Also known as: M-Pesa revenue
M-Pesa — mobile money service operated by Safaricom, generating record revenue growth while facing copyright infringement rulings and cybersecurity risks.
Safaricom reported record profit of Sh99.7 billion for the financial year ending March, driven by M-Pesa growth, while the High Court ordered the company to pay Sh1.4 billion in damages for infringing on an M-TIN Mobile Wallet USSD application, plus 0.5 percent annual royalties on M-Pesa revenue from March 2025 onward.
Small and medium enterprises in Kenya, which contribute between 33% and 40% of the country's GDP, are adopting technology including mobile payments like M-Pesa to improve operations. An IT expert notes Kenya ranks among the top globally for technology and AI uptake, ahead of the US and UK.
19 hours ago · Citizen Digital →
Small and medium enterprises in Kenya, which contribute between 33% and 40% of the country's GDP, are adopting technology including mobile payments like M-Pesa to improve operations. An IT expert notes Kenya ranks among the top globally for technology and AI uptake, ahead of the US and UK.
19 hours ago · Citizen Digital →
Kenya's High Court found that Safaricom infringed the copyright of an M-TIN Mobile Wallet USSD application and ordered the telecommunications company to pay Sh1.4 billion in damages to a businessman, plus ongoing royalties of 0.5 percent of its gross M-Pesa revenue annually from March 31, 2025.
22 hours ago · Capital News →
Safaricom has been ordered to pay a businessman Ksh.1.4 billion after the High Court found the company infringed on the MTIN Mobile Wallet USSD application. The court also directed Safaricom to pay royalties of 0.5 per cent of M-Pesa revenue annually from March 31, 2025, for as long as the service remains in operation.
23 hours ago · Citizen Digital →
Safaricom has posted a record net profit of Sh99.7 billion for the financial year ending March, maintaining its position as the most profitable company listed on the Kenyan bourse and in the region.
8 May 2026 · The Standard →
Kenya's iGaming sector, built on mobile-first sports betting and M-Pesa adoption, is shifting toward full-featured casino platforms. Players increasingly expect operators to offer casino games, live dealer rooms, instant withdrawals, and personalised promotions alongside traditional football betting.
6 May 2026 · Citizen Digital →
According to the Digital 2026 Mid-Year Global Update Report, Kenya leads the world in AI tool usage, with 97.5 per cent of internet users aged 16 and above engaging with AI platforms monthly. Kenya's Special Envoy for Technology Philip Thigo said the country should invest in building more data centres to handle its own data, as Africa represents only about one per cent of the world's AI computing capacity.
1 May 2026 · The Standard →
As Kenya advances its digital economy and moves services online, a cyber security expert warns that businesses and institutions face rising threats including SIM-swap fraud, mobile-first attacks, and API-based exploits targeting mobile money platforms and cloud systems.
30 April 2026 · The Standard →
Kenya's shift to mobile money for elder welfare payments through the Inua Jamii cash transfer programme has reduced caregiver fraud, but civil society advocates warn it has exposed older Kenyans with low digital literacy to financial exploitation from within families. Low awareness of security features like PINs and alternative voice prompts leaves vulnerable recipients exposed as banking systems migrate to mobile platforms.
26 April 2026 · The Standard →
The Kenya Blockchain and Crypto Conference 2026, to be held May 14–15 in Nairobi, will bring together more than 1,500 participants including fintech executives, telecom operators and policymakers to discuss stablecoins, payments infrastructure and Africa's digital financial systems. Industry players are pushing for deeper integration between stablecoin networks and traditional payment systems such as mobile money.
26 April 2026 · The Standard →
Speaking at LUISS School of Government in Rome, President William Ruto unveiled an ambitious roadmap anchored on infrastructure expansion, agricultural transformation, and increased energy capacity to transform Kenya into a first-world economy within a generation. The plan includes doubling the paved road network, constructing at least 50 mega dams to irrigate over 2.5 million acres, tripling electricity capacity within seven years, and delivering more than 240,000 affordable homes.
24 April 2026 · Citizen Digital →