Kenya

M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
May 15, 2023  |  Investments

M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to...

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Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
May 05, 2023  |  Real-Time Payments

Kenya is known as the home of mobile payment system M-Pesa, and it is also one of the few African countries to have made significant...

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Mexico and Malaysia Poised for Massive Real-Time Payments Growth by 2026
Mexico and Malaysia Poised for Massive Real-Time Payments Growth by 2026
May 01, 2023  |  Real-Time Payments

Real-time payment systems have become increasingly popular around the world due to the rise of digital payments and the need for faster and more efficient...

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Safaricom Launches Mobile Wallet and Mini App for Kenyan Students
Safaricom Launches Mobile Wallet and Mini App for Kenyan Students
April 28, 2023  |  Loans

Safaricom and Kenya’s Higher Education Loans Board (HELB) have partnered on a mobile wallet and a mini app. The new HELB Mobile Wallet will allow...

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Nokia to Deploy Communication Infrastructure to Connect 8 African Countries
Nokia to Deploy Communication Infrastructure to Connect 8 African Countries
February 02, 2023  |  emea

Nokia will deploy new digital infrastructure connecting Southern and Eastern Africa. The Finnish telecommunications company announced on Thursday (Feb. 2) that it has been selected...

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Kenya Attempts to Breathe New Life Into Digital ID Scheme
Kenya Attempts to Breathe New Life Into Digital ID Scheme
January 30, 2023  |  emea

The Kenyan government is pushing for a nationwide digital ID scheme. But the years-long implementation so far has been beset with complications. The government’s attempts...

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Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
January 05, 2023  |  Meta

Kenya has taken center stage as governments worldwide debate how to regulate social media algorithms. Specifically, all eyes are on the Kenyan High Court, where...

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How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
December 23, 2022  |  Investments

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the...

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Trade X Opens Kenyan Trading Corridor for Used Cars 
Trade X Opens Kenyan Trading Corridor for Used Cars 
December 01, 2022  |  B2B Payments

B2B cross-border automotive trading platform Trade X has opened a Kenyan trading corridor. This addition, which includes a shared bonded warehouse in Mombasa and an...

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