Sorted Wallet, a non-custodial digital wallet for feature phones, has successfully raised $4.4 million in seed funding to fuel its expansion into emerging markets.

• The funding includes $3.4 million in equity financing led by Tether and Gnosis.
• The capital will be used to strengthen its presence in existing markets and expand across Sub-Saharan Africa and South Asia.
• Sorted Wallet targets underserved users on feature phones, having already surpassed 500,000 downloads.

Discovery Health has rebranded its employer health insurance arm, formerly Vitality Health International (Africa), to Discovery Health – Global Health Solutions, signaling an expansion of its integrated healthcare offerings for employers across Africa.

• The rebranding signifies a move from a standalone insurance model to a comprehensive healthcare platform.
• Key organizations involved include Discovery Health and its in-market insurance partner in Kenya, APA Insurance.
• The new structure will continue to rely on partnerships with local insurers while enhancing healthcare administration capabilities, including Administration Services Only (ASO).

Kenya Power has announced its e-mobility revenues have surged to Sh382 million, driven by a significant increase in electric vehicle (EV) adoption and electricity sales.

• EV-related electricity sales have grown over 113-fold in under three years.
• The primary organization involved is Kenya Power, with its Managing Director Joseph Siror highlighting the growth.
• Monthly EV charging revenues climbed from Sh873,907 in July 2023 to a peak of Sh35 million in February 2026, with Nairobi accounting for 71 per cent of cumulative revenue.