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M-PESA Kenya

The Role of Mobile Money in Kenya’s Tech Surge

Over the last decade, Kenya has witnessed significant technological growth, with the country now considered among the leading nations on that front in Africa. Dubbed Silicon Savannah, the East African nation has become the reference point for technological advancement not...

Minors Won’t Get Access to Loan Services in M-Pesa Junior Accounts

Safaricom, a telecommunications provider in Kenya, confirmed that minors will not get access to loan services like M-Shwari and Fuliza. The Kenyan telco announced on Friday that it is introducing M-PESA Junior Accounts for individuals between the age of 10...

M-PESA Rakes in $1.5-Billion Amid Kenya’s Betting Craze

Kenyans have spent Sh169.1-billion ($1.5-billion) betting through Safaricom's M-Pesa in the year to March. According to Business Daily, disclosures show that the value of bets jumped 23.8 percent from Sh136-billion ($1.2-billion) a year earlier. The Kenyan government is trying to crack...

Safaricom Hires Managing Director of Citibank

Safaricom, a Kenyan telecommunications service provider, has hired the managing director of Citibank to be in charge of strategy and acquisitions. The telco is currently seeking regulatory approvals to launch insurance, unit trust, and savings products in an endeavour to...

Fraud Scandal: MozzartBet Fights $2.6-Million Seizure Transferred Through M-Pesa

MozzartBet, a betting company, has returned to court to fight the Kenyan State against the seizure of Sh302-million ($2.6-million) that was declared to have been acquired through alleged crime. According to Business Daily, the company says that the millions are...

Safaricom Hits 30 Million Monthly Active M-PESA Users in Kenya

Telco Safaricom has revealed that its active M-PESA users have surpassed the 30-million mark for its Kenya customers, according to Techweez. Techweez says that this new development follows after the product's 15th birthday after its launch in May 2007. M-PESA...

Safaricom to Take All M-PESA Services Offline – When, Why & How Long

Safaricom is set to take down all M-PESA services from Saturday 6 November 2021 at 23:59 until Sunday morning 04:00 - effectively for four hours as Kenya's largest telecom company conducts maintenance on its services for around the 10th...

All M-PESA Services Are Going Offline Tonight But for How Long?

Safaricom has announced in a statement that it will be taking down all M-PESA services, including the purchase of airtime for the undertaking of "enhancements and maintenance" of its systems. "We are constantly investing and innovating M-PESA to ensure that...

Top 4 Most Trending Stories – Week in Review

As this week comes to a close we take a look at the stories that resonated most with our readers. This week was marked by huge vaccine-related news in South Africa. After Discovery Health announced mandatory vaccinations for its employees...

M-PESA Becomes Africa’s Largest FinTech with 50-Million Active Users

The mobile money service of Kenya's largest telco has officially reached 50-million active users across Africa, according to an announcement by Safaricom. M-PESA is now, by the sheer size of its active user base, the most popular mobile money platform...
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Plan Ahead with Bolt: Book Your Ride In Advance

Bolt has launched its 'Scheduled Rides' feature allowing users to book rides up to 72 hours in advance. This feature...
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