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Kenya’s banks are aiming to compete with M-Pesa mobile money transfer with their own product, PesaLink. Their plan is to undercut M-Pesa on fees, but they will only serve bank account holders at first.
The Kenyan government is utilizing blockchain to develop an immutable and transparent education management system, issuing academic certificates on a cloud-based blockchain network.
In a backward move, the Central Bank of Kenya (CBK) has outlawed Bitcoin directing and cautioning Kenyans to reject it.
Kenya Ministry of Communications and Information Technology minister Joe Mucheru is unable to sell his shares in BitPesa after the federal government imposed tightened regulations on virtual currency.
As it is just a matter of time for the Bitcoin bubble to burst in India so it is a little sooner for the multiplier effect of the burst to spill over to Africa.
It has been revealed recently that Safaricom, a leading Kenyan mobile network operator, tried to shut down a promising Bitcoin startup. Are monopolists that much afraid of losing out to Bitcoin?
The growing need for Bitcoin ATMs in Nigeria, India, and Kenya is propelling the growth of the global ATM market, says Technavio’s latest global ATM market report.
M-Pesa operator Safaricom will not be required to grant access to bitcoin startup BitPesa amid an ongoing legal dispute. What are the consequences?
Central Bank of Kenya has warned public against Bitcoin and other virtual currencies citing its non legal tender and no regulated status.
Michael Bumann has been in Nairobi, Kenya for several months updating himself on the tech scene there.
Safaricom, the mobile network operator behind M-Pesa has released an Application Programming Interface (API) for all developers who want to create solutions tied directly into their payment systems.
California is working to stop businesses from moving out of the state in its version of the BitLicense; Patrick Byrne signs US$30M deal to bridge the gap between Bitcoin technology and Wall Street; and more news
Bill & Melinda Gates Foundation has funded Ghana based blockchain startup Bitsoko in a startup competition called Gran Challenges Explorations, which focused on promoting wide spread acceptance of mobile money by small merchants.
The fourth Savannah Fund accelerator class is underway. BitFinance, a bitcoin exchange in Zimbabwe, is one of four startups selected from a list of over 150 applications from across Africa.
Safaricom customers were greeted with the news that they should prepare themselves for an M-Pesa service shutdown over the coming weekend, on April 18 and 19.
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