $330 Billion SME Financing Gap?

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Flowt, a Nairobi based fintech that uses artificial intelligence to turn scattered business records into lender-ready financial data, has raised a $550,000 pre-seed round from Delta40 Fund I, Impacc and the Argidius Foundation. The startup is using the capital to expand working capital lending to climate-smart small businesses across Kenya, targeting a $1 million loan…

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Technology

Taste of Cape Town Opens in Nairobi’s Upmarket, Bringing Authentic South African Flavours to Kenya

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Nairobi, Kenya – 9th September – Taste of Capetown, the celebrated Wine and Food export Group known for its vibrant interpretation of South African cuisines and wine, has officially opened its doors in one of Nairobi’s most prestigious upmarket neighbourhoods. The new restaurant marks the group’s first permanent footprint in East Africa and arrives at…

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Featured

Novastar Ventures and Norrsken22 Back ARC Ride’s $33.3 Million Round

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ARC Ride has closed a $33.3 million financing round led by Novastar Ventures and Norrsken22, capital the Kenyan electric mobility startup will use to expand its battery swapping network across four new African markets while adding 5,000 electric motorcycles to its existing fleet. The round combines a $23 million Series A equity component with $10…

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Funding, EV

What M-KOPA’s Move Into Electric Tuk-Tuks Reveals About the Future of Kenya’s E-Mobility Finance

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M-KOPA has extended its pay-as-you-go financing model to electric tuk-tuks, opening asset financing to a segment of Kenya’s transport sector after crossing 10,000 financed electric motorcycles in the country. The expansion, announced on September 7, 2026, moves the fintech beyond two-wheelers and into a three-wheeler market the Kenya Tuk Tuk Operators Network estimates includes more…

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EV

IFC Discloses Proposed Investment of up to $40 Million in Camco Renewable Energy Fund

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The International Finance Corporation has disclosed a proposed investment of up to $40 million in the Camco Renewable Energy Performance Platform 2, a private debt fund financing decentralised renewable energy projects across sub-Saharan Africa. The investment would flow through REPP 2’s senior debt tranche and remains subject to approval, with IFC’s board scheduled to review…

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Funding

Insurance key to unlocking aircraft, engine financing in Africa – EIRS

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EIRS Aviation poised to help unlock capital for the continent’s growing airline sector. NAIROBI, KENYA – September 7, 2026: Africa’s aviation sector is entering a period of significant expansion, but access to capital remains a major constraint for airlines seeking to grow their fleets. As demand for aircraft increases, insurance could play a critical role…

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Featured

IFRS S1 vs IFRS S2: What Each Standard Requires and How They Interact

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Sustainability reporting has become a major focus for global businesses recently. Two standards now sit at the center of this shift. These are IFRS S1 and IFRS S2, issued by the International Sustainability Standards Board. Together, they aim to give investors clearer, more comparable sustainability information. Understanding how these two standards differ, and connect, matters…

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Policy & Regulations