Kenya
Kenya: Fintech Emerges as Kenya’s Most Prevalent Tech Startup Sub-Sector
In Kenya, fintech has emerged as the country’s most prevalent tech startup sub-sector, accounting for 30.2% of all young tech companies in the ...
Kenya
Kenya’s GDP Growth Slowdown in Q3
Kenya’ gross domestic products (GDP) growth printed at 4.7per cent year-on-year in the third quarter of fiscal year 2022, representing 9.3% decline in ...
Kenya
Kenya: Norwegian Firm Wakandi Gets CBK Nod to Offer Online Payment Services
Norwegian start-up Wakandi has secured a regulatory licence from the Central Bank of Kenya (CBK) to provide digital payment services. The payment service ...
Kenya
Kenya: Cellulant Voted Kenya’s Leading Online Payment Platform
Pan-African digital payments provider Cellulant has been named Kenya’s best online payment platform during 2022 Top Star Brand Awards. The Kenyan-founded start-up was ...
Kenya
Kenya: Oppo fined Sh5m for breaching data laws
Mobile phone reseller Oppo Kenya is the first casualty of the recently enacted privacy laws after it was fined Sh5 million by the ...
Kenya
Kenyan bitcoin mining startup Gridless raises $2m seed funding for expansion
Kenya’s Gridless, a bitcoin mining company helping to bring new energy generation to rural communities in East Africa, has secured US$2 million in ...
Kenya
Kenya: KRA wins Sh621 million tax fight with Coop Bank
Kenya Revenue Authority (KRA) has won an Sh621 million tax battle against the Co-operative Bank of Kenya arising from financial transactions between 2013 ...
Kenya
Kenya: KRA starts crackdown on hidden employee perks
The Kenya Revenue Authority (KRA) has started a crackdown on firms under-declaring their payrolls in what will see thousands of employees pay taxes ...
Kenya
Kenya: Zeraki, a Kenyan edtech providing digital solutions for school admin, raises $1.8M
Zeraki, a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 million seed funding in a round ...
Kenya
Kenya: Ecobank on the spot over Sh4bn fraud suit
Ecobank is on the spot over a Sh4 billion fraud case involving an online payment company that had been linked to an international ...