Innovation
Kenya: Interswitch, sacco sign digital payment deal
Electronic payment company Interswitch Group has inked a deal with K-Unity Sacco to provide its more than 100,000 members secure digital payment solutions. ...
Kenya
Kenya: KOSA.ai receives pre-seed round investment from EchoVC
EchoVC proudly announces a pre-seed investment into KOSA.ai – an AI-driven Kenya startup running an automated responsible platform that supports enterprises in building and deploying ...
Innovation
In a bid to Improve Cross-Border Trade Across Africa, Link Commerce Partners with Cellulant to avail relevant digital payment options to online Shoppers
The partnership between Cellulant and Link Commerce aims to break barriers between local and international commerce by addressing payment needs Pan-African payments company, ...
Kenya
Kenya: Safaricom to Hide Lipa Na M-Pesa IDs
Safaricom is set to start blocking the contact details of Lipa na M-Pesa users. This comes as the leading telecommunications firm moves to ...
Kenya
Kenya Issues Draft Regulations for Crowdfunding Platforms
The Cabinet Secretary for National Treasury and Planning has published regulations that require all persons who operate or intend to operate an investment-based ...
Kenya
Kenya: CMA Pushes Kenyan Firms to Acquire Bank-Backed Guarantees in Bond Issue
Kenya’s Capital Markets Authority (CMA) is working on new measures to revive the troubled corporate bond market that will see companies with weaker ...
Kenya
High court tells Safaricom to compensate visually impaired man
Kenya’s leading telecommunications company, Safaricom, was fined by a high court to compensate a blind man with KSH 6 million (approximately $56,000) over ...
Kenya
Nairobi is Top Fintech City in Africa: 2021 Global Fintech Rankings
Nairobi is the city with the largest fintech ecosystem in Africa, according to 2021 Global Fintech Rankings. Kenya’s commercial nerve centre jumped 26 ...
Kenya
Kenya: KDIC Rolls Out Banks’ Risk-Based Premium Model After One-Year Suspension
Kenya has rolled out the risk-based insurance premium model for commercial banks after a one-year suspension due to the Covid-19 crisis. The Kenya ...
Kenya
Kenya locks out borrowers with multiple mobile loans
Standard Chartered Bank Kenya will lock out borrowers with multiple digital loans from its mobile lending app that will be unveiled in the coming ...