Next Narrative Africa and HEVA Fund Launch $40M Fund for African Filmmakers Next Narrative Africa, a Nigerian media production company, and HEVA Fund, a Kenyan investment firm, have teamed up to launch a $40 million fund aimed at supporting African filmmakers. Investment Details The Next Narrative Africa Fund will invest in films with budgets ranging…
Kenya’s President, William Ruto, has publicly supported the presence of Starlink, Elon Musk’s satellite internet service, in Kenya. He believes that Starlink is pushing local competitors like Safaricom to enhance their service quality. Ruto made these remarks during the US-Kenya Business and Investment Roundtable in New York, which took place alongside the United Nations General…
Nigerian fintech company Rise has made a strategic move in the East African market by acquiring Hisa, a Kenyan investment startup. As reported by TechCabal, This marks Rise’s second acquisition within a year, following approval from Kenya’s Capital Markets Authority (CMA). The acquisition allows Rise to expand its operations into Kenya while maintaining Hisa’s brand…
