Kenya
Kenya: Central bank raises Sh31 billion as May bond auctions fall below target
The National Treasury has raised Sh31.73 billion from the sale of two May bonds, falling below the target of Sh60 billion. The papers ...
Innovation
Kenya: Liquid brings additional subsea cable capacity in Kenya in partnership with PEACE Cable Company
The additional capacity will help increase the proliferation of faster and more affordable internet, Cloud and cyber security services to the African people ...
Kenya
Kenya’s mobile money transactions surge by 63% in 2021 — report
Next revolution after mobile money, cryptocurrency, and Kenya is among leading African countries in uptake According to data provided by the Kenya National ...
Kenya
Kenya: Cellulant Kenya, Bank Launch Payments Gateway to Accelerate Cashless Payments
The volume of global cashless transactions is set to grow by more than 80% between 2020 and 2025 according to the Payments 2025 ...
Kenya
Kenya: Mobile Subscriptions in Kenya Slows in 2021
Mobile subscriptions in Kenya increased by 6.0 percent to 65.1 million in 2021, slower growth than the 12.6 percent growth registered in 2020. ...
Kenya
Kenya: Safaricom boosted by prime spectrum for 5G rollout
Safaricom has been allocated a prime internet spectrum for its fifth-generation (5G) mobile technology network, pushing it closer to rolling out commercial superfast ...
Kenya
Kenya: Family Bank Approves Sh1.1 Billion Dividend Following Impressive 2021 Results
Family bank shareholders have approved a Sh1.1 billion, Sh0.83 per share, dividend pay-out at its 15th Annual General Meeting. This follows an impressive ...
Kenya
Kenya: Cyberattacks Remain Key Risk in Digital Banking-CBK
Commercial banks have identified cyberattacks as a key risk to innovation as they continue to inch towards digitalization, a new survey shows. The ...
Kenya
Kenya: Bank profits jump 18 percent in two months on increased lending
The pre-tax profit of Kenyan banks jumped 18.8 percent in the first two months of the year on increased lending and reduced provisioning ...
Kenya
Africa’s fastest growing companies are in Kenya and Nigeria, a new FT survey shows
The two fastest-growing companies in Africa are in Kenya, according to a new ranking released by the Financial Times on Tuesday, and five of ...