Kenya
Kenya: ViewTech gets CBK nod to take on M-Pesa
Nairobi-based electronic payments firm ViewTech has been authorised by the Central Bank of Kenya (CBK) to facilitate in-person payments through the mobile phone ...
Kenya
Kenya: Digital lenders cut credit to Kenyans after CBK directive
Digital lenders have reduced lending by nearly half to shield themselves from higher defaults. This is after the Central Bank of Kenya (CBK) ...
Innovation
Kenya: UNICEF and Liquid Intelligent Technologies launch a partnership to help Giga bridge the digital divide in Africa
The partnership will initially focus on Kenya but will aim to incorporate other Liquid markets over time UNICEF and Liquid Intelligent Technologies (www.Liquid.Tech), ...
Kenya
Kenya: CBK retains base lending rate at 7%
The Central Bank of Kenya (CBK) on Monday retained the base lending rate at 7 percent for the eleventh time in a row ...
Kenya
Safaricom opens bids for Kenya Power high-tech system installation
Telecoms operator Safaricom is inviting bids for companies to install high-tech, anti-theft systems and smart electricity meters for state utility company Kenya Power’s consumers. The ...
Kenya
Kenya: EIB Opens Africa Hub, Back Private Sector Recovery With Fund
On his first official visit to Africa since the start of the COVID-19 pandemic, European Investment Bank (EIB) President Werner Hoyer and Vice ...
Kenya
Kenya fintech startup Asilimia raises $2M pre-seed funding
Kenyan fintech Asilimia has secured $2 million in pre-seed funding to deliver new services and expand into new East African markets. The fintech startup raised ...
Kenya
Kenya: Cellulant to Power Payments for ImaliPay’s Drive for Gig Workers’ Financial Inclusion
The partnership will further drive financial inclusion by allowing ImaliPay users to access financial services quicker through Cellulant’s payment rails ImaliPay, the one-stop ...
Kenya
Kenya: CAK Flags 12 Banks With Hidden Mortgage Charges
Home loan borrowers could get better terms after the competition watchdog directed 12 banks to revise their terms and conditions, citing hidden charges ...
Kenya
Kenyan Banks Top 2021 Regional Rankings
Kenyan Banks have emerged top of their other East African counterparts in the 2021 ranking of the continent’s top 100 banks by tier ...