AI in Banking is Transforming Kenya’s Banking Sector Through Lending Risk Management and Customer Experience
The Kenyan banking industry is rapidly adopting artificial intelligence (AI) as lenders race to improve efficiency, expand financial inclusion, and strengthen fraud detection in a mobile-first economy. A recent survey by the Central Bank of Kenya found that 50% of financial institutions in Kenya have already integrated AI tools into their operations, showing how quickly […]
WSA Makes History in Anambra State, Nigeria!
The WSA Observer Mission to the United Nations has launched Africa’s First‑ever Three‑Tier Sanitation Club empowering children, students, and village youth to lead the future of clean water and sanitation in their communities. A new model for SDG 6 in action. The Permanent Observer of the Observer Mission of the Pan African Intergovernmental Agency on […]
Ecobank Named Best Bank in Africa for 2026 by Global Finance
Ecobank Transnational Incorporated has been named Best Bank in Africa for 2026 by Global Finance, with the award recognising the lender’s pan-African banking network, digital payment infrastructure, and role in supporting cross-border trade across the continent. The recognition adds to a strong year for the Lomé-headquartered banking group, which operates in 34 African countries and […]
Bank Accounts in Kenya With Zero Monthly Maintenance Fees in 2026
In banking, a maintenance fee is a monthly charge deducted from your account simply to keep it open and active. It works like a subscription fee for storing and managing your money. Banks use these charges to cover account administration, customer support, digital banking systems, and mobile app maintenance. Some accounts in Kenya no longer […]
Top Microfinance Banks in Kenya Offering Loans, Savings, and SME Support
Microfinance banks in Kenya play a central role in extending financial services to people who may not meet the requirements of traditional commercial banks. These institutions mainly serve small business owners, informal traders, farmers, and community savings groups by offering accessible loans, simplified account opening processes, and flexible collateral options. Unlike large banks that often […]
Office of the Data Protection Commissioner in Kenya: Who It Protects You From and What It Shields You Against
The Office of the Data Protection Commissioner (ODPC) is Kenya’s independent regulator established under the Data Protection Act, 2019. It oversees how both public and private institutions collect, process, store, and share personal data. The agency is often described as the country’s privacy watchdog, with authority to investigate complaints, carry out audits, issue enforcement notices, […]
Ecobank Raises $450m in World’s First Nature Bond, Targets Africa’s Biodiversity and Sustainable Agriculture
Ecobank Group has launched the world’s first ICMA-designated commercial bank-issued Nature Bond on the London Stock Exchange, opening a structured channel for international and African capital to fund biodiversity protection and sustainable land use across the continent. The transaction has received a top sustainability assessment from Moody’s, which assigned it an SQS1 (Excellent) sustainability quality […]
KCB Bank Tanzania Launches KCB LIPA to Enable Unified Payments across Banks and Mobile Networks
KCB Bank Tanzania has rolled out KCB Lipa, a digital payment solution aimed at transforming how businesses collect payments. With the system, merchants can now receive payments from all banks and mobile networks using one unified QR code, removing the need for multiple tills or separate mobile money integrations. The solution, KCB Tanzania’s latest merchant […]
EIRS Kenya Bets on Talent, Advisory Expertise to Drive East Africa Growth
EIRS Kenya has announced plans to significantly expanded its Kenya team by more than 60% by the end of Q3, in line with its broader strategy to strengthen client experience, deepen specialist advisory capabilities, and respond to the increasingly complex risk environment facing businesses across East Africa. The expansion comes at a time when companies […]
Capital Markets Authority (CMA) Approves Three Investment Banking Upgrades as Kenya Expands Capital Markets Capacity
The Capital Markets Authority (CMA) has approved a new set of licences covering investment banking, fund management, investment advisory services, and venture capital operations, in a move that will expand the range of regulated intermediaries operating in Kenya’s capital markets. The CMA approvals include three investment banking licence upgrades, alongside additional authorisations for fund managers, […]