Start-up
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Honda Backs Kenya Plant for Desert Sand Road Tech
Honda Motor has unveiled a new startup, PathAhead Ltd, which is set to revolutionize road construction in Africa through an innovative material made from desert sand.The newly formed company, PathAhead, has developed “Rising Sand,” described as the world’s first artificial aggregate made from desert sand.The innovation is expected to redefine infrastructure development by offering a…
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Seven Women-Led Startups Get Sh9.1m from Standard Chartered
Standard Chartered has awarded Sh9.1 million in seed funding to seven women-led enterprises during the graduation of the eighth Women in Tech accelerator cohort run in partnership with Strathmore University’s @iBizAfrica. The programme aims to support women founders building technology-driven businesses with potential for scale. Participants receive training, advisory support and funding designed to strengthen…
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Proparco Invests in BasiGo to Boost Electric Bus Adoption
Proparco has completed an investment in BasiGo, a Nairobi-based e-mobility start-up spearheading the transition to electric public transport in Kenya and Rwanda. The funding is expected to accelerate the rollout of electric buses and support the company’s expansion across the region. BasiGo is emerging as a leader in electric bus mobility in Africa, with more…
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Why Akash Patel Believes Manufacturing Will Save Kenya
Manufacturing is one of the key sectors that has the potential to propel Kenya’s economy to new heights. However, the sector has long struggled with challenges such as poor policy reforms and a punitive tax regime. Currently, manufacturing contributes only 7.6 percent to the country’s Gross Domestic Product (GDP), yet research shows that a one…
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Startup Funding in Kenya Excludes Most Founders -Report
Despite Kenya’s reputation as a startup hub, a new report has revealed that early-stage funding remains highly concentrated in urban, foreign, male-led, and familiar. According to the latest findings from the Startup Ecosystem Equity Index, more than 80 per cent of all startup funding in Kenya is sourced from foreign investors, mostly based in Europe…
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Kenya Launches Bold Strategy to Anchor Economic Growth on Start-Up Innovation
NAIROBI, Kenya, June 6 – Kenya is stepping up its innovation game with a renewed push to solidify the country’s start-up environment as a key pillar of future economic growth. At the heart of this shift is a strategic drive to empower entrepreneurs, streamline access to resources, and position innovation as a national economic driver.…
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Nawy Secures Millions of Dollars in Series A Funding
Egyptian property technology (proptech) startup Nawy has raised a total of $75 million in funding to expand its operations across the Middle East and North Africa (MENA) region and enhance its artificial intelligence (AI) powered real estate services. The funding comprises $52 million in Series A equity led by Partech Africa, with participation from investors…
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How Founders Can Win Investor Confidence and Secure Funding
The terms ‘entrepreneurship’ and ‘start-ups’ have become buzzwords among Gen Z, energizing a spirit of enterprise among young people. With many seeking to be self-employed, it’s a fertile ground for innovation, put differently, they are brimming with business ideas. However, having a great idea is just one piece of the puzzle. Knowing how to raise…
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Meet South Africa’s Retail Founder Of The Year 2024 – Foya Awards
Growing up in South Africa, Tshepo Namate always dreamed of becoming an entrepreneur. Business was in his blood, which led him to open a car wash while still in high school. In addition to running the car wash, Tshepo also sold cookies in his neighborhood. These early ventures laid the foundation for his rise to…
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How University Student Built A Thriving Cake Business While Studying
From a young age, Sharon Nyaga loved cakes. Growing up in Embu County, her mother used to bake birthday cakes for her. Unknown to her was that fate would lead her to baking business in the future. “I really loved cakes,” she recalls. “Watching my mom bake for my birthdays and seeing wedding cakes always…
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My Journey Of Bringing Sustainability To Fashion Industry
From a young age Joanna Maiden was troubled by the inequalities of the world. Born in London to a well to do family, she understood that having everything she wanted wasn’t worth it when others are suffering. She often thought of ways to lend a helping hand to the needy and bring positive change to…
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How I Built A Thriving Crochet Business During The Pandemic
While Covid-19 pandemic was forcing people to close businesses in 2020, Ivy Ayoti’s business, Just Divyne Crochet found a fertile ground to thrive. Having to stay at home all time due to lock-down reminded Ayoti that she had a skill in crocheting and soon enough she began making crochet products. “When covid came and forced…
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Wowzi: How Friends Built A Company That Connect Creators With Brands
In 2020 Mike Otieno together with his two friends decided to start Wowzi, a company to help content creators to build a following and make money creating content. The company connects creators with brands, enabling them to reach customers in an authentic way through content creators. “Wowzi is a platform that connects influencers and social…
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5 Mistakes That Start-up Founders Make During The Early Days
In business there is no one-size-fit-all template to follow to ensure success. Most of the time it’s trial and error until you find a product-market fit for your business to grow exponentially. However there are some mistakes that many first-time founders make which prevent them from making the right decisions. Here are some of the…
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7 Simple Steps On How To Start A Business In Kenya
Starting a business is not as hard as many people coin it to be, but that doesn’t mean it’s a walk in the park either. If you have the courage to make the first move, the rest will follow. You don’t need to know all steps, all you need is some knowledge and the right…
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