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 ...
Kenya
Kenya: InsurTech Turaco and M-Kopa increase insurance penetration
Turaco and M-KOPA celebrate a key milestone of insuring over 16,000 emerging market consumers in Kenya through their partnership which aims to provide M-KOPA customers and ...
Innovation
Kenya: Absa Bank pioneers Whatsapp Banking
Absa Bank simplifies complex banking procedures for customers as it launches Whatsapp banking. Kenyan Bank Absa Bank has inaugurated a WhatsApp-based, 24/7 operating, ...
Intelligence
Kenya: 84% of Kenyans Say Digital Devices, Services Have Improved Their Daily Lives
Digital devices and services have improved the daily lives of 84 percent of Kenyans – while nearly one third said that it had ...
Intelligence
29% of corporate users in Kenya experienced financial malware attacks in the first half of 2021
Although Kaspersky’s (https://africa.Kaspersky.com) research shows that the overall number of financial malware attacks in Kenya has decreased in the first half of 2021, ...