Latest finance stories from across Kenya.
enza has announced that the Central Bank of Ghana has awarded it a Payment Service Provider Enhanced licence. The award of the PSP Enhanced licence marks an important milestone for enza, Ghana’s financial services sector, and the continued…
As African trading platforms expand across multiple markets, payment infrastructure has become the limiting factor in their growth. Across the continent, many financial services businesses still struggle to collect funds locally, convert…
Kenya has solidified its position in Africa’s cooperative movement after Macloud Malonza was elected Chairperson of the International Co-operative Alliance – Africa (ICA-Africa) in a decisive victory. ICA-Africa is a regional arm of the…
Introduction Liquidity is the lifeblood of any financial market, including the rapidly growing world of cryptocurrency and decentralized finance (DeFi). Without sufficient liquidity, traders face higher costs, greater price volatility, and…
Yuno, the global financial infrastructure platform, has announced a strategic partnership with Onafriq to bring Africa’s most expansive payments infrastructure to merchants worldwide. Through this integration, Yuno’s clients gain instant…
Kenyan fintech startup Pezesha has been named among the 2026 Technology Pioneers by the World Economic Forum. This places the startup in a global cohort of 100 early-stage companies shaping the future of innovation across 23 countries.…
Family Bank has received formal approval from the Capital Markets Authority (CMA) to list on the Nairobi Securities Exchange (NSE) by way of introduction. Listing by introduction will allow current shareholders to trade their shares on the…
KCB Group Plc disbursed KShs. 48.8 billion in green financing loans to support environmentally sustainable projects in renewable energy, sustainable agriculture, green buildings, clean transportation, water management, and climate-smart…
NCBA Partners with Water.org and LVNWWDA to Strengthen WASH Infrastructure NCBA Bank, in partnership with Lake Victoria North Water Works Development Agency (LVNWWDA) and Water.org, convened more than 100 contractors in Kakamega to explore…
What Is Crypto Staking? Crypto staking has emerged as one of the most popular ways for cryptocurrency investors to earn passive income while supporting blockchain networks. As the global digital asset market continues to grow, staking is…
Flutterwave has announced a strategic partnership with Tempo to introduce stablecoin-based settlement options for cross-border payments across the continent. Flutterwave will integrate Tempo as a settlement network across both its consumer…
The Co-operative Bank of South Sudan (CBSS) hosted 41 Cooperatives Societies based in Northern Bahr el Ghazal State (NBG) for a capacity-building forum to deepen the impact of the cooperative model in the farming and business communities…
tabb has today announced the launch of Kenya’s first fuel credit line at scale in a strategic partnership with Galana Energies. The facility is live and already transacting across all Galana service stations in East Africa. The launch…
PayAngel, a cross-border payments platform built by migrants and shaped by a lived understanding of the migrant journey, today announced an expanded collaboration with Visa. Leveraging Currencycloud, a Visa Direct solution, PayAngel will…
Purchasing a vehicle can often be the single largest purchase you make outside of your home. However, when motorists sit down to secure finance, the emphasis can remain fixated on the car and not the actual contract they are signing.…
Tanzanian fintech, Swahilies, has been granted a Payment Service Provider (PSP) license by the Central Bank of Tanzania. The fintech announced the development via LinkedIn, noting that it has worked with more than 15,000 small and…
NALA has secured up to $50 million in credit financing from Liquidity. The financing is structured through Mars Growth Capital, a joint venture between Liquidity and MUFG Bank Ltd. It will begin with an initial $25 million facility, with…
Co-op Bank named best in product innovation at Global SME Finance Awards: The Co-operative Bank of Kenya is pleased to note that it has been recognised as the SME Bank of the Year in Africa at the 20th edition of the prestigious African…
Absa Bank Kenya PLC has reported a profit after tax of KShs. 5.3 billion and delivered Return on Equity of 20.3% for the quarter ending March 31, 2026, reinforcing its unwavering focus to supporting customers while investing in long-term…
NALA, a global stablecoin payments infrastructure company, today announced it has secured up to $50 million in credit financing from Liquidity, the global AI-driven private credit and technology provider, through Mars Growth Capital, a…
Vodacom’s M-Pesa Tanzania has partnered with PayPal to allow customers to easily transfer funds between their PayPal accounts and M-Pesa wallets. The service will be accessible directly through the M-Pesa Super App. The integration enables…
Deposit Administration (DA) funds in Kenya recorded significant growth in assets and improved declared returns in 2025, according to the Survey of Insured Deposit Administration Returns released by Zamara Group. The survey found that total…
China–Africa Trade: A new report released by the African Economic Research Consortium (AERC) in collaboration with the Boston University Global Development Policy Center shows that China–Africa economic relations are entering a new phase,…
Payoneer has announced an extension of its strategic partnership with Upwork, marking 15 years of collaboration supporting the global freelance economy. Under the renewed agreement, Payoneer will continue to serve as a primary wallet and…
