Kenya launched a groundbreaking new money transfer service mainly targeting unbanked people. The pioneering service by Safaricom, the country’s largest mobile telephone operator, was named Mpesa.

Kenya's economy recorded a slump in the first six months of the year, however, companies like Safaricom, Kenya Airways and ...

The research found that Tanzania and Uganda had surpassed the 20% savings threshold, even though their per capita incomes ...

Kenya must not rest on its laurels but strive to build on its successes while addressing its challenges head-on.

[Elvis Ogina, Standard] Airtel Kenya has separated its mobile money from call, data and SMS business to allow the Central Bank of Kenya (CBK) regulate the funds transfer platform. In an ...

Africa’s economic landscape is often described as fragmented. Its 40+ currencies, eight regional economic communities, and ...

In contrast, 73% of the population in Kenya have a mobile payment account. Paga, one of Nigeria's biggest mobile money operators, operates multiple kiosks in Lagos, particularly in neighbourhoods ...

The collaboration introduces Airtel Kenya's mobile money service Airtel Money as the latest, convenient payment method for expressway users. Anne Kinuthia-Otieno, managing director of Airtel Money ...

Consumers are using credit and debit cards for retail payments less compared to cash and mobile money platforms.

Kenya's government has been fighting off a ... There were also disruptions to train-booking systems and payment for electricity. Mobile-money banking services were also affected and people relying ...