Kenya
Kenya fintech Pezesha gets 7-figure seed extension from GreenHouse Capital to fuel Africa expansion
Pan-African fintech Pezesha to build scalable lending infrastructure for SMEs and institutions has announced a seven-figure growth funding round led by GreenHouse Capital (Africa’s first ...
Kenya
Kenya: M-Pesa Reaches 50mn Active Monthly Customers
Safaricom has announced that its mobile money service M-Pesa has reached 50 million monthly active customers. M-Pesa Africa MD, Sitoyo Lopokoiyit, in a ...
Intelligence
Kenya: Banking Sector Accounts for 27% of Corporate Taxes
The banking sector contributed 27 percent of all corporate taxes paid in Kenya in 2019 and 2020, a survey by Pricewaterhouse Coopers (PwC) ...
Kenya
Kenya insurtech startup MotiSure launches API platform
MotiSure a Kenya insurtech has launched an API-powered platform that provides personal accident cover for both riders and commuters by embedding insurance in their ...
Kenya
Kenya: Octagon Africa, SaveApp Group partner to launch ‘Ukonga’ micro-savings App
Octagon Africa and SaveApp Group have partnered to launch a micro-savings solution dubbed Ukonga, a revolutionary platform that enables users to save their ...
Kenya
Three Kenyans aiming for a spot in the Top 10 Africa’s Business Heroes Prize
Three remarkeable Kenyan enterpreneurs have made it to the final Top 20 Africa’s Business Heroes (ABH) prize competition – a flagship philanthropic programme ...
Kenya
Kenya: Banks, CBK hold talks on return of mobile cash transfer charges
Banks are in talks with the Central Bank of Kenya (CBK) to reinstate charges on customers’ transfer of money from bank accounts to ...
Kenya
Kenya: KCB Group PLC Completes Acquisition of Popular Bank of Rwanda
KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and Arise B.V. This ...
Kenya
B2B Kenyan-based retail startup, MarketForce, raises $100,000 in funding
MarketForce, Kenya’s retail platform delivering complete functional solutions to consumers, has received a $100,000 investment from the Harambeans Prosperity Fund, an initiative of the Harambe ...
Kenya
Kenya: Boost for e-Commerce as Pesapal Meets Regulatory Requirements in Kenya and Tanzania
E-commerce and payment gateway Pesapal Limited has received accreditation as a Payment Service Provider in Kenya and an Application Service License for Tanzania. ...