Nairobi, Kenya – In an era where 63% of Kenyan adults remain underinsured despite growing financial risks, SBM Bancassurance Intermediary is pioneering a tech-driven approach to insurance accessibility. The company’s innovative bancassurance model, which merges banking convenience with tailored insurance solutions, now protects over 1.2 million Kenyans across 14 financial institutions. But how exactly does…
Nairobi, Kenya – Africa’s fintech ecosystem, the Interledger Foundation has announced a strategic partnership with Kenyan fintech pioneer Kanzu Finance to deploy next-generation payment infrastructure across the continent. The collaboration, backed by $15 million in initial funding, aims to create Africa’s first fully interoperable payment network connecting mobile money systems, cryptocurrencies, and traditional banking rails….
By Antonio Obwaya Nairobi, Kenya — In Africa’s fast-changing digital economy, true innovation isn’t just about flashy apps or billion-dollar start-ups. It’s being driven by organizations like AfricaNenda Foundation — quietly rewiring the continent’s financial backbone to make real-time payments accessible to everyone.” With over 400 million Africans still financially excluded, especially women, youth, and…
Central Bank of Kenya (CBK) prepares to unveil a new loan pricing model in April 2025. This highly anticipated move comes amid growing concerns about high borrowing costs and lack of transparency in how banks determine interest rates. But what exactly will this new model entail, and how will it affect millions of Kenyan borrowers?…
Kenya’s cryptocurrency landscape is at a pivotal moment as the government introduces the Virtual Asset Service Provider (VASP) 2025 Bill. This proposed legislation aims to regulate the rapidly growing crypto industry, providing a framework for oversight and consumer protection. However, the bill also raises important questions about its potential impact on innovation, investment, and financial…
