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Kenya cuts lending rate to 11.75%, urges banks to reduce interest rates

(L-R): Tengeri Osoro, Director Premier Bank Kenya, Osman Dualle, CEO of Premier Bank Kenya and Mark Elliott, Division President for Africa at Mastercard and Shehryar Ali, SVP and Country Manager for East Africa and Indian Ocean Islands during the signing of the collaboration agreement that will introduce Shari'ah-compliant payment solutions in Kenya.

Premier Bank, Mastercard launch Shari’ah compliant payment solutions in Kenya

Gerald Maithya, GM, Microsoft Africa Transformation Office, Wilfred Njuguna, CEO Zendawa, Wei Xiao, Director of Developer Relations, Africa and Middle East and Phyllis Migwi, Country GM Microsoft East Africa during the Microsoft NVIDIA AI Startup Partnership Launch.

Microsoft, NVIDIA, eyes AI innovation among startups in Africa

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Payments

DTB, Mastercard launch Kenya’s first tokenized payment wearables

These wearables will allow consumers to make secure, contactless payments by tapping them at compatible terminals.

November 5, 2024