NALA Has Secured USD 50 Million From Liquidity and MUFG-Backed Mars Growth Capital. The Tanzanian-Born Company Is No Longer Building a Remittance App. It Is Building the Rails That Money Moves On.

Benjamin Fernandes, Tanzanian entrepreneur and Y Combinator alumnus, has secured a USD 50 million fi...

Spiro Raises USD 215 Million to Electrify Africa's Most Important Vehicle. The Bodaboda.

Spiro has raised USD 215 million in equity financing from institutional investors including Denmark'...

Diageo Is Selling East Africa's Largest Beer Business. Asahi Is Paying USD 4.8 Billion for Over a Century of Brand Building.

Diageo has agreed to sell its 100% shareholding in Diageo Kenya Limited, which holds a 65% stake in ...