M-KOPA secured a $75 million growth equity funding round
M-KOPA has said that it plans to use the $75 million Growth Equity funding it secured to expand into additional countries across Afrika, beyond Kenya, Uganda, Nigeria, and Ghana.
Kenya
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KCB system security flaw exposed
Chris Irakoze, a programmer from Burundi, exposed a data breach KCB Bank's (Kenya) mobile app which exposed details of 500,000 customers. Irakoze first mentioned the data breach in September 2016.
Kenya's failed cashless payment system for public transport
Cheaper mobile loans in compliance introduced in Kenya
Kenya's new lending law caps bank interests at 4% above the Central Bank Benchmark Rate, which stands at 10.5%, regulates applicable rates to bank loans, mobile loans, and deposits.
Orchestrated ousting of Angani's founders in Kenya
