Topic: Kenya

Sokowatch raises $125M, rebrands to Wasoko

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

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

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...