According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the ...
Tag: Kenya
Lethal Ebola-Like Marburg Virus Detected In Equatorial Guinea
Topline Health authorities in Equatorial Guinea detected the west African country’s first cases of the rare but highly-infectious Marburg virus, the World Health Organization confirmed on Monday, mont...
Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture
Three African youth-led Agritech businesses— Kenya’s DigiCow, Botswana’s Brastorne Enterprises and Nigeria’s ThriveAgric— will receive mentorship and $1.5 million in grants to help them to aggressivel...
The 7th Edition Connected Banking Summit – East Africa will be held on 7th of March in Nairobi, Kenya – Cryptopolitan
Accelerating Digital Inclusion and Sustainable Transformation Global Executives, experts and leaders will take stage, as we return with the 7th Edition Connected Banking Summit in Nairobi, Kenya on Ma...
CMA grants licenses to Admirals in Kenya
Admirals announce that it has received a Kenyan license from Capital Markets Authority, also known as CMA, to operate as a non-dealing forex trading broker. The development is crucial as it grants the...
Bitcoin mining project in Kenya helps power rural community
A hydro-powered crypto mining project based in Africa released an update on its efforts to bring energy developments to rural communities via Bitcoin (BTC). On Dec. 9, Gridless Compute tweeted photos ...
Rural Kenya harnesses stranded potential energy to mine BTC using hydropower
A rural village in Kenya has been using off-grid energy generated using hydropower to mine Bitcoin (BTC) and power 500 families nearby. Bitcoin Is Key To An Abundant Clean Energy Future pic.twitter.co...
INGOT receives regulatory approval from CMA in Kenya
Only a handful of forex and CFD brokers feature in the Kenyan market. INGOT enters the list after receiving regulatory approval from the Capital Market Authority on November 1, 2022. The approval gran...
Kenya Crypto Tax Set at 20% Rate on Par With Bank Commissions
Authorities in Kenya have announced that they will tax cryptocurrencies like they tax bank transactions. The Kenya Revenue Authority (KRA) has taken a step forward in taxing cryptocurrencies. The coun...
Kenya introduces bill on crypto taxation
Kenyan lawmakers are eyeing the regulation of crypto trading and introduction of crypto taxation among other regulatory moves, according to a report highlighting the latest crypto news from the East A...
Kenya to deal with the MSCI-regulated FDI inflow warning
Kenya is seemingly up against a foreign direct investment (FDI) related dilemma according to the information released by the New York-based Morgan Stanley Capital International (MSCI) Inc.,. For this ...
Kenya’s Samburu People Fight For Survival On The Front Lines Of Climate Change
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has advised that at least 4.2 million people in Kenya’s Arid and Semi-Arid Lands (ASAL) urgently need humanitarian assista...
Sorghum’s Revival Goes Against The Grain
The world appears to be waking up to the potential of an ancient grain by the name of sorghum. Originally from the African continent, this gluten free grain, also known as guinea corn, jwari, jowar, k...
Built with Bitcoin Establishes New School in Kenya
A non-profit organization known as the Built with Bitcoin Foundation has put together the funds necessary to build a new hybrid nursery and primary school in the center of Kenya, one of Africa’s most ...
Cardano Participates in a Funding Round in Kenya
Charles Hoskinson is the founder of Cardano blockchain. The company handling Cardano ecosystem took part in a funding round to raise 11 Million USD. As of this writing, ADA was trading at the market v...
Cardano Joins $11 Million Investment Round in Kenya Fintech Company to Change Microfinance Around World
Yuri Molchan Cardano and several investment funds have allocated $11 million to support this Kenya-based fintech company Charles Hoskinson has taken to Twitter to share that the company behind Cardano...
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes – Coinotizia
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of ov...
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes – Emerging Markets Bitcoin News
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of ov...
A Healthy Food Movement Comes To Kenya’s Tea Capital
Jackline Cherono walks in from tending to her acre of tea in Ainamoi, a settlement in Kenya’s Kericho County where she works as a lead farmer. The lettering, “Toror Tea Factory” embroidered on h...
5 Tips to Trade Forex Safely in Kenya
The endless opportunities to earn profits from the forex market have allowed Kenyan traders of different experience levels, including novices who have recently stepped into the financial market to sea...
Tullow Oil share price forecast ahead of Kenya stake sale
Tullow Oil (LON: TLW) share price has staged a strong recovery in the past few weeks even as the price of oil retreated. The stock rose to a high of 52.40p, which was about 32% above the lowest point ...
Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs – Regulation Bitcoin News
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigeri...
The UN Calls for Crypto Clampdown in Kenya
UN has the crypto industry in its crosshairs UN called on all banks and monetary institutions to stop providing clients with cryptocurrency services Ukraine is the global leader with 12.7% of its resi...
The UN Calls for Crytpo Clampdown in Kenya
The United Nations (UN) advised the governments of Kenya and other developing nations to impose comprehensive regulations on their cryptocurrency sectors. Calling for a Clampdown The global organizati...
Kenya: the African country with the most crypto holders
Data from UNCTAD show that Kenya is the African country with the highest number of citizens owning crypto. Kenya ranks first in Africa with highest number of cryptocurrency holders According to repor...
Kenya is the African Leader in Crypto Adoption
8.5% of Kenya’s population possess digital currencies That is around 4.25 million individuals This is the highest adoption rate in Africa A review directed by the United Nations (UN) confirmed t...
Crypto Adoption Rate In Kenya Highest In Africa – Here’s Why
The rate of digital currency adoption in Kenya is unlike any other country in Africa. The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa,...
Kenya ranks as the top African country in crypto adoption
Research conducted by the United Nations revealed that 8.5% or around 4.25 million people in Kenya owned cryptocurrencies. The country is leading the African continent in cryptocurrency adoption despi...
Kenya is the African Leader in Crypto Adoption (Report)
A study conducted by the United Nations (UN) determined that 8.5% of Kenya’s population own digital assets, which makes up around 4.25 million people. This makes the country a leader in cryptocurrency...
Kenya leads Africa in cryptocurrency ownership
The African continent has the potential to become one of the leading cryptocurrency markets in the world. Kenya has the largest share of its population with cryptocurrencies in Africa, according to a ...
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows – Emerging Markets Bitcoin News
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To count...
Bitcoin Mining: Kenya Offers Renewable Energy Sources to Miners
Bitcoin mining operations may soon be relocating to Kenya. The African country now offers miners a green energy source to achieve their green mining goals. Bitcoin’s energy consumption is often the su...