Hakuna Matata Media

Selar, Africa’s leading marketplace for digital creators, is expanding its footprint into Kenya, recognizing the country as the largest market in East Africa with a vibrant community of creators. The platform offers a robust e-commerce store builder that empowers creators to monetize their digital products, such as courses, e-books, music, art, and more. This expansion aligns with Selar’s mission to drive economic growth by providing Kenyan creators with the tools to effectively showcase and sell their digital content.

Jumia has successfully closed the sale of 20 million ordinary shares, achieving its funding target of $99.6 million. The transaction, detailed in a recent securities filing, was completed with an average share price of approximately $4.95, slightly above Friday’s trading price. Notably, liquor and wine maker Pernod Ricard acquired 1.27 million shares valued at around $6 million.

Shelter Afrique Development Bank (ShafDB) and CPF Group have signed a Memorandum of Understanding (MoU) to accelerate the implementation of large-scale affordable housing projects in Kenya. This partnership aligns with ShafDB’s long-term goal of supporting member states through public-private partnerships, emphasizing the critical need for affordable housing solutions in the country.