Kenya
Kenya: I&M Bank Reaches 98% Digital Adoption as Kenyan Lenders Shift Focus to Revenue Growth
Kenya’s banking sector is entering a new phase of digital maturity, as I&M Bank disclosed that 98% of its customers now transact through ...
Kenya
Kenya Seeks Public Input on Crypto Licensing Framework
Kenya has opened a public consultation process on draft regulations that will govern cryptocurrency and digital asset businesses, marking a key step toward ...
Kenya
Kenya Moves to Regulate High-Risk AI with Fines and Jail Terms
Kenya is proposing stricter regulation of artificial intelligence systems, with plans to criminalise the deployment of “high-risk” AI tools without prior government approval. ...
Kenya
Kenyan Court Nullifies Law Criminalising ‘False Information’ Online
Court of Appeal of Kenya has struck down legal provisions that criminalised the publication of “false information” online, dealing a significant blow to ...
Kenya
Kenya: Absa Kenya Increases Government Securities Holdings as Lending Growth Slows
Absa Bank Kenya has increased its investment in government securities as subdued loan demand pushed banks to allocate more capital to state debt ...
Kenya
Kenya: COMESA Clears Vodacom’s Bid to Acquire Additional 15% Stake in Safaricom
The Common Market for Eastern and Southern Africa (COMESA) Competition and Consumer Commission has approved Vodacom Group’s plan to acquire an additional 15 ...
Kenya
Kenya: How M-Pesa’s Number Masking Update Could Curb Fraud in Kenya
Since its launch in 2007, M-Pesa — operated by Safaricom — has transformed digital payments in Kenya. But with every transfer, fuel payment, ...
Kenya
Kenya: Safaricom’s $2.1 Billion Stake Sale to Vodacom Sparks Massive Public Backlash in Kenya
Public meetings about the Kenyan government’s plan to sell a 15% stake in Safaricom for about $2.1 billion have ended. The meetings gave a clear ...
Kenya
Kenya: President Ruto Launches Ziidi Trader, Bringing Stock Trading to M-PESA Users
Kenya is taking a major step toward financial inclusion as President William Ruto officially launched Safaricom’s Ziidi Trader, a new tool that integrates ...
Kenya
Kenya: Worldcoin deletes Kenyans’ biometric data after court ruling
Worldcoin has confirmed the deletion of all biometric data collected from Kenyan citizens, following a High Court order that declared the project’s data ...