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CBK To Hire Crypto Experts as Virtual Assets Law Takes Shape
The hires sit within the regulator’s Digital Payment Services Division and will anchor both the front-end licensing pipeline and the back-end supervisory regime for Virtual Asset Service Providers (VASPs).
Emirates Installs Starlink on A380 in World First as More Airlines Explore Satellite Internet
In-flight connectivity with low-Earth-orbit satellites has become the latest 'arms race' in aviation, with Starlink, Amazon Leo, and other players competing for contracts with major carriers.
Tullow Challenges KSh 23bn Tax Claim on Kenya Exit
Tullow Oil PLC has formally objected to a KSh 23 billion (US$170million) tax assessment by the Kenya Revenue Authority (KRA), setting up what could be a protracted dispute over the company’s exit from Kenya.
NSE Derivatives Open Interest Contracts Jump From 1 to 12,000 in a Year
NSE NEXT derivatives open interest surged from a single contract worth KSh 48,000 in Q1 2025 to 11,983 contracts valued at KSh 54.36 million in Q1 2026, CMA data shows. Q1 2026 turnover reached KSh 318 million, exceeding the full-year 2025 total of KSh 248.7 million, with February setting an all-time monthly record of KSh 140.9 million since NEXT launched in July 2019.
Artificial Intelligence is the Future of Capital Markets Research in Africa
The broader promise of Artificial Intelligence (AI) requires deliberate fine-tuning for African markets, not the assumption that what works in New York will work in Nairobi, Writes Ken Oidamae Tobiko.
NSE Local Individual Bond Traders Surge 298%
Local individual bond accounts at the NSE surged 297.6% to 3,010 in Q1 2026, breaking above a five-year ceiling, as full-year 2025 bond turnover hit a record KShs 2.71 trillion and February 2026 set an all-time monthly high of KShs 417.03 billion. The overall bond investor base rose 164.2% year-on-year to 3,640 accounts, NSE and CMA data shows.
OpenAI Targets Africa Growth as EAC Backs AI Fund, Sovereignty Drive
OpenAI will extend the reach of its AI models and tools across the continent, enabling wider adoption and real-world deployment of AI solutions while WildMango will handle distribution, integration and localization.
Ethiopian EV Maker Dodai Raises US$13Mn in Series A Funding
Dodai, an electric mobility startup operating in Addis Ababa, has raised US$13 million in a Series A round split between US$8 million in equity and US$5 million in debt
KMRC Floats KSh 3bn Bond to Refinance Home Loans
KMRC has launched a KES 3bn sustainability bond offer open until May 12, 2026. The eight-year note is Tranche 2 of its KES 10.5bn MTN programme. Proceeds target green and social home loan refinancing. NSE listing is scheduled for May 25, 2026.
LemFi Commits £100m to Global Expansion, Strengthening Financial Access Across Africa and Beyond
By making a strategic £100m investment into its global infrastructure and designating London as its global hub, LemFi is equipped to better serve the diaspora and the markets they support.
KRA Tightens Grip on VAT Refund Claims By Linking Customs, Tax Data
KRA will begin automatically linking export records to VAT filings, tightening oversight of refund claims in a shift that closes a long-standing gap between customs declarations and tax reporting.