Kenya

Kenya’s largest power producer lures block reward miners with geothermal energy
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8 June, 2022

Kenya’s largest power producer lures block reward miners with geothermal energy

KenGen PLC is luring miners with cheap geothermal energy and claims it has already been approached by a number of...
Equity Bank Kenya CEO: Digital currencies can complement mobile money
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25 May, 2022

Equity Bank Kenya CEO: Digital currencies can complement mobile money

The CEO of Equity Bank Kenya said that commercial banks need to convince regulators of the benefits of digital currencies...
Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
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2 April, 2022

Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges

The CBK governor believes that central banks must address their financial challenges directly before launching a digital currency as it...
Low smartphone penetration will hinder CBDC adoption, Kenya central banks says
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30 March, 2022

Low smartphone penetration will hinder CBDC adoption, Kenya central banks says

The central bank governor believes it may be wise to delay the possible rollout of a digital shilling as those...
Kenya explores CBDC, calls for public feedback
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18 February, 2022

Kenya explores CBDC, calls for public feedback

The Central Bank of Kenya published a discussion paper on central bank digital currency, noting that a CBDC-powered cross-border remittance...
2021 year in review: Bitcoin comes of age in Africa
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31 December, 2021

2021 year in review: Bitcoin comes of age in Africa

2021 had it all in Africa for digital currencies—adoption soared by 1,200% as Kenya led global P2P trades, but there...
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