The central bank of Kenya, responsible for formulating monetary policy and regulating the banking sector.
Africa Blockchain Festival Opens in Nairobi, Connecting 50 Startups With Investors
The Africa Blockchain Festival kicked off on October 15, 2026, in Nairobi, Kenya. The event brings together 50 African startup founders, venture capital investors, and technology leaders.
Kenya’s fintech reforms promise clarity but could delay investment
Kenya's Central Bank is proposing a draft National Payment System Bill, 2026 that requires investors acquiring at least 10% of payment service providers to obtain written approval. The new bill aims to repeal existing fintech laws and introduce separate licensing categories for electronic wallets, p
Kenya’s central bank seeks powers to take over struggling fintechs
The Central Bank of Kenya (CBK) is seeking powers to take over struggling payment companies under the National Payment System Bill, 2026. The bill allows CBK to intervene when payment service providers fail to meet obligations to customers or threaten financial stability.
Safaricom taps Pesapal’s 30,000 POS terminals to take M-PESA contactless
Safaricom partners with Pesapal to bring tap-to-pay functionality to M-PESA users. Customers can now use NFC-enabled devices or QR codes for payments at Pesapal terminals.
Kenya proposes up to $1.93m capital requirement for payment firms
Kenya proposes new capital requirements for payment companies, raising the entry cost for fintechs. The Central Bank of Kenya sets minimum capital thresholds from KES 5 million to KES 250 million.
