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.
Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across 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.
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.
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.
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.
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 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.
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.
Innovative e-KYC verification solutions are growing in Africa, just as businesses across the continent are increasingly moving online.
Bitcoin remains the most dominant cryptocurrency in Sub-Saharan Africa, while rising inflation makes Turkey the fourth country worldwide in raw crypto transaction volume rating.
Roam’s new shuttle EV bus model Move continues to push for the adoption of electric vehicles in Kenya.
Kenyan President William Ruto opened the first climate summit in Africa, drawing hundreds of millions of dollars in climate financing pledges
The Kenyan government is concerned about Worldcoin, the cryptocurrency of OpenAI founder Sam Altman.
Worldcoin’s World App exceeds one million wallets, while 346,568 wallets are already holding Worldcoin (WLD) tokens
Nigerian fintech unicorn, Flutterwave, valued at over $3 billion, has faced a range of scandals lately. Let’s shed some light on the skeletons in the closet of one of the most successful African industry players to date.
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