funding Archives - Eliday juma

Kenyan Startups Raised $250M combined in 2024: Defying Funding Slowdown

Posted on December 22, 2024 by eliday

Kenya’s tech startup ecosystem witnessed a decline in overall investment in 2024 compared to the record highs of 2022 and early 2023. Yet, the country’s resilient innovators still managed to attract significant funding, solidifying Kenya’s position as one of Africa’s… Continue Reading →

Tanzanian Fintech Startup NALA Raises $40M for Cross-Border Payment Solutions in Emerging Markets

Posted on July 14, 2024 by eliday

NALA is an African payments company and money transfer app that allows users to make secure and reliable payments from Europe, the UK, and the US to Tanzania, Kenya, Rwanda, Uganda, and Ghana in seconds. Last year, NALA expanded into… Continue Reading →