Browsing Tag
kenya
170 posts
HoneyCoin Raises $4.9M to Scale Stablecoin-Powered Payments across Africa and Beyond
Kenya-based HoneyCoin — a stablecoin-compatible, full-stack payment orchestration platform — has closed a $4.9 million seed round to…
Solar Company Sun King Secures Record $156M Deal to Expand Solar Access in Kenya
Sun King has closed a KES 20.1 billion ($156M) local currency securitisation — the largest in Sub-Saharan Africa…
Starlink Reopens Nairobi Sign-Ups After 7-Month Freeze
Starlink has resumed new sign-ups in Nairobi and surrounding counties, ending a seven-month freeze caused by overwhelming demand…
Moniepoint Cleared to Acquire Kenyan Microfinance Bank
Moniepoint Inc. has received the green light from the Competition Authority of Kenya (CAK) to acquire a 78%…
Cross Switch Expands to Kenya with Pesawise Partnership
Payments tech company Cross Switch has officially launched operations in Kenya through a strategic partnership with local licensed…
Lipa Later Placed Under Administration After Failing To Raise New Funds
Lipa Later Limited, a Kenyan digital consumer credit provider, is now under administration, with Joy Vipinchandra Bhatt of…
Starlink Activates New Ground Station In Nairobi to Improve Service
Starlink has launched a Point of Presence (PoP) in Nairobi, Kenya—the second in Africa after Nigeria. This move…
Starlink Doubles Market Share in Kenya in Three Months
Starlink’s market share in Kenya jumped from 0.5% in June to 1.1% by September 2024, according to a…
Kenya Makes Travel Exemption for Majority of African Nationals
Kenya’s Cabinet has announced major reforms to simplify travel for African nationals, exempting most countries from the Electronic…
Kenya Orders Social Media Platforms to Step Up Physical Offices
Kenya’s Interior Principal Secretary Raymond Omollo has mandated social media companies operating in the country to establish physical…