Funding
Nairobi-linked Satlyt raises $8M to expand AI computing on satellites
Nairobi-linked Satlyt has raised an $8 million seed round to expand software that lets satellites process data and run AI applications in orbit.
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Fintech
Kenya licenses 29 more digital lenders as regulated loan book reaches KSh165.1 billion
The Central Bank of Kenya says licensed digital lenders had issued 9.6 million loans worth KSh165.1 billion by August 2026.
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MTN Rwanda turns to AI for faster fault detection as its 5G network expands
The operator says AI is helping its teams find outages and network degradation earlier, while a location-by-location 5G rollout reaches Musanze.
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Ethiopia Finance Forum puts cyber resilience and digital infrastructure on the agenda
The Addis Ababa programme brought regulators, banks and technology companies into discussions on cyber risk, interoperable payments and digital public infrastructure.
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Safaricom and Pesapal bring tap-to-pay and smarter QR checkout to M-PESA
The new checkout options let customers tap an NFC phone on a Pesapal terminal, scan a pre-filled QR code or use AI to read payment details from a receipt.
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Airtel Money Kenya leadership exit adds to a busy season for East Africa’s mobile money sector
The exit of Airtel Money Kenya’s chief comes at a sensitive moment for mobile money leadership in Kenya, with Airtel Kenya and Safaricom both seeing executive changes. For the region’s payments industry, the timing underscores how much strategy, regulation, and capital-market plans now intersect.
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