Image Credit: East Africa Foods Venture Capital East Africa Foods Secures $40 Million to Expand Regional Agritech Supply Chain The Dar es Salaam-headquartered food distribution company completes a $26 million Series B equity round co-led by PIDG’s InfraCo, Oikocredit, and FMO to scale post-harvest logistics infrastructure across East Africa. By Charles S. • 16 days ago
Kenyan Fintech Cloud9 Secures $500K Pre-Seed Funding From Crypto Accelerator Alliance The Nairobi-headquartered digital banking platform brings its total pre-seed capital to $1 million as it expands cross-border payment corridors and card issuance for African merchants.
Oct 8, 2026 East Africa Foods Secures $40 Million to Expand Regional Agritech Supply Chain The Dar es Salaam-headquartered food distribution company completes a $26 million Series B equity round co-led by PIDG’s InfraCo, Oikocredit, and FMO to scale post-harvest logistics infrastructure across East Africa. Image Credit: East Africa Foods
Oct 7, 2026 Kenyan Fintech Cloud9 Secures $500K Pre-Seed Funding From Crypto Accelerator Alliance The Nairobi-headquartered digital banking platform brings its total pre-seed capital to $1 million as it expands cross-border payment corridors and card issuance for African merchants. Tesh Mbaabu, CEO & Founder at Cloud9
Oct 7, 2026 M-KOPA Acquires Finnish Phone-Locking Firm KilpiTek for $8 Million The fintech asset-financier acquires full ownership of the Tampere-based software developer to secure core device-locking IP and streamline global hardware sourcing. M-KOPA CEO, Jesse Moore / Image Credit: M-KOPA
Oct 1, 2026 Kenyan Entrepreneur Rama Afullo’s Satlyt Secures $8 Million Seed Round Co-headquartered in Nairobi and founded by former SpaceX Starlink product manager Rama Afullo, the deep-tech enterprise locks in backing from Launch Africa, Enza Capital, TLcom, and Axian to scale satellite AI compute. Rama Afullo, CEO & Founder of Satlyt / Image Credit: Satlyt
Sep 30, 2026 Africa Go Green Fund Secures $18 Million Senior Debt Facility for Cold Solutions Rwanda Cygnum Capital-managed fund provides debt financing to construct a temperature-controlled cold-storage and logistics hub in the Kigali Prime Economic Zone. Image Credit: Cold Solutions Rwanda
Sep 30, 2026 Proparco Commits €150,000 to Kenyan Agritech Farm to Feed The 2X-labelled investment aims to accelerate the commercial scale of Farm to Feed’s digital supply-chain platform, reducing agricultural waste and improving farmer yields across Kenya. Image Credit: Proparco
Sep 30, 2026 Copia Global’s $123 Million Insolvency Highlights Capital Realities in African E-Commerce The failure and liquidation of Kenya’s agent-led retail pioneer mark one of East Africa’s largest tech collapses, signaling a decisive shift away from capital-intensive last-mile distribution models. Image Credit: Copia Global
Sep 28, 2026 Kenyan Agritech Startup Rhea Secures $100,000 to Scale Soil-Intelligence Technology into Tanzania Soil health management pioneer Rhea raises $100,000 via a convertible note led by Obudu Capital, fueling regional expansion and the commercial rollout of its portable AgriPad testing platform. Image Credit: Rhea
Sep 24, 2026 Former Gold Fields CEO Chris Griffith Co-Leads New $1 Billion Private Equity Fund Targeting African Critical Minerals Mining veteran Chris Griffith teams up with prominent dealmakers Sam Jonah and Colin Coleman to launch a $1.0 billion private equity initiative focused on securing critical mineral supply chains across Africa. Chris Griffith
Sep 24, 2026 Kenyan Solar Irrigation Pioneer SunCulture Closes $10 Million Receivables Securitization Led by Mirova Gigaton Fund Nairobi-based agritech and solar irrigation leader SunCulture closes a landmark $10 million senior secured securitization of customer receivables, structured by Kaleidofin to mobilize institutional climate-smart agriculture capital. Image Credit: SunCulture
Sep 23, 2026 Kenyan Supermarket Chain Quickmart Prepares for Landmark 57.5% Stake Sale via Nairobi Securities Exchange Leading East African retailer Quickmart targets a major public float, as private equity backer Adenia Partners and founding shareholders weigh a secondary divestment of up to a 57.5% equity interest on the Nairobi Securities Exchange. Image Credit: Quickmart