Kenya-based firms raise Sh7.3bn from global investors

Kenya’s diaspora remittances have continued to grow with projections indicating a new record high for 2023. FILE PHOTO | POOL

Three Kenyan-based start-ups have raised Sh7.3 billion ($63.5 million) from multiple international investors to expand in East and West Africa as well as offer services.

The firms include agri-tech company Apollo Agriculture, fintech company 4G Capital and Powered by People, a wholesale e-commerce platform.

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