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M-PESA’s Market Share Decline: Airtel Money Gains Ground in Kenya

M-PESA, Safaricom’s mobile money service, has recorded its fifth consecutive quarterly decline, facing increasing competition from Airtel Money and the broader impact of interoperability in Kenya’s mobile money market. According to the latest report from the Communication Authority of Kenya (CA), M-PESA’s market share fell by 2.3 percentage points in Q4 2024, dropping to 91%…

ByEmmanuel DanijiMarch 20, 20250Comments

Management News

Wimbart Expands with Strategic Hires in Nairobi and Lagos

New hires strengthen the PR company’s on-the-ground presence to provide support for new and existing pan-African and international clients

ByEmmanuel DanijiDecember 10, 20240Comments

Money News

Kenyan Banks Commit to Lower Lending Rates Amid Central Bank Pressure

This pivotal move is poised to make credit more affordable for individuals and businesses, fostering broader economic participation.

ByEmmanuel DanijiDecember 9, 20240Comments

News

M-PESA Hits 34 Million Customers In Kenya

Safaricom’s mobile money platform, M-PESA, achieved a major milestone in November 2024, crossing 34 million customers. Eighteen years since its launch, M-PESA has grown beyond a payment tool to become a comprehensive financial ecosystem, transforming the way Africans access financial services. Why This Milestone Matters M-PESA’s success lies in its ability to innovate and adapt…

ByEmmanuel DanijiDecember 6, 20240Comments

News

Meta Faces Legal Challenge in Kenya Over Content Moderation Practices

However, the Court of Appeal dismissed Meta’s arguments, stating that the tech giant’s appeals were without merit, and upheld the original decision.

ByEmmanuel DanijiSeptember 23, 20240Comments

Reviews

Kenya Leads the Big Four in Tech Startup Funding for H1 2024

Kenya’s remarkable rise to the top was largely fueled by a $51 million funding round secured by M-Kopa, a clean energy startup.

ByEmmanuel DanijiJuly 5, 20240Comments

News

All You Need to Know About the Kenya Protest

The protests, characterized by their intensity and the involvement of a cross-section of Kenyan society, have not only highlighted the citizens’ frustration but have also brought to the fore the critical issue of governance and public policy in the East African nation.

ByEmmanuel DanijiJune 26, 20240Comments

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M-PESA’s Market Share Decline: Airtel Money Gains Ground in Kenya

Wimbart Expands with Strategic Hires in Nairobi and Lagos

Kenyan Banks Commit to Lower Lending Rates Amid Central Bank Pressure

M-PESA Hits 34 Million Customers In Kenya

Meta Faces Legal Challenge in Kenya Over Content Moderation Practices

Kenya Leads the Big Four in Tech Startup Funding for H1 2024

All You Need to Know About the Kenya Protest

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