11th November 2022 Political and Regulatory Round Up

KENYA Ruto’s inaugural Cabinet meeting approves launch of Hustlers Fund in three weeks President William Ruto’s Cabinet has approved a plan to lower the cost of living, as it rolled out plans to culminate in the launch of the proposed Hustlers Fund in three weeks.

4th November Trade and Financial Services Round Up

Kenya Dollar crisis piles pressure on Sh75bn State firms foreign debt State-owned enterprises (SoEs) are sitting on non-guaranteed foreign currency debt worth Sh74.9 billion, exposing them to higher financing costs due to the sharp depreciation of the shilling against the US dollar. The dollar loans

28th October 2022 Political and Regulatory Round Up

KENYA Ruto now hints to MPs about a 2027 one-party plan President William Ruto has set his sights firmly on 2027 re-election and leaving the country a one united party for the future as opposed to the trend since 2002 where every other General Election

14th October 2022 Political and Regulatory Round Up

KENYA Nanok, Koskei: The power men in Ruto State House Former Turkana governor Josphat Nanok and former Agriculture Cabinet Secretary Felix Koskei appear primed for the top jobs of State House comptroller and President William Ruto’s chief of staff respectively. The two are the centre

7th October 2022 Political and Regulatory Round Up

KENYA MPs fight as Wetang’ula rules Kenya Kwanza has majority National Assembly Speaker Moses Wetang’ula yesterday found himself in murky waters as MPs protested his declaration of Kenya Kwanza as the majority side forced him to end the sitting of the House prematurely. Mr Wetang’ula,

30th September 2022 Political and Regulatory Round Up

KENYA High praise for President Ruto speech from awed MPs President William Ruto’s speech during a joint sitting of the Senate and National Assembly drew a standing ovation from both sides of the political divide, save for pockets of MPs from Azimio la Umoja One

Fintech in Africa (Part 1): African tech boom is more than a buzz; future is bright

The financial industry has benefited greatly from the buzz surrounding the African tech boom, with reports of African fintech businesses raising money becoming commonplace in tech media. It accurately reflects how much venture capitalists and investors have attracted financing to the fintech sector.  Fintech has

Data Policy Framework for Africa

The African Union Commission (AUC) is in the process of developing a Data Policy Framework for Africa. The process which is made possible by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) under the Data-Cipation programme, is being spearheaded by Research ICT Africa (RIA). Currently, RIA