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3364 results for "kenya banking"
Nearly all of Kenya's I&M Bank customers now handle their banking digitally, marking a milestone that signals Africa's banking revolution is complete. The shift proves mobile-first banking has become the norm, not the exception, across East Africa.
Kenya's largest bank slashed fraud losses by 84% and stopped over 40% more scams in 2025, even as it fired double the employees for insider theft. The turnaround shows how investing in security technology is paying off for African banks.
Kenya's Central Bank is rewriting its banking laws to finally welcome fintech companies into the regulated fold. The move could end years of uncertainty that kept promising startups in legal limbo while banks and telcos dominated.
Kenya's largest bank just got approval to acquire a payment solutions company that serves everyone from small businesses to county governments. The move signals how traditional banks are racing to become full-service digital platforms.
Kenyan banks are reclaiming engineers and managers who left for fintech startups, as regulatory delays and layoffs push workers back to traditional banking. The shift signals that stability and clear rules still matter, even in Kenya's digital finance boom.
Kenya is receiving $43 million from the World Bank to fund climate-smart projects that will create jobs while fighting climate change. The money will support electric vehicles, green buildings, sustainable farming, and waste management across the country.
Kenya just plugged into a continent-wide payment network that lets 240 African banks send money across borders instantly in local currency. No more waiting days or losing money to expensive dollar conversions.
Major Kenyan banks are lowering lending rates after the central bank made its tenth consecutive rate cut, making loans more affordable for millions. The policy shift comes as inflation cools, opening the door for businesses and families to borrow at better terms.
More than 750,000 refugees in Kenya just gained access to business loans through a groundbreaking $20 million partnership that's turning aid recipients into job creators. Equity Bank and the International Finance Corporation are proving that giving refugees capital instead of handouts can lift entire communities out of poverty.
Sidian Bank is delivering 10,000-liter water tanks to schools across Meru County, Kenya, bringing reliable clean water to communities that have struggled with daily shortages. The initiative promises healthier students and stronger communities through improved access to this essential resource.
Sending money across Africa just got faster and cheaper. Kenya's Pesalink network partnered with a Pan-African payment system to enable instant cross-border transfers in local currencies.
The World Bank is committing $500 million to transform Nairobi's aging commuter rail into a modern urban transit system that will create thousands of jobs. The massive upgrade will improve daily life for millions across Kenya's capital region.
Nigeria's Central Bank is launching a pilot program to make digital finance safer and more accessible for millions of young people and small businesses. The move could transform how everyday Nigerians send money, get paid, and grow their businesses.
Kenya proved mobile money works with M-PESA, but now faces a bigger challenge: connecting banks, fintechs, and wallets into one seamless system. Companies like Kenswitch are building the invisible infrastructure that could make Kenya's $62 billion digital economy truly work for everyone.
One of Kenya's pioneering financial cooperatives just made banking faster and safer for thousands of members by replacing slow systems with modern digital connections. Stima Sacco now links members to mobile money, international transfers, and insurance through one secure platform.
Kenya's mobile money platform M-Pesa now serves 60 million people monthly, powered by Chinese technology and affordable smartphones that put digital banking in everyone's hands. From Huawei's infrastructure upgrades to $30 phones flooding Nairobi, China's partnership turned a simple money transfer app into a global financial game-changer.
Kenya's central bank is building Africa's first dedicated crypto compliance team, signaling the country is ready to bring digital currencies under formal oversight. Four new positions will help license and monitor crypto businesses as landmark regulation nears completion.
After years of trying to break into East Africa, Nigerian fintech success story Moniepoint just secured a 78% stake in Kenya's Sumac Microfinance Bank. The move marks a major milestone for African fintech, showing how homegrown digital finance companies are expanding across borders to serve more small businesses.
Kenya just approved a major privacy upgrade that could protect 37 million people from scammers. M-Pesa will now mask phone numbers during transactions, blocking fraudsters who've been stealing this data to drain bank accounts.
Digital bank Kuda just earned a major upgrade that will bring physical support centers to customers across Nigeria. The move shows how successful fintechs are bridging the gap between digital convenience and in-person service.
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