Tag: Kenya
Flutterwave to use Kenya as a gateway to East Africa
Flutterwave, Africa’s biggest fintech unicorn has announced that Nairobi, Kenya, will serve as its regional hub in East Africa.
This was made known by the...
Kenya reverses 30% ICT local equity rule
Kenya’s president William Ruto has reversed the rule that mandates that foreign companies must have at least 30% Kenyan ownership to operate in the...
Kenya gets $378 million for first electric bus rapid transit system
Kenya has reached a Ksh50 billion ($378 million) financing agreement with the European Commission to construct Africa’s first electric bus rapid transit (BRT) system.
The...
Kenya licenses more digital lenders
The Central Bank of Kenya (CBK) has officially licensed an additional 10 digital lenders to operate in the country, bringing the total number of...
Flutterwave’s troubles in Kenya yet to end as second case proceeds
Africa’s most valuable unicorn Flutterwave is still not off the hook in Kenya. About $3 million of its money that was confiscated in the...
Kenya finally releases frozen $51 million to Flutterwave
Assets Recovery Agency (ARA) of Kenya has formally withdrawn the case filed against African FinTech unicorn Flutterwave, allowing the firm to take back the...
Kenya is in talks to legalize cryptocurrency
The Kenyan Senate Standing Committee on Information, Communication, and Technology is throwing its hat into the cryptocurrency ring.Â
According to TrendsKE, the committee, led by...
Kenyan drivers want Bolt license revoked but…
Drivers of ride hailing service Bolt in Kenya want the license of the company revoked if Bolt does not agree to reduce commission charged...
Meta can be sued in Kenya – court rules
Kenya’s Employment and Labour Relations Court has ruled that the Facebook parent firm Meta Platforms can be sued in Kenya.
In a ruling Monday, Justice...
Kenya drops financial impropriety case against Flutterwave
Kenya has dropped charges of financial impropriety against Flutterwave Inc., about seven months after a court in the East African country froze the bank...