Intelligence
Kenya: Firms in Kenya Less Able to Scale Up Despite Increased Listings – World Bank
Firms in Kenya are less able to scale up despite the increased creation of new firms, World Bank has said highlighting a trend ...
Kenya
Kenya: Tingg by Cellulant Wins Overall Mobile App of The Year at The Mobile App Awards Gala in Kenya
Cellulant unveiled a new brand identity for the Tingg app (formerly Mula) earlier in 2021 Tingg, the all-in-one super payments app, won the ...
Kenya
Kenya: Local banks hold Sh695bn pegged on expiring UK rate
The Central Bank of Kenya (CBK) has revealed that 27 local lenders have an exposure of Sh695.3 billion to the expiring London Inter-Bank ...
Kenya
Kenya: Safaricom waives M-Pesa fees for Sh1bn drought funds
Safaricom will wire Sh1 billion government funds to households in drought-stricken counties free of charge through its mobile money platform M-Pesa. The deal with ...
Kenya
Kenya: CBK approves liquidation of Imperial Bank
The Central Bank of Kenya (CBK) has approved the liquidation of collapsed Imperial Bank, setting the stage for the sale of the lender’s ...
Kenya
Kenya fintech Hisa launches U.S. stocks trading platform for Kenyans
Hisa Technologies has unveiled the Hisa mobile that allows anyone in Kenya to invest in US stocks and ETFs directly from their phones through mobile ...
Kenya
Kenya: Digital lenders have six months to acquire license
Kenya’s president signs new law to police digital lenders, apps have six months to apply for licenses Getting loans in banks can be ...
Kenya
Kenya: Workpay partners with Kwara to offer streamlined HR & Payroll services to SACCOs in Kenya
The partnership will enable SACCOs to efficiently manage their Human Resource operations in one platform Digital banking fintech startup Kwara (www.Kwara.com) has partnered ...
Kenya
Kenya: B2B MarketForce joins hands with Cellulant for African expansion
The Kenya-based B2B retail and financial services distribution MarketForce has partnered with local fintech Cellulant to expand the first’s RejaReja super app into five additional African ...
Kenya
Kenyan agri-tech startup Shamba Pride raises $1.1m funding round
Kenyan agri-tech startup Shamba Pride has raised a US$1.1 million funding round to support its expansion across the country and roll out its ...