Kenya is moving fast to claim a bigger role in Africa’s digital trade, targeting infrastructure gaps and payment hurdles through state and international alliances.
PawaPay landed a payment service provider licence from Mozambique’s central bank, clearing the way to sign up local businesses and process payments under direct regulatory oversight.
M-KOPA has signed up ten million customers and pushed revenue up 45 percent to $600 million in 2025, growing its pay-as-you-go model from solar into smartphones, digital loans, and electric mobility across Africa.
Kenya’s central bank has left its main lending rate unchanged at 8.75 percent, holding off on more hikes even as inflation pushes higher and household budgets feel the strain.
Kenya’s Central Bank has kept its key rate unchanged at 8.75 percent, resisting calls for cheaper credit as inflation edges close to the government’s upper target.
Kenya’s central bank left its main interest rate unchanged for the fourth meeting in a row, even as inflation climbed to its highest level since early 2024.
Financial professionals have until 9 October to lock in discounted rates for the 7th Annual ETFGI Global ETFs Insights Summit. The event brings together industry leaders from Europe and Africa in London and online this November.
Finserve Africa is testing Emma, a new mobile wallet app in Kenya. Details on fees and features remain scarce for now.
Emerging-market assets are falling. Investors are reacting to higher oil prices and mixed signals from central banks. Inflation and debt risks are back in focus.
Kenya’s private sector is feeling the sharpest jump in costs in nearly three years. Inflation and supply snags are putting the country’s economic recovery at risk.
Eric Muriuki leaves NCBA to head Absa Group’s digital growth strategy from Johannesburg, as African digital banking faces major changes.
Airtel Money is set to launch a Mastercard virtual card in Kenya. The move will let users pay for international online shopping and digital subscriptions straight from their mobile wallet.
The Port of Lamu just handled its biggest container vessel yet. The MV Hamouna unloaded 5,200 TEUs, putting Lamu ahead of Mombasa for single-vessel throughput.
