How OTC Crypto Trading and Stablecoins Are Supporting African Businesses Amid Dollar Shortages
July 14, 2025
Last week, at an event hosted by the Virtual Asset Chamber of Commerce (VACC) to discuss the evolving crypto and digital asset landscape in Kenya, there was discussion on the role that over-the-counter (OTC) crypto…
Airtel Kenya Hits 24 Million Subscribers
July 14, 2025
Airtel Kenya has surpassed the 24 million subscriber mark. The achievement is highlighted in the latest sector statistics report from the Communications Authority of Kenya (CAK) and forms the backdrop for the launch of Airtel’s…
Safaricom Confirms Exit of Chief Enterprise Business Officer Cynthia Kropac
July 14, 2025
Last week, we reported that Cynthia Karuri-Kropac had stepped down from her position at Safaricom and had been replaced by Frankline Okata. At the time, there was no official communication from Safaricom. However, the telco…
Absa Launches Kenya’s First Shariah-Compliant Mobile Banking Platform - La Riba Timiza
July 11, 2025
Yesterday, Absa Bank unveiled La Riba Timiza, Kenya’s first fully Shariah-compliant mobile banking platform by a Tier 1 bank. The bank plans to use this product to deepen financial inclusion among Muslims and other consumers….
Verto Launches Auto Exchange to Help Businesses Lock in Target FX Rates Automatically
July 11, 2025
Verto has launched an Auto Exchange feature to help rate-sensitive customers secure their target foreign exchange (FX) rates without constant monitoring. Through this tool, customers can set their desired exchange rate and trade amount within…
Safaricom’s Chief Enterprise Business Officer, Cynthia Karuri-Kropac, Steps Down Without Formal Announcement
July 10, 2025
Safaricom’s Chief Enterprise Business Officer, Cynthia Karuri-Kropac, has stepped down from her position and has been replaced by Frankline Okata. There has been no clear communication from the telco regarding why she has stepped down…
Vertiv to Host AI Solutions Innovation Roadshow in Nairobi on July 17
July 10, 2025
Vertiv’s AI Solutions Innovation Roadshow is set to take place in Nairobi, Kenya on Thursday, 17 July, 2025. The roadshow is part of a global series of events designed to educate and equip customers and…
Roam and Fortune Credit Launch Kenya’s First-Ever Financing Program for Electric Motorcycles
July 10, 2025
Roam has partnered with Fortune Credit to launch the first-ever financing program for electric motorcycles for both individuals and businesses. The partnership begins with an initial order of 600 Roam Air Gen 2 motorcycles, marking…
5 Ways Kenya’s Virtual Asset Service Providers Bill will transform crypto payments
July 10, 2025
By Beth Moni, Partner Growth Manager & Howell Magondu, Vice President, Commercial at Onafriq Kenya is once again setting the pace for digital finance innovation in Africa. Building on the runaway success of M-Pesa, the…