Kenya’s fintech ecosystem raised $120 million in venture capital in the first half of 2024, making it Africa’s second-largest recipient …
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Economy & Business
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Economy & Business
Kenya’s Data Protection Office Fines Three More Fintechs for Privacy Violations
by KenyaPollsby KenyaPollsKenya’s Office of the Data Protection Commissioner (ODPC) has fined three additional digital lenders—Lipa Later, Tala, and FairKash+—Ksh7 million each …
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Economy & Business
Fuel Prices Drop as Global Crude Stabilizes Below $75/Barrel
by KenyaPollsby KenyaPollsKenya’s super petrol price fell to Ksh172.87 per litre in June 2024—the lowest in 18 months—following a sustained drop in …
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Economy & Business
Kenya Secures $1.4 Billion IMF Loan to Stabilize Economy
by KenyaPollsby KenyaPollsThe International Monetary Fund (IMF) has approved a 38-month, $1.4 billion Extended Fund Facility (EFF) for Kenya, aimed at restoring …
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Economy & Business
Kenya and Rwanda Launch Mutual Digital ID for Cross-Border Trade
by KenyaPollsby KenyaPollsKenya and Rwanda have launched a mutual digital ID verification system to ease cross-border business and movement. Effective June 2024, …
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Economy & Business
Kenya and Rwanda Partner on Cross-Border Digital ID for Trade
by KenyaPollsby KenyaPollsKenya and Rwanda have launched a mutual digital ID verification system to ease cross-border business and movement. Effective June 2024, …
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Economy & Business
Kenya to Host AfCFTA Digital Trade Negotiations in August
by KenyaPollsby KenyaPollsKenya will host the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol negotiations in Nairobi this August 2024. The …
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Economy & Business
Kenya’s AgriTech Startups Partner with USAID on $50 Million Climate-Resilient Farming Initiative
by KenyaPollsby KenyaPollsKenyan AgriTech firms Apollo Agriculture, FarmDrive, and SunCulture have partnered with USAID on a $50 million initiative to scale climate-resilient …
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Economy & Business
Kenya’s AgriTech Startups Secure $60 Million in 2024 Funding
by KenyaPollsby KenyaPollsKenyan AgriTech startups raised $60 million in the first half of 2024, leading East Africa in agritech investment. Top deals …
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Economy & Business
Kenya’s AgriTech Startups Secure $75 Million in Climate-Focused Funding
by KenyaPollsby KenyaPollsKenyan AgriTech startups raised $75 million in climate-focused funding in H1 2024, led by Apollo Agriculture ($25M), SunCulture ($20M), and …