Kenya

Two People Exchanging Kenya Currency

Crypto Adoption in Kenya – Unlocking a Digital Financial Frontier

Introduction Kenya has long worn the crown of Africa’s mobile‑money pioneer. Nearly three‑quarters of all handsets in the country are smartphones, and mobile‑money wallets are used by more than 39 million Kenyans—roughly 77 % of the adult population. That digital foundation is now powering a second wave of innovation: cryptocurrency. According to Chainalysis’ 2024 Global Crypto Adoption […]

Crypto Adoption in Kenya – Unlocking a Digital Financial Frontier Read More »

Photo Credit: Adobe Stock

Kenyan Revenue Authority Announces Real-Time Tax System For Crypto

Bold move as Kenya Revenue Authority (KRA) announces real-time tax system for cryptocurrency transactions. This system aims to monitor and record transaction details such as the date, time, type and value of each transaction. The goal is to improve tax collection efficiency and address revenue losses due to the lack of a robust system for

Kenyan Revenue Authority Announces Real-Time Tax System For Crypto Read More »

Photo Credit: Adobe Stock

Kwara, Kenyan Fintech Providing Digital Banking Solutions to the Unbanked, Secures $3m Funding and Distribution Deal

  Kenyan start-up, Kwara, is set to scale even further after reportedly securing an additional $3 million in funding and signing exclusive distribution deal. The company, which has doubled its number of clients in the past year, has now raised a total of $7 million with this latest round of funding.  Kwara has also signed

Kwara, Kenyan Fintech Providing Digital Banking Solutions to the Unbanked, Secures $3m Funding and Distribution Deal Read More »

Photo Credit: Adobe Stock