Kenya is a country in East Africa known for its diverse landscapes and rapidly growing digital finance sector.
Kenya’s Crypto Tax Gamble Threatens Africa’s Digital and Fintech Future
Kenya's proposed 1.5% crypto transaction tax risks driving startups abroad and weakening its fintech leadership. The tax could increase transaction costs, pushing young Africans towards informal systems.
CBK licenses 47 additional digital credit providers, total now at 126
The Central Bank of Kenya has licensed 41 additional Digital Credit Providers, increasing the total to 126. This licensing marks a significant milestone in promoting transparency and ethical lending practices in Kenya.
Access Bank finalises National Bank of Kenya acquisition
Access Bank Plc completed its acquisition of the National Bank of Kenya from KCB Group. The transaction received all necessary regulatory approvals and was finalized on May 30, 2025.
Kenya to Reduce Stake in Safaricom Amid Soaring Debt, Signaling Shift for Telecom and Tech Sectors
Kenya's government aims to raise KSh149 billion ($1.16 billion) by selling stakes in state-owned enterprises, including Safaricom. The government has faced mounting debt servicing costs, paying approximately $5.5 billion in interest from July 2023 to February 2024.
