Kofa, an innovative technology-driven energy company, has successfully closed an $8.1 million pre-Series A funding round to expand its AI-powered battery-swapping network in urban Africa. The investment will accelerate the company’s clean energy solutions, starting in Ghana and Kenya, and help optimize the distribution of batteries for motorcycles, households, and businesses. With the backing of prominent investors like E3 Capital, Injaro Investment Advisors, and the Shell Foundation, Kofa is on track to scale its network and drive sustainable energy adoption across the continent.
Tag: Kenya
2025 AFRICATECH AWARDS AT VIVATECH: NIGERIA, KENYA & TUNISIA TOP THE LIST FOR THIS 4th EDITION
The 2025 AfricaTech Awards, hosted at VivaTech in Paris, celebrates African innovation with 45 startup finalists across GreenTech, HealthTech, and E-commerce & FinTech. This 4th edition sees Nigeria, Kenya, and Tunisia leading in participation, with half of the finalists being women-led startups. Winners will be announced on June 12, 2025.
The deepfake crisis: The alarm has been sounded
Deepfakes have become a major cybersecurity threat, targeting businesses, governments, and individuals. As detection tools struggle to keep up, experts warn of the urgent need for AI-driven forensics, regulatory action, and heightened digital awareness to combat rising fraud and misinformation.
Kenya’s Payments Evolution: What banks and fintechs can learn from M-Pesa and mobile operators
The article examines Kenya’s evolving payment ecosystem, highlighting the impact of M-Pesa and mobile operators on the financial landscape. It explores how banks and fintechs can learn from M-Pesa’s success in driving innovation and customer engagement, while also addressing the rising competition and evolving digital banking trends.
TECNO Unveils Groundbreaking Innovations at MWC 2025: AI-Powered Photography, Ultra-Thin Smartphones, and Futuristic Designs Set New Industry Benchmarks
TECNO made a powerful statement at MWC 2025 by unveiling cutting-edge innovations that redefine the future of mobile technology. Highlights include AI-driven photography with the Camon 40 Series, ultra-slim smartphones like the Spark Slim, the tri-fold PHANTOM Ultimate 2, and the dazzling Starry Optical Fiber technology. TECNO’s latest innovations set new standards for design, performance, and accessibility, with an emphasis on empowering users in emerging markets.
2025 Edelman Trust Barometer Kenya Reveals Public Grievance Reshapes Trust in Government, Business, and The Rich
Trust in Government declines (38%) while Kenyans approve of hostile activism as a means to drive change (46%).
Call for Refugee-Led Clean Energy Enterprises in Uganda, Kenya, and Ethiopia to Apply for Inclusive Investment Grants
Ashden is offering grants of up to £10,000 for refugee-led clean energy projects in Uganda, Kenya, and Ethiopia. These grants aim to support innovative clean energy solutions such as solar power and clean cooking technologies in displacement settings, empowering refugee entrepreneurs and organizations with financial and technical assistance. The program is part of the Transforming Humanitarian Energy Access initiative, in partnership with the Howden Foundation and other global organizations.
Mindware Expands Its Presence in East Africa with New Office in Kenya
Mindware has opened a new office in Nairobi, Kenya, marking its strategic expansion into East Africa. The new office will serve as the East African headquarters, supporting the growing demand for IT solutions and fostering deeper channel partnerships. With a focus on digital transformation, Mindware aims to accelerate the region’s technological growth by providing localized support and leveraging its partnerships with global technology vendors.
Former US VP Al Gore and The Climate Reality Project Launch the REALITY® Tour with global in-person trainings in South Africa and beyond
Al Gore, alongside The Climate Reality Project, has kicked off the Reality Tour, a global initiative featuring in-person climate change training. With events starting in South Africa, the tour aims to inspire and equip participants with the knowledge to combat climate change and promote sustainable solutions.
Kenya’s Hidden Gem for Tourists: Fairmont The Norfolk
Fairmont The Norfolk, a historic hotel in Nairobi, blends luxury with Kenya’s rich cultural heritage. Recognized as Africa’s Leading City Hotel 2024, it offers guests exceptional service, lush gardens, renowned dining, and tailored experiences. It’s a gateway to exploring Kenya’s wildlife and landmarks, providing an ideal base for safari adventures.