News

Inside Safaricom’s acquisition of M-PESA Holdings

Safaricom completes full acquisition of M-PESA Holdings, securing control of the iconic mobile money platform in Kenya.

News

Roam introduces Kenya’s first locally manufactured electric bus

Roam (formerly Opibus) has launched Kenya's first locally manufactured electric bus, to power a truly sustainable mobility ecosystem that electrifies the region’s public transport network.

News

Kenya withdraws 30% shareholding rule for Big Tech

Kenya has reversed its shareholding rule that insists that Big Tech companies must sell 30% of their shares to Kenyan locals.

News

In July, Kenya will launch “the cheapest smartphone in Africa”

Following President Ruto's announcement on Kenya's plan to manufacture the cheapest smartphones in Africa, the country says the launch will hold in July.

News

Kenya licenses 12 more digital credit providers — making it 22

The Central Bank of Kenya has issued digital credit providers' licences to 12 more lenders in the digital loans market, taking the number of licensed digital lenders to 22.

News

Nigerian fintech startups, Kora and Kandon cleared of money laundering allegations in Kenya

Following investigations by Kenyan authorities, Nigerian fintech startups, Kora and Kandon have been cleared of money laundering allegations.

News

How Meta, Twitter and TikTok are preparing for the 2022 Kenyan General Elections

Social media companies including Facebook, Twitter and TikTok have been modifying their platforms to avoid the spread of misinformation.

News

Only 10 digital credit providers are licensed in Kenya — CBK

The Central Bank of Kenya has licensed only 10 digital credit providers in the country.

Funding

Pula raises $6 million to scale agricultural insurance for farmers across Africa

Pula, an African InsureTech service provider startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a $6 million Series A fundraise.

News

How significant is Google Maps’ motorcycle mode to Kenya’s transportation system?

The motorcycle (Boda boda) sector in Kenya is a multi-billion dollar one, however, they are plagued by frequent accidents (11% of the total number of road accidents). One of such causes is unfamiliarity with the road, Google Maps' can solve that.