Intelligence
Kenya: Remittances to Kenya shrink 7.1 per cent in August
Despite the monthly drop, this is a 14.2 per cent increase when compared to the same period last year. Diaspora remittances sent into ...
Kenya
Safaricom in $300 million Kenya Power smart meter deal
Kenyan telecoms operator Safaricom, has submitted a proposal to Kenya Power for the installation of a $300 million smart meter system, in a deal aimed ...
Intelligence
Kenya: China Claims 70 Per Cent of Kenya’s Debt, Says CBK
A new analysis of the composition of Kenya’s bilateral lenders by Central Bank of Kenya (CBK) shows that China controlled less than one ...
Kenya
Kenya: Cellulant, Ecobank and GAINDE 2000 Sign a Partnership with KenTrade to Provide a Payment Gateway to Enhance Service Delivery
With this new partnership, Importers and Exporters will enjoy premium services on the TradeNet system To offer efficient and robust services to their ...
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 ...
