Kenya
Kenya: Central Bank of Kenya to cut M-Pesa tariffs
The Central Bank of Kenya (CBK) has announced that it is working on a proposal to cut M-Pesa transfer tariffs in a move ...
Kenya
Kenya: Kenyan Startup Powered by People Secures $5 Million Seed Funding for Global Expansion
Susa Ventures and Golden Ventures led the equity funding round for Powered by People. Investors such as Flexport Ventures, J Ventures, and the ...
Kenya
Kenya: Banks abandon CBK’s SME mobile loans deal
Four lenders selected by the Central Bank of Kenya to give low-cost mobile loans to small businesses under a programme dubbed ‘Stawi’ have ...
Kenya
Kenya: CA Cautions Against Use of SIM Cards Sold By Unlicensed Agents
Communications Authority of Kenya has asked Kenyans to ensure that their Subscriber Identification Module (SIM) cards are registered by the end of April ...
Kenya
Kenya: Kenya sets deadline for SIM registrations
The Communications Authority of Kenya has set a deadline of end of April 2022 for Kenyans to register their Subscriber Identification Module (SIM) ...
Kenya
Kenya: eWAKA Officially Launches Green Response to Africa’s Expanding Transportation Requirements
Fund Raising Effort Underway to Develop Local African Assembly Facility and to Further Expand Robust IT Capabilities eWAKA (https://eWAKA.tech), Africa’s new market entrant that ...
Kenya
Kenya: CBK gives mobile lenders until September to apply for new licences
Digital lenders have up to six months to acquire new licences from the Central Bank of Kenya (CBK) before they are allowed to ...
Kenya
Kenya: Dennis Musau Replaces Abraham Ongenge as Stanbic Bank CFO
Stanbic Bank Kenya has named Dennis Musau as the new Chief Finance and Value Officer effective March 1. Musau will replace Abraham Ongenge ...
Kenya
Kenya: M-PESA reaches 30 million active users in Kenya
Kenya’s largest mobile operator Safaricom has announced that its mobile money platform M-PESA, has crossed 30 million customers using the service every month ...
Kenya
Kenya: Tough Times for Borrowers as CBK Approves Banks’ Request on Loans
Borrowers are set to feel the pinch after the Central Bank of Kenya (CBK) started the process of approving banks’ requests to raise the ...