Browsing: Kenya

Traders holding the Cardano token will obtain loans of up to 70 per cent of the ADA tokens they hold.…

The hydropower project is worth an estimated US$1.3 billion that will see Ethiopia import 400 Megawatts of power annually. The…

On October 14, 2018, the Kenya Space Agency (KSA) presided over the launch of a 1U nanosatellite, Kenya’s first space mission. The event took place at Konza Technopolis, a large technology hub planned on the outskirts of Kenya’s capital, Nairobi.

At the launch, some five Kenyan top universities competed for top position each presenting its own satellite model with the primary payload being a low-resolution camera.

The competition was meant to see which university’s satellite camera would be able to perform remote sensing applications. The project primarily focused on using satellites to provide imagery for crop monitoring to assist in smart agriculture.

Cashlet has been developed by Sycamore Capital Ltd, and it works in partnership with regulated fund managers in Kenya, to allow users to invest in unit trust products in simple, fully digital, and modern way.

The initial partner fund managers include ICEA Lion Asset Management, Old Mutual, and Genghis Capital.

The app seeks to pioneer saving and investing flexibility, life goals creation and tracking, market interest rates, financial visibility, and expert support.

Pyypl uses advanced Artificial Intelligence (AI) and Machine Learning (ML) for regulatory compliance, Anti Money Laundering (AML), and Counter-Terrorism Financing (CTF).

The platform also conducts real-time Politically Exposed Persons (PEP) and sanctions (both country and individual) screening against the latest and historical UNSC, USDT, FATF, OFAC, and EUCFSF records, as well as all local databases.

Fintech startups in Africa have continued to gain a lot of attention from investors who have been pouring billions of dollars to support the industry. 

In the past decade alone, there has been a proliferation of new means of digital payment that to a great extent has brought about financial inclusion in a way that traditional platforms like banks and money lenders couldn’t.

It is the introduction of these new non-bank financial services providers generally referred to as FinTechs that has conjured the need for digital financial services regulations. Towering above FinTechs are Mobile Network Operators (MNOs), commanders of the Digital Financial Services market.

MNOs were lucky enough to find a ready and defined market to usurp. MNOs already had an existing client base and an enormous network of agents that were using their mobile telecom services for texting and calling.

Learning poverty is costing African young learners dearly Median international school fees in Africa span from US$4000 to US$10000 in…

Land prices in Nairobi’s suburbs and towns maintained a mild upward growth in the fourth quarter of 2021 Prices in…

Constructed under the East African Community regional development project, the road is key to the much aspired regional integration and opens doors to the ports for Africa’s landlocked countries like Uganda, Rwanda and the DRC.

Owing to its importance, the African Development Bank and the Japan International Cooperation Agency (Jica) are among the project funders as well as the Tanzanian government itself through its own internal revenue.

Complete with spar roads, the highway will open up enormous economic potential of each region it passes. On the other side of the border, the Kenyan government has also begun work on the connecting 40km project Mtwapa-Kilifi Road, part of the overall 460km Malindi-Tanga-Bagamoyo East African corridor development project.

Tanzania Railway Investment In the most recent development, an additional 282km of the railway are been constructed to connect Tanzania…