Kenya
Kenya seeks World Bank funding for several digital projects
Many digital projects are underway in Kenya. The government has given itself ten years to carry them out, in partnership with the private ...
Kenya
Kenya’s Smile Identity gets $20 million for expansion.
Smile Identity, a Nairobi-based identity verification company, has raised $20 million in a Series B fundraising round headed by Norrsken22 and Costanoa Ventures. ...
Kenya
Kenya: The ADB opens a second ICT center of excellence in Kenya
On Wednesday, February 1, 2023, the African Development Bank (AfDB) inaugurated a second center of excellence in information and communication technologies at the ...
Kenya
Kenya: BuuPass raises $1.3M to scale mobility sector digitization in Africa
The public transport sector in Kenya is largely traditional, and a majority of operators, especially those in road travel, still require their clients ...
Kenya
Kenya: Nigerian company Flutterwave to get back frozen Sh6.6 billion
African giant online payment service provider Flutterwave is on the verge of getting back its “dirty” Sh6.6 billion, as President William Ruto’s administration ...
Kenya
Kenya: Liquid Telecom, Nokia to Deploy Fast Internet Speed in Kenya
Internet service provide Liquid Telcom will work with Nokia to offer Kenyans fast internet connectivity, boosting innovation. In the deal, Nokia will deploy ...
Kenya
Kenya: CBK Retains Base Lending Rate At 8.75% On Easing of Inflation
The Central Bank of Kenya (CBK) has retained its lending base rate at 8.75 percent on easing inflationary pressure that saw the cost ...
Kenya
Kenya: CBK, Treasury Approve Equity Bank Acquisition of Spire Bank
Equity Bank Kenya is set to commence the acquisition of certain assets and liabilities of Spire Bank Limited following approvals from the Central ...
Kenya
Kenya: CBK grants licences to 12 more digital lenders
The Central Bank of Kenya (CBK) has licensed 12 more digital lenders, bringing to 22 the total number of licensed Digital Credit Providers ...
Kenya
Kenya: Digital lenders protest CBK nod delay amid Google ban
Digital lenders are protesting delays in getting operational licences from the Central Bank of Kenya (CBK) amid their blockade from Google Play store ...