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Fintech

Kenya’s Payments Industry Revenue Projected to Reach $0.8B by 2029

Kenya’s payments industry is on a remarkable growth trajectory, with revenues projected to rise from $0.5 billion in 2024 to $0.8 billion by 2029,...

Pesalink, Cellulant Partner to Power Instant Merchant Payments in Kenya

Pesalink and Cellulant have announced a landmark partnership aimed at scaling customer-to-business (C2B) payments for online services in Kenya. Through this collaboration, Pesalink will...

Competition Authority Clears Acquisition Involving Five Major Companies

The Competition Authority of Kenya (CAK) has approved five significant mergers and acquisitions that cut across key sectors of the economy, including energy, insurance,...

Jumia Enters Strategic Partnership With Watu Credit

Jumia has announced a strategic partnership with Watu Credit, a leading asset financier, to make smartphone ownership more accessible for Kenyans. Through this collaboration,...

Odoo Prepares to Roll Out Version 19

Odoo is marking its third year of operations in Kenya with a major milestone: the upcoming launch of Version 19 of its all-in-one business...

Kenya Airways Unveils KQSafari Data Through RoamBuddy Partnership

Kenya Airways has unveiled KQSafari Data, a groundbreaking roaming solution that promises affordable, seamless, and reliable mobile connectivity for travelers around the world. This...

Bolt Kenya’s Top 50 Drivers Earn Ksh.1.2M in 6 Months

Bolt has revealed that its top 50 drivers in Kenya earned an average of KES 1,280,000 in gross income over the first six months...

Accion Ventures’ $61.6M Fund Drives African Fintech Innovation

Accion Ventures, the U.S.-based venture capital arm of the global nonprofit Accion, has successfully closed its second fund at $61.6 million, nearly doubling the...

Kenya Advances Tech, Fintech, Connectivity, and Digital Innovation Efforts

Kenya is steadily cementing its reputation as a leading hub for technology and digital innovation in Africa, as highlighted in the August Tech Newsletter....

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