Kenya
Kenya: Korean firm to implement Nairobi smart transport system
The Kenya Urban Roads Authority (KURA) has partnered Korean consortium Cheil Engineering Company Limited for the design and rollout of the Sh6.5 billion ...
Kenya
Kenya: CBK Raises Base Lending Rate to 7.5%, Cites Elevated Risks to Inflation Outlook
The Central Bank of Kenya (CBK) has raised the base lending rate to 7.50 per cent citing elevated inflation risks due to increased ...
Kenya
Kenya: Faulu Bank Launches New Contactless Cards With 3D Security Features
Faulu Microfinance bank has launched its new contactless card which now allows its users to tap and pay on the go. The card ...
Kenya
Kenya launches Africa’s first ICT standard for persons with disabilities
The Kenya Bureau of Standards (KEBS) in partnership with inABLE, has launched the first-ever Kenya Standards Accessibility-ICT products and services for persons with disabilities. According to ...
Kenya
Kenya: Kenswitch and Absa Customers in Kenya to Use ATMs Interchangeably
Kenswitch and Absa have announced a partnership that will see the two financial service companies’ customers access services interchangeably. The two partners say ...
Kenya
Kenya: Equity Introduces Chat Banking On Whatsapp, Facebook and Telegram
Equity has introduced its Equity Virtual Assistant (EVA), the Bank’s chat banking platform on social media platforms including WhatsApp, Facebook Messenger, and Telegram. ...
Kenya
Kenya: Supreme court of Kenya agrees to hear Absa appeal in a tax dispute
The Supreme Court has agreed to hear a case by Absa Bank Kenya challenging a move by the Kenya Revenue Authority (KRA) to ...
Kenya
Kenyan retail-tech startup Bamba raises $3.2m seed round
Kenya’s Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured US$3.2m in seed funding to scale its app and build out ...
Kenya
Kenya: Bamba, a pan-African fintech app focused on small businesses, has just secured $3.2million in seed funding
Bamba, founded in 2022 by serial entrepreneur and investor Bastian Gotter, is a mobile application focusing on simple tools for merchants to manage ...
Kenya
Kenya: Kenya-based FlexPay Receives Undisclosed Amount of Funding From Cairo Angels
Kenyan fintech startup, FlexPay, has received an undisclosed amount of funding from early-stage startup investor, Cairo Angels Syndicate Fund (CASF). Online and offline ...
