As East Africa’s largest economy, Kenya has seen its economy grow by more than 4% for the last three years, according to data from the World Bank, while an improvement in fiscal indicators and a new constitution encouraging devolution have helped to improve governance and the public balance sheet.
The telecommunications sector in Kenya is one of the more dynamic in Africa, having garnered recognition in particular for its success in rolling out mobile money platforms and value-added services, and benefitting in a broader sense from the government’s effort to increase the role of telecoms and ICT in the country’s overall development. Wireless connectivity has acted as a leapfrog...
How can Kenya’s digital infrastructure be improved and nationwide connectivity strengthened?
The main group of telecommunications providers in Kenya is certain to see a change in 2014, as one of the four major network operators, Indian Essar Telecom’s yuMobile brand, announced plans to exit the market, opening up potential avenues for foreign investment, and another was rumoured to be considering an out. Finding buyers for assets on sale has been trickier given...
In a textbook example of synergy, Kenya leads Africa in terms of both mobile money take-up and financial inclusion: it has the highest usage rates on the continent, with more than 61% of adults counted as users, according to an IMF report on the topic. And in no other African country does a larger share of the population enjoy access to financial services of any type (75...
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