Topic: Kenya
Sokowatch raises $125M, rebrands to Wasoko
Nairobi-based B2B company that connects informal retailers to manufacturers, Sokowatch, has raised $125 million in Series B funding from Tiger Global and Avenir as it rebrands to Wasoko. The company valuation increased to $625...
Vodacom buys 55% stake in Vodafone Egypt
South Africa's Vodacom Group Limited has agreed to buy 55% stake in Vodafone Egypt. The deal captures growth in a fast-growing information communications and technology market.
Vodacom operates in 7 countries including South Africa, Tanzania,...
Egyptian Transportation Startup ‘Swvl’ Raises $42 Million for African Expansion
Swvl, Egypt-based app for booking buses has raised $42 million as it plans to expand into other markets in Africa, including Nigeria.
The two-year-old startup, which started in Cairo and also operates in Alexandria and...