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Financial Services

Kenya’s Equity Group enters Health Insurance market as integrated banking model takes shape

Backed by strong digital platform growth, this expansion aligns with its growing digital footprint and strong financial performance.

Financial Services

Access Bank sets 2025 finish line for $100M acquisition of KCB unit

“My expectation is that before the end of the third quarter, we should see significant progress made on the NBK transaction. Without a doubt, it will be a 2025 play,” Ogbonna stated

Crypto

Kenya Partners with Canadian Firms to Launch Blockchain-Powered Digital Exchange

Kenya's Nairobi Securities Exchange is partnering with Canadian blockchain firms to launch the Kenya Digital Exchange (KDX) a regulated platform for tokenizing real-world assets. This bold move aims to transform Africa’s financial markets through blockchain innovation.

Financial Services

Kenyan loan app Whitepath fined $2,000 for privacy violations and harassment

Since its 2019 launch, this marks the company's second privacy violation penalty.

News

OpenAI and Meta’s AI outsourced jobs in Kenya: Big promises, $2 paychecks

Having to endure gruelling tasks for a fraction of the pay received by outsourcing firms, Kenyan workers labelling data for OpenAI and Meta's AI systems are exposing an industry rife with exploitation.

Mobility

BasiGo secures $41.5M to drive Electric Bus expansion in Kenya and Rwanda

BasiGo Kenya, has successfully raised $41.5 million in Series A equity and debt funding.

Deep Tech

Kenya wants attention in Africa’s drone industry

Kenya fancies its position as a major player in Africa’s taking-off drone space, having had efforts spanning healthcare, agriculture, and logistics.

News

Starlink is at the center of an ongoing spectacle in Kenya’s internet space

It's unlikely works are worrisome for operators; a top telco wants authorities to look into the situation

Mobility

Ride drivers in Kenya commence five-day protest over Uber and Bolt’s non-implementation of 18% commission.

Kenyan Ride-hailing drivers have resorted to public protests over commission rates demanding that the government limit Uber and Bolt’s service fees

Travel

Kenya is visa-free but there’s a caveat

We examined the Kenya visa-free regime and the introduction of the eTA, Electronic Travel Authorisation.

Startup Life

Copia secures $15M in Series C extension to intensify focus on Kenyan operations

Copia Global has secured $20 million in a Series C extension round. The Kenyan e-commerce startup has also appointed John Lazar, the former CEO of Metaswitch, to its board

News

Kenya’s startup bill set to become law by April 2024

President Williams Ruto has announced that the Kenyan Startup Bill will be signed into law in April 2024. Here are a few things you need to know about the legislation.

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