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HomeDaily NewsTuesday, July 21, 2026Kenyan Startup Funding Slips to Sh16.3bn in First Half of 2026 - July 2026
Business & Economy3 stories from 2 sources

Kenyan Startup Funding Slips to Sh16.3bn in First Half of 2026 - July 2026

Kenyan startups secured Sh16.3 billion in funding during the first half of 2026, a slight decrease from the previous year, according to Africa: The Big Deal. A Kenyan skincare retailer, The Ivy League Beauty Shop, introduced a payment platform called the Skincare Wallet to overcome customer purchasing barriers related to upfront costs. Meanwhile, The founder of Kenyan Afro-luxury fashion brand Zanta Adeyde, Anyango Omondi, was inspired to create her business from her previous work in a Kenyan abattoir, transforming animal by-products into high-end fashion items.

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Tuesday 9:14 AMCapital Business

Kenyan startup funding slips to Sh16.3bn in first half of 2026

Kenyan startup funding slips to Sh16.3bn in first half of 2026

Kenyan startups secured Sh16.3 billion in funding during the first half of 2026, a slight decrease from the previous year, according to Africa: The Big Deal.

Read Story

Key Highlights

Kenyan startups secured Sh16.3 billion in funding during the first half of 2026, a slight decrease from the previous year, according to Africa: The Big Deal.

  • Kenyan startups raised Sh16.3 billion in the first half of 2026.
  • Kenya ranked third in Africa for startup funding, behind Egypt (Sh42.3 billion) and Nigeria (Sh32.8 billion).
  • This follows a strong 2025 performance where Kenyan startups raised approximately Sh126 billion, driven by clean energy ventures.
Monday 6:53 PMNation BusinessFirst

Working in a Kenyan abattoir inspired founder of Kenyan fashion brand

Working in a Kenyan abattoir inspired founder of Kenyan fashion brand

The founder of Kenyan Afro-luxury fashion brand Zanta Adeyde, Anyango Omondi, was inspired to create her business from her previous work in a Kenyan abattoir, transforming animal by-products into high-end fashion items.

Read Story

Key Highlights

The founder of Kenyan Afro-luxury fashion brand Zanta Adeyde, Anyango Omondi, was inspired to create her business from her previous work in a Kenyan abattoir, transforming animal by-products into high-end fashion items.

  • Zanta Adeyde, founded in 2015, transforms animal by-products into jewelry and leather goods.
  • The business started with Sh25,000 in savings.
  • Anyango Omondi works with women and young artisans in Kibera.
  • The brand aims to redefine global luxury through sustainable African design, heritage preservation, and social impact.
Monday 6:53 PMNation Business

Skincare retailer rides on ‘Lipa pole pole’ to drive purchases

Skincare retailer rides on ‘Lipa pole pole’ to drive purchases

A Kenyan skincare retailer, The Ivy League Beauty Shop, has introduced a unique payment platform called the "Skincare Wallet" to overcome customer purchasing barriers related to upfront costs.

Read Story

Key Highlights

A Kenyan skincare retailer, The Ivy League Beauty Shop, has introduced a unique payment platform called the "Skincare Wallet" to overcome customer purchasing barriers related to upfront costs.

  • The platform, launched in April 2026, allows customers to spread payments for premium skincare products over time, a strategy inspired by Kenya's 'lipa pole pole' (pay slowly slowly) culture.
  • Joseph Sosi, the founder of The Ivy League Beauty Shop, noticed customers delaying purchases due to price, leading to the implementation of this embedded finance solution.
  • The Skincare Wallet has attracted over 130 users and integrates payments through mobile money, with plans to add Visa and credit card options, offering interest-free instalments.
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