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. ...
Kenya
Tanzania: Equity Named Best Regional Bank in 2021
EQUITY Group has been named the Best Regional Bank in East Africa by the 2021 African Banker Awards thanks to strong and consistent ...
Kenya
Kenya’s CashBackApp raises $475k pre-seed funding round for expansion
Kenyan customer loyalty startup CashBackApp has raised a US$475,000 pre-seed funding round to help scale its service in Kenya and prepare for expansion ...