Kenya
Kenya: IMF Approves $1 Billion Loan to Kenya Amid Growing Debt Concerns
Kenya is grappling with a challenging economic situation characterized by unsustainable borrowing, rising debt servicing costs, and limited revenue generation. Despite widespread criticism ...
Kenya
Kenya: Kenya Gets $415mn IMF Loan
Kenya has been granted access to raise a $145.4 million loan from the International Monetary Fund (IMF) after the executive board completed the ...
Kenya
Kenya: Absa Bank Kenya Introduces ‘Buy Now, Pay Later’ Feature for Cardholders
Absa Bank Kenya has introduced a new feature called ‘Buy Now, Pay Later (BNPL)’ that enables its cardholders to make payments in installments ...
Kenya
Kenya: Absa and Visa Collaborate to Empower SMEs with Digital Payment Solution
Absa Bank Kenya has joined forces with Visa to deliver digital payment solutions to small and medium-sized enterprises (SMEs). Through the introduction of ...
Kenya
Kenya: Court Freezes 45 Bank Accounts Of Flutterwave
A court in Nairobi, Kenya has frozen 45 bank accounts and 10 mobile money wallets belonging to Flutterwave, a Nigerian-owned financial technology firm ...
Kenya
Kenya: CBK, Bankers Association Roll Out Financial Literacy Campaign to Encourage Saving Culture
The Kenya Bankers Association (KBA) is working with the Central Bank of Kenya (CBK) to encourage a saving culture among Kenyans. Of target ...
Kenya
Kenya: Unlimit Launches Operations in Kenya
Unlimit, the leading global fintech and payment solutions company, is thrilled to announce its entry into the Kenyan market and the receival of ...
Kenya
Kenya central bank says digital currency not a ‘compelling priority’
Kenya’s central bank does not consider the issuance of a digital currency a “compelling priority” but it will continue monitoring developments in the ...
Kenya
Kenya: CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling and hasn’t reached a ...
Kenya
Kenyan edtech Zydii raises pre-seed funding to enter Nigeria and South Africa
Zydii, a Kenyan platform that offers digital training in technical and soft skills useful for the development of businesses and their employees, has ...
