Kenya Looking To Set Up Regulatory Sandbox For Emerging Technology

By Joseph-Albert Kuuire 1 Min Read

The Communications Authority of Kenya (CA) announced that it’s inviting comments from the public as it plans to introduce a framework for a regulatory sandbox.

According to the authority, the sandbox is intended to allow Fintechs and other innovators to conduct live experiments in a controlled environment under a regulator’s supervision.

Kenya’s Communications Authority is the regulatory authority for the ICT industry in Kenya, with responsibilities in telecommunications, cyber security, e-commerce, broadcasting, and postal/courier services.

The Authority is currently seeking input from industry stakeholders to help put together its framework.

Participants admitted into the regulatory sandbox can test their innovations for a maximum of 12 months.

Last week, Nigeria announced its own regulator sandbox and Ghana is currently accepting applications for its sandbox.

https://technovagh.com/bank-of-ghana-opens-applications-for-its-regulatory-sandbox/
Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: joseph@techlabari.com Twitter: @jakuuire
Leave a comment

Thoughts? Opinions? Leave a comment!

This site uses Akismet to reduce spam. Learn how your comment data is processed.