Defense Startup Archives

Kenya’s Rafiki Microfinance Bank founded by Daniel Mavindu loses $1.6 million tax case

Rafiki Microfinance loses tax appeal as tribunal upholds $1.6 million assessment on suspended interest, backing Kenya Revenue Authority.

Feyisayo Ajayi April 6, 2026

Business Hot News

Nairobi’s Gigiri attracts $8.4 million hotel investment amid diplomatic demand

Private investor plans $8.4 million, 185-suite hotel in Nairobi’s Gigiri, targeting diplomatic, corporate, and expatriate demand growth.

Feyisayo Ajayi April 6, 2026

Luxury Tourism

Africa’s aviation expansion unlocks new tourism corridors

Expanding flight networks position Africa as a rising hub for global tourism and connectivity

Timilehin Adejumobi April 6, 2026

Business Technology

Equatorial Guinea plans subsea cable to boost internet reliability

Equatorial Guinea eyes Medusa subsea cable to boost internet speed, expand capacity and cut data costs by 2030 under new infrastructure plan.

Timilehin Adejumobi April 6, 2026

Somalia starts offshore oil drilling with Turkey, eyes jobs, growth

Business Technology

Somalia prepares for historic first offshore oil drilling

Somalia is preparing to embark on a historic step in its energy sector with its first-ever offshore oil drilling campaign. A Turkish government-owned drilling vessel, Çağrı Bey, is expected to arrive off the Somali coast in the Arabian Sea this Friday. Officials say the project could mark a transformative moment for the country’s economy and energy development. The move follows…

Oluwatosin Alao April 6, 2026

Tag: Defense Startup

Africa’s first defense tech prime Terra Industries closes $34 million funding round

Kenya’s Rafiki Microfinance Bank founded by Daniel Mavindu loses $1.6 million tax case

Nairobi’s Gigiri attracts $8.4 million hotel investment amid diplomatic demand

Africa’s aviation expansion unlocks new tourism corridors

Equatorial Guinea plans subsea cable to boost internet reliability

Somalia prepares for historic first offshore oil drilling

Kenya’s Rafiki Microfinance Bank founded by Daniel Mavindu loses $1.6 million tax case

Nairobi’s Gigiri attracts $8.4 million hotel investment amid diplomatic demand

Africa’s aviation expansion unlocks new tourism corridors

Kenya’s Rafiki Microfinance Bank founded by Daniel Mavindu loses $1.6 million tax case

Nairobi’s Gigiri attracts $8.4 million hotel investment amid diplomatic demand

Africa’s aviation expansion unlocks new tourism corridors

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