Partnerships and Funding Announced for African SMEs and Startups

KCB Bank Kenya has partnered with Visa to introduce a new Business Credit Card solution tailored for Small and Medium-sized Enterprises (SMEs) in Kenya. This initiative is aimed at helping businesses manage cashflow and control expenses. Separately, Agridex International and Tradeflow Capital Management have formed a strategic partnership to channel institutional capital into Kenya's agricultural sector and SMEs across Africa. The partnership aims to accelerate the flow of working capital into commodity and SME value chains. Additionally, Delta40 has successfully raised $20 million to expand its Venture Studio + Fund model across Africa. This model combines early-stage capital with hands-on venture-building support for startups.