Kenya
Kenya: Andrew Musangi Nominated by President Ruto as Central Bank of Kenya Chairman
President William Ruto has put forward the name of lawyer Andrew Musangi as the nominee for the Chairperson position at the Central Bank ...
Kenya
Kenyan Fintech Zanifu Secures $11.2 Million to Expand Inventory Financing Services
Zanifu, a Kenyan fintech startup, has successfully raised $11.2 million in a funding round focused on debt-equity financing. The funds will be used ...
Kenya
Kenya Collaborates with UNDP for Digital ID Support and Introduces “Maisha Namba”
Kenya has entered into a Memorandum of Understanding with the United Nations Development Programme (UNDP) to provide support for the country’s digital identity ...
Kenya
Kenya’s central bank allots licence to 12 new digital loan providers
The Central Bank of Kenya (CBK) has granted licenses to 12 new digital lenders, expanding the count of licensed digital credit providers in ...
Kenya
Kenya: Airtel Money Increase Daily Transaction Limit, Allowing Transactions up to Sh500,000
Airtel Money customers can now enjoy an expanded financial scope, as the mobile money provider has received regulatory approval from the Central Bank ...
Kenya
Kenya: Safaricom Raises M-PESA Account Limits to Boost Business Transactions
Safaricom, the telecommunications giant in Kenya, has revealed its plan to enhance M-PESA account and daily transaction limits after securing approval from the ...
Kenya
Kenya: Nairobi Court Freezes 45 Bank Accounts and 10 Mobile Money Wallets of Flutterwave Amid Allegations
A Nairobi court in Kenya has ordered the freezing of 45 bank accounts and 10 mobile money wallets owned by Flutterwave, a Nigerian ...
Kenya
Kenya: Safaricom Shareholders Approve Investment in Startups through New Subsidiaries
Safaricom shareholders have given their approval for the telecom company to invest in new and growing startups in the technology sector through the ...
Kenya
Kenya: Uber Introduces M-PESA Payments and Enhanced Safety Feature for Riders in Kenya
After a long-awaited integration, ride-hailing app Uber has finally introduced M-PESA payments on its platform in Kenya, allowing riders to conveniently settle their ...
Kenya
Kenya Halts Worldcoin’s Crypto Project Amid Safety Concerns
The Kenyan interior ministry announced on Wednesday (August 3, 2023) that it has suspended the local operations of the cryptocurrency project Worldcoin while ...