Kenyan start-ups Copia, Poa Internet raise Sh8.8bn

Kenyan startups Copia Global and Poa Internet have raised a total of $78 million (Sh8.8 billion) from international investors for expansion.

E-commerce firm Copia raised $50 million (Sh5.6 billion) from Zebu Investment Partners, the US International Development Finance Corporation (DFC), Koa Labs, Lightrock, German development finance institution DEG and Perivoli Innovation.