Financial technology company Moniepoint Inc., Africa’s fastest-growing fintech, has acquired a significant stake in Sumac Microfinance Bank Limited, a Kenyan financial institution. This deal, approved by the Competition […]
Kenyan Activist Arrested Under Controversial Cybercrime Law
Civil tech activist Rose Njeri’s arrest and detention have sparked outrage, reigniting debate over Kenya’s controversial Computer Misuse and Cybercrimes Act No. 5 of 2018. Njeri, a mother […]
Kenyan Crypto Stakeholders Challenge $77,000 Fine in Proposed VASP Bill
Kenyan cryptocurrency players are urging their parliament to reconsider hefty fines proposed in the Virtual Asset Service Providers (VASP) bill. They argue the penalties, up to Sh10 million […]
Safaricom Reports $3 Billion Revenue Surge: Driven by Expansion & Digital Services
Kenya’s Safaricom has announced an impressive annual revenue of $3 billion for the fiscal year ending March 2025, a significant jump from its previous estimate. This financial success […]
Kenya Court Bans Worldcoin from Collecting Biometric Data
A Kenyan High Court has ordered cryptocurrency platform Worldcoin, run by Sam Altman, to halt biometric data processing, collection, and handling until a comprehensive assessment of its impact […]
Kenya’s High Court Orders Worldcoin to Delete Biometric Data Over Privacy Concerns
The Kenyan High Court has ordered the Worldcoin Foundation to permanently delete all biometric data collected from Kenyan citizens, citing violations of the country’s Data Protection Act of […]
Kenya Court Strikes Down Worldcoin’s Biometric Data Collection: Landmark Ruling Protects Privacy Rights
A Kenyan court has ordered Worldcoin to delete all biometric data collected from its users, including iris scans and facial images. The ruling comes after the court ruled […]
79% of Kenyans Engage in Online Betting: GeoPoll Survey Reveals
A recent survey by GeoPoll reveals that 79% of Kenyans participate in online betting, positioning the country as a key player in Sub-Saharan Africa’s gambling industry. This high […]
Kenyan Man Arrested for $378,000 Fraud on JamboPay
The Kenyan police have apprehended Joseph Momanyi, a 26-year-old man accused of orchestrating a significant cybercrime operation that resulted in the theft of $378,000 (KSh 49 million) from […]
Kenya Introduces VASP Bill to Regulate Cryptocurrency Sector
Kenya is taking a significant step towards regulating its booming cryptocurrency sector with the introduction of the Virtual Asset Service Providers (VASP) Bill, 2025. Presented by the National […]
AWS Opens Cloud Computing Skills Center in University of Nairobi
Amazon Web Services (AWS) has launched its first AWS Skills Center classroom community at the University of Nairobi (UoN), a strategic move to bolster cloud computing education in […]
Kenyan Shilling Gains Ground: How Low Dollar Demand Fuels Currency Stability
In the volatile world of currencies and cryptocurrencies, stability can be rare. However, Kenya’s currency market is showing resilience with its shilling (KES) demonstrating a notable stability against […]