Mobile Money Accounts Surpass Traditional Bank Use in Low Income Countries
Mobile money is one of the main drivers of financial inclusion in low-income economies where such financial accounts surpass traditional bank ones.
Kenya
Kenya Enters the Digital Asset Era with Launch of KDX by DeFi Technologies, SovFi, and NSE
Kenya Digital Exchange (KDX) will enhance the country‘s financial market infrastructure by offering a secure and fully regulated way to tokenise real-world assets.
16th Africa Bank 4.0 Summit – Pan Africa
Event Link: www.biiafricabanksummit.com/16summit Event Registration: www.biiafricabanksummit.com/register Download Event Agenda: www.biiafricabanksummit.com/download-agenda The 16th Edition of Africa Bank 4.0 Summit, will draw a Pan African focus on “Innovation for a Sustainable Future: Building Africa’s Inclusive and Resilient Banking Ecosystem”. 🗓 Conference and Exhibit: 13th – 15th May, 2025 🏆 Africa Bank 4.0 Awards (Pan Africa): 14th May […]
20th Edition Connected Banking Summit Innovation & Excellence Awards 2025 – East Africa
Empowering East Africa’s Financial Future March 12, 2025 | Nairobi, Kenya The 20th Edition Connected Banking Summit Innovation & Excellence Awards 2025- East Africa is schedule to take place on March 12, 2025, in Nairobi, Kenya. This year’s summit focuses on empowering the region’s financial future by addressing pressing challenges, celebrating innovative solutions, and fostering collaboration […]
Biggest Kenyan Bank to Boost Loans
Equity Group Holdings Plc, Kenya’s largest bank by market capitalization, intends to increase lending in the domestic market by 5% in the second half of the current year.
Leading Fintech Companies in Kenya 2024
Kenya’s standing as a preeminent hub for financial technology in the African continent is unquestionable and well-established. According to the comprehensive African Tech Startups Funding Report 2023, released by Disrupt Africa, Kenya proudly hosts approximately 15% of all fintech firms operating in Africa.
Marathon Digital to Enhance Kenya’s Energy Sector Transformation
Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across Kenya
Microsoft and G42 Announce Geothermal Data Center in Kenya
Microsoft and G42, a leading AI company in the United Arab Emirates, have joined forces to implement a project that involves the construction of a geothermal-powered data center in Kenya.
Tala Kenya Digital Lender Plans to Diversify Product Portfolio With a Savings Offering
The new saving product targets Tala Kenya’s existing pool of 3.5 million customers, helping the company’s transition from a digital lender to a full-scale financial provider.
Kenya and U.S. to Partner on Developing Green Manufacturing Base
The partners will focus on clean energy, electric vehicle supply chains, and data centers. The new deal will leverage Kenya’s green energy production to help U.S. companies shrink their carbon footprint.
Revolut Launches Cross-Border Mobile Wallets
Digital bank Revolut has introduced a new cross-border money transfer service called Mobile Wallets that redefines remittance experiences, requiring only receivers’ contacts for transactions.
Top 10 Agri-Fintech Startups in Africa
Global stability largely depends on the food security and prosperity of the population. To reduce poverty levels and provide economic security to the dwellers of rural areas, the agriculture sector needs to be properly financed and get access to quality financial services. Agri-fintech startups serve exactly this purpose. In Africa, the need for agri-fintech services […]
Standard Chartered Reduces Its Investments in Government Securities of Kenya
Standard Chartered Bank Kenya Ltd. has reduced the volume of its financial injections in government securities of this East African country by 52% during the period when investment activity allows for significant profits.
Remittance Inflows Surge in Kenya
In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.
E-KYC Surges in Africa
Innovative e-KYC verification solutions are growing in Africa, just as businesses across the continent are increasingly moving online.
Roam Introduces EV Bus to Transform Public Transport in Kenya
Roam’s new shuttle EV bus model Move continues to push for the adoption of electric vehicles in Kenya.
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