Kenya

Equity Bank Kenya CEO: Digital currencies can complement mobile money
-
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
-
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
-
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
-
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
-
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...
Africa’s digital currency market grew by 1200% in the past year: Chainalysis
-
20 September, 2021

Africa’s digital currency market grew by 1200% in the past year: Chainalysis

Africa has seen massive growth since June last year, with the need for cheap remittances, rise of P2P platforms, and...
Advertisement