Maxab and Wasoko Merge to Form Africa’s Largest B2B Retail Network
This merger, announced eight months ago, marks a significant milestone in the continent's ecommerce landscape, bringing together two leading players in the industry.
Companies
Kenya's Sukhiba Secures $1.55 Million to Drive Expansion Across Africa and Emerging Markets
These newly secured funds will be pivotal in accelerating Sukhiba’s expansion efforts, allowing the company to scale its operations and enhance its SaaS platform to better serve its growing customer base.
Redington and Zoho Join Forces to Accelerate Digital Transformation in Africa
By leveraging Redington's extensive distribution network and Zoho's comprehensive suite of software solutions, the alliance seeks to drive digital growth and innovation within these economies.
iColo Expands Solar Capacity Across Kenyan Data Centers
Carrier-neutral data center infrastructure provider iColo has recently announced a significant expansion of its solar energy capacity, commissioning over 650 kilowatts (kW) of new solar installations across its data center campuses in Nairobi and Mombasa.
Egypt's Valu Finalizes Landmark EGP 1.1 Billion Securitized Bond
Cairo-based financial technology leader Valu has successfully completed its 11th securitized bond issuance, amounting to EGP 1,091.9 million. This issuance marks the first under Valu's newly approved EGP 16 billion securitization program, setting a significant milestone for the company.
Empserve Launches Kenya's First Eco-Village and Social Innovation Hub in Kajiado County
This project marks the establishment of Kenya’s first eco-village and social innovation hub, aimed at addressing the region’s distinct challenges through sustainable practices and community-driven solutions.
MSMEDA and Aman Holding Forge Partnership to Boost SME Growth in Egypt
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) in Egypt has partnered with Aman Holding to provide substantial financial support aimed at bolstering small and medium-sized enterprises (SMEs).
Kim-Fay Secures Strategic Funding for Expansion in East Africa
Kim-Fay, a prominent player in the East African hygiene, tissue, and home care products market, has secured vital funding from Norfund and I&M Bank, aimed at supporting the construction of a new facility within Tatu City, Nairobi's rapidly developing 5,000-acre Special Economic Zone.
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