Kenya
Kenya: Digital shilling risks harming price stability goal, says CBK
The Central Bank of Kenya (CBK) has raised concerns that running a digital currency will interfere with its core mandates including stabilising prices, ...
Kenya
Kenya: Kenya Serviced Foreign Loans with $1.2bn in 2021
Kenyan treasury on Monday reported that the country paid 137 billion shillings or about 1.2 billion U.S. dollars in 2021 to service its ...
Kenya
Kenya: MarketForce raises $40M Series A to Scale Up the Super App for Africa’s Informal Merchants
In sub-Saharan Africa, approximately 90% of household retail transactions are in cash, and delivered through a network of about 100 million MSMEs Today, ...
Kenya
Kenya: Family Bank Named Kenya’s Best Bank in Customer Responsiveness
Family Bank has been voted best bank in customer responsiveness and digital banking experience in a survey conducted by the Kenya Bankers Association. ...
Kenya
Kenya: Bank ATM Visits Drop to 9.8% – KBA
The number of bank customers who prefer to visit bank ATMs to access cash has continued to dip as more banks move towards ...
Kenya
Kenya: Cellulant Receives Approval for PSSP Operations in Kenya
Central Bank of Kenya has granted Cellulant a Payment Service Provider authorisation in Kenya, enabling the company to expand its payments offering for ...
Kenya
Kenya: Safaricom subscribers to earn 100% data incentive
Kenya’s leading mobile network operator Safaricom, has launched a new data campaign dubbed Nyakua Data Dabo Dabo, which will see customers enjoy 100% bonus data ...
Kenya
Kenya: Standard Chartered Launches Shilingi Funds for Everyday Saving & Investing
Standard Chartered Bank Kenya has partnered with Sanlam Investments East Africa Ltd (Sanlam) and Mangosteen BCC Pte Ltd (Bambu) to launch SC Shilingi ...
Kenya
Kenya: CBK tips new digital shilling to take on high M-Pesa charges
The proposed Central bank digital currency (CBDC) will help bring down the transaction fees currently charged on digital payments in what could make ...
Kenya
Kenya: CBK tests market with digital Kenya shilling
What you need to know: The Kenyan version of the Central Bank Digital Currency (CBDC), whose introduction has been under debate for the ...