Author: John Nyabuto

SanlamAllianz Life Insurance has launched Flexi Future Plus in Kenya. This is a new savings and life insurance solution aimed at helping Kenyans build long-term wealth while protecting themselves and their families against life’s uncertainties. Customers can choose policy terms ranging from five to seventeen years, make either regular or single premium contributions and receive their maturity benefits as a lump sum or spread across up to three annual instalments. The product also includes optional riders covering critical illness, permanent disability, retrenchment and family protection. Speaking during the launch, SanlamAllianz Life Insurance Kenya CEO Jacqueline Karasha said the product was…

Carrefour has partnered with KCB Bank and Mastercard to launch the Carrefour Prepaid Card in Kenya.  The prepaid card allows shoppers to set grocery budgets, track spending and make sure that money budgeted for household essentials is spent on essentials.The move is designed to help customers better control their day-to-day spending without sacrificing the convenience of card payments. Christophe Orcet, Regional Director – East Africa at Majid Al Futtaim Retail, said the new offering is part of Carrefour’s broader commitment to making everyday shopping simpler and more rewarding. “The Carrefour Prepaid card allows customers to plan grocery spending, stay in…

Binance has announced that its tokenised securities platform bStocks has exceeded $500m in assets under management (AUM) just seven weeks since launch. Launched on June 11, 2026, bStocks has expanded rapidly from five tokenised securities to more than 46 listings, allowing eligible users to trade tokenised stocks around the clock and convert instantly between a bStock and its underlying stock at no cost. According to Binance, the platform is attracting a largely crypto-native audience. Data shows that 41.5% of bStocks users are making their first investment in traditional financial markets through tokenised securities, while Gen Z accounts for 44% of…

Kaspersky Global Research and Analysis Team (GReAT) has discovered a previously undocumented malware set used by Mirage Kitten APT. The findings were revealed at its annual Kaspersky Cyber Security Weekend for the Middle East, Turkiye and Africa (META). The malicious tools were used in a targeted campaign aimed at maintaining long-term access to victim networks and stealing sensitive data. The company’s researchers have identified victims of this campaign across the Middle East and Africa, including organisations in Egypt, small and medium-sized businesses and government entities in Jordan and Tanzania, aviation organisations in Pakistan, telecommunications companies in Ethiopia and financial-sector entities…

Swedfund invests USD 12 million in Acumen Resilient Agriculture Fund II (ARAF II). The investment supports growing food and agriculture companies across Africa that strengthen agricultural value chains. By improving access to markets, finance and essential services, these companies help smallholder farmers become more resilient to climate and economic shocks.Over 30 million smallholder farmers operate across Sub-Saharan Africa, accounting for 80 percent of all farms and producing 70 percent of the region’s food (IFAD). Yet many face limited access to finance, quality inputs, reliable buyers and market information. At the same time, they are among those most exposed to climate…

Kenya has published the Virtual Asset Service Providers Regulations, 2026, which is a step closer to regulating the country’s digital asset industry. The regulations provide a framework for the implementation of the Virtual Asset Service Providers Act, 2025. The regulations establish how businesses that are dealing with cryptocurrencies and other virtual assets will be licensed, supervised and governed in Kenya. The regulations establish how businesses that are dealing with cryptocurrencies and other virtual assets will be licensed, supervised and governed in Kenya. The regulations apply to any person or company offering virtual asset services in or from Kenya. These include…

The Ministry of Information, Communications and the Digital Economy has published the Draft Kenya Artificial Intelligence and Other Emerging Technologies Policy for public participation. The ministry is inviting feedback from innovators, researchers, academia, startups, private sector players, civil society, investors and members of the public before 4 August 2026, after which the policy is expected to be refined ahead of adoption. According to the draft, the policy aims to create a unified national framework to guide the governance, development, deployment and use of artificial intelligence across Kenya while balancing innovation with safeguards around privacy, security, ethics and public trust. It…

The Mastercard Foundation has unveiled the Africa Higher Education for Transformation (AHEFT) Prize, a new initiative backed by a $500 million commitment over the next decade to recognize African universities delivering lasting institutional transformation and expanding opportunities for young people. The inaugural edition of the annual prize has named five universities from across the continent, with each institution set to receive $3 million to scale initiatives that improve education and employment outcomes. The first AHEFT Prize laureates are: According to the Mastercard Foundation, the prize aims to spotlight institutions that are creating measurable impact in areas such as teaching, research,…

TikTok removed 884,591 videos in Kenya during the first quarter of 2026 for breaching its Community Guidelines. That’s what the platform said in its most recent Community Guidelines Enforcement Report. The report shows that 99.7% of the videos were removed proactively before being reported by users, while 96.3% were taken down within 24 hours of being posted. As part of its efforts to protect younger users, TikTok also removed 48,739 accounts in Kenya that were suspected of belonging to users under the age of 13, which is against the platform’s policies. In Kenya, the platform interrupted 103,847 LIVE sessions for…

LemFi has partnered with BVNK to move its cross-border settlement infrastructure onto regulated stablecoin rails. The partnership enables near-instant settlement behind the scenes while keeping the customer experience unchanged. Users will continue sending and receiving money in their local currencies without needing to hold or interact with stablecoins. LemFi says the new infrastructure will help reduce reliance on traditional correspondent banking and SWIFT networks, which can be slower and more expensive. “The money that crosses borders still moves on rails built decades ago,” said Ridwan Olalere, co-founder and CEO of LemFi. “Stablecoins let us settle near-instantly and reduce costs, while…