Kenya
U.S. Tech Investors Raise Red Flags Over Corruption, IP Gaps, and Digital Tax Risks in Nigeria and Kenya
Nigeria and Kenya—two of Africa’s leading technology hubs—are facing renewed scrutiny from U.S. tech investors over persistent governance and regulatory challenges that are ...
Fintech
Kenya’s Digital Payments Revolution: Lessons for Banks and Fintechs from M-Pesa’s Market Disruption
Kenya’s financial ecosystem continues to set a benchmark for digital innovation across Africa, with M-Pesa and mobile network operators at the heart of ...
Innovation
Kenya Unveils First Crypto Regulation Bill to Govern ICOs, Stablecoins, and Digital Asset Platforms
In a landmark move signaling a shift in its digital finance strategy, Kenya has introduced its first comprehensive legislation to regulate the cryptocurrency ...
Kenya
IMF Review: Kenya Confronts Intensified External Financial Risks – Fitch
Kenya’s financial landscape is facing mounting external risks following the cancellation of its ninth and final review under the current Extended Fund Facility ...
Fintech
Kenya: Lipa Later Placed Under Administration Amid Financial Turmoil and Failed Fundraising
Kenyan buy-now-pay-later (BNPL) fintech Lipa Later has officially entered administration as of March 24, 2025, following prolonged financial struggles and unsuccessful fundraising efforts. ...
Kenya
Kenya’s Digital Lending Boom Fuels Financial Inclusion and Economic Growth
A recent report by the Digital Financial Services Association of Kenya (DFSAK) reveals that Kenyans borrow approximately $3.85 million (Ksh 500 million) daily ...
Fintech
Global: dLocal Expands Google Play Payment Options in Kenya with Airtel Mobile Money Integration
Global payment solutions provider dLocal has partnered with Airtel Mobile Money to enhance digital payment accessibility for Google Play users in Kenya. This ...
Kenya
Kenyan Court Dismisses Lawsuit Alleging Safaricom Stole “Reverse Call” Concept
A Nairobi court has ruled in favor of Safaricom, dismissing a lawsuit filed by Davidson Ivusa, a Kenyan innovator who accused the telecom ...
Fintech
Nigeria’s NIBSS and Ceva Compete for Kenya’s Fast Payment System Project
Nigeria’s Interbank Settlement System (NIBSS) and Kenyan payment solutions provider Ceva Limited are actively lobbying Kenyan President William Ruto to secure the contract ...
Fintech
Kenya: Airtel Money Expands Market Share as M-PESA Sees Fifth Consecutive Decline
Kenya’s mobile money landscape is undergoing a significant shift as M-PESA experiences its fifth consecutive quarterly decline in market share. Increased competition from ...