Kenya
Kenyan Startup tappi Raises $1.5 Million Pre-Seed Funding, Expands Digital Commerce Solution for SMEs
In a remarkable development, Kenyan startup tappi has secured $1.5 million in pre-seed funding, just six months after receiving $180K from SOSV’s Orbit ...
Kenya
Kenya: Central Bank of Kenya Exposes Unlicensed Auto Financing Firms
The Central Bank of Kenya (CBK) has disclosed that five prominent companies providing vehicle, motorcycle, and asset financing to low-income individuals across the ...
Kenya
Kenya: CAK Initiates Lower Termination Rates, Promising Reduced Calling Costs for Kenyans
The Communications Authority of Kenya (CAK) has taken a significant step by capping Mobile Termination Rates (MTRs) and Fixed Termination Rates (FTRs) at ...
Kenya
Kenyan Lawmakers Collaborate with Blockchain Association to Draft Crypto Regulatory Framework
Kenya is poised to potentially lead the world in allowing industry representatives to develop the regulatory framework for cryptocurrency. The Blockchain Association of ...
Kenya
Kenya: Bolt Kenya Ordered to Compensate Driver $662,743 and Rectify Account Deactivation
Bolt Kenya has been instructed to pay 1,000,008,000 Kenyan shillings ($662,743) to one of its drivers, Kennedy Wainaina Mbugua, by Friday, November 3. ...
Kenya
Kenya Introduces New Digital ID Legislation with Added Facial and Iris Biometrics
The Kenyan government has revised and gazetted legislation to accommodate a new biometric citizen registration method for an upcoming digital ID system pilot. ...
Kenya
Kenya: Bolt Kenya Temporarily Suspends 5% Booking Fee Amid License Renewal Uncertainty
Bolt Kenya has decided to temporarily suspend its 5% booking fee while it seeks clarification from the National Transport and Regulatory Authority (NTSA) ...
Kenya
Kenya: Bolt Kenya Addresses License Renewal Controversy and Booking Fee Charges
Amidst the ongoing discussions surrounding the renewal of its operating license in Kenya, Bolt Kenya is optimistic that a resolution will be reached ...
Kenya
Kenya Plans $500 Million Eurobond Buyback with New Loans, Says Central Bank Governor in Exclusive Interview
Kenya is in the process of repurchasing up to a quarter of its $2 billion 2024 international bond by the end of this ...
Kenya
Kenya: KRA’s Innovative Approach to Combatting Overseas Tax Evasion
The Kenya Revenue Authority (KRA) is set to implement a cutting-edge system designed to receive and analyze data from over 130 countries in ...