Kenya
Kenya: Odoo launches a new subsidiary in Kenya
Odoo (www.Odoo.com) chose Kenya to establish its first African office, the beginning of operations was on July 1st 2022. Up to 50 new colleagues to join the ...
Kenya
Kenya: Facebook Risks Ban in Kenya for Failing to Stop Hate Speech
Kenya’s ethnic cohesion watchdog, the National Cohesion and Integration Commission (NCIC), has directed Facebook to stop the spread of hate speech on its ...
Kenya
Kenya: Kenya gives Facebook seven days to comply with regulations
Kenya’s ethnic cohesion watchdog has given Meta Platform’s Facebook seven days to comply with regulations after a report of violations on the social media ...
Kenya
Kenya: US-based fintech Umba buys majority stake in Kenya’s Daraja microfinance bank
Umba, a U.S.-based digital bank with a focus on emerging markets, has acquired a majority share of Daraja, a Kenyan deposit-taking microfinance bank, ...
Kenya
Kenya: Kenyan central bank governor says Flutterwave, Chipper Cash not licensed to operate in Kenya
The Central Bank of Kenya (CBK) says that leading African Fintech firms, Flutterwave Payment Technology Limited and Chipper Cash, are not licensed to ...
Kenya
Kenya: Big tech companies team up to launch a Digital Talent Program in Kenya
Over 30 technology sector players in Kenya have come together to launch a Digital Talent Program which aims to develop digital skills that fit ...
Kenya
Kenya: CBK blocks interest-free Lipa na M-Pesa loan plan
The Central Bank of Kenya (CBK) blocked the launch of a Safaricom-backed zero-interest credit service for purchase of goods, derailing a product that ...
Kenya
Kenya: Safaricom pays IFC Sh474m for Ethiopia entry transactions
Safaricom and its partners in the Ethiopian venture paid the International Finance Corporation (IFC) a transaction fee of $4 million (Sh474 million) for ...
Kenya
Kenya: Tanzanian fintech firm eyes a piece of Kenya’s Sh420 billion remittance
Tanzanian payment financial technology (fintech) firm Nala been on the upswing since it secured pre-seed funding from Accel in 2019, with which it ...
Kenya
Kenya: Airtel Kenya spins off mobile money business
Mobile operator Airtel Kenya, has announced it has split its mobile money business into a separate entity known as Airtel Money Kenya Limited. ...