Kenya
Kenya’s Banking Fraud Crisis: CBK Flags Cyber-Attacks, But Insider Threats Loom Larger
When Sylvia Wanjiru received a million-shilling payment from a client, a call from a “bank representative” followed within minutes, offering to “confirm” the ...
Innovation
Kenya: Huawei Cloud Unveils Big Data and DevOps Solutions in Kenya to Accelerate Digital Transformation
Huawei Cloud has expanded its footprint in Kenya with the launch of its Big Data tools and the CodeArts DevOps platform, aimed at ...
Kenya
Kenya: NALA Expands into Kenya Through Equity Bank and Pesalink Partnership
Tanzanian fintech firm NALA has officially expanded into Kenya by partnering with Equity Bank and Pesalink, aiming to tap into the country’s booming ...
Kenya
Kenya: bolttech Expands into Kenya Through Partnership with NCBA’s LOOP
Global insurtech giant bolttech has made its debut in the Kenyan market through a strategic partnership with LOOP, the digital banking service of ...
Kenya
Kenya’s Poa Internet Raises $4M to Expand Affordable Connectivity in Underserved Areas
Kenyan internet service provider Poa Internet has secured $4 million in debt funding from Finland’s Finnfund to expand broadband access in underserved communities. ...
Kenya
Kenya: KCB Retains Share of NBK Assets Following Access Bank Acquisition
KCB Group, Kenya’s largest bank by assets, has retained a portion of National Bank of Kenya’s (NBK) loan book, deposits, and select customers ...
Kenya
Kenya: HoneyCoin Raises $4.9M to Accelerate Payment Infrastructure Expansion Across Emerging Markets
Kenyan fintech HoneyCoin has secured $4.9 million in seed funding to expand its stablecoin-powered payment infrastructure across Africa, Latin America, and Asia. The ...
Kenya
Kenya: Safaricom Integrates PayPal Withdrawals into M-PESA App to Empower Kenya’s Digital Workforce
Safaricom has enhanced its M-PESA super app with a new feature that allows users to withdraw funds directly from PayPal, streamlining access to ...
Kenya
Kenya’s Central Bank Engages Top Banks as Market Makers in Treasury Bond Reforms
The Central Bank of Kenya (CBK) is spearheading a pivotal reform in the country’s bond market by designating top-tier local banks as market ...
Kenya
Kenya: Safaricom Closes Multi-Year Router Loophole That Enabled Free Fibre Internet Access
Safaricom has quietly resolved a long-standing vulnerability in its Home Fibre network that allowed thousands of users to access broadband services without paying ...
