IXAfrica Data Centre has secured up to US$200 million in debt financing from Rand Merchant Bank (RMB) to expand its Nairobi campus, aiming to become a critical hub for hyperscale and artificial-intelligence workloads in the region.

• The funding will support the construction of an additional 20 megawatts of IT power, adding to the existing 2.25 megawatts already in service.
• Snehar Shah, CEO of IXAfrica, confirmed the company has identified Tilisi Industrial Park in Limuru as a viable point for future expansion.
• The Nairobi site benefits from proximity to key fiber routes, resilient power infrastructure, and Kenya’s largely renewable electricity supply.

Bonto Kenya Money Transfer Limited has suspended its money remittance operations, stopping transactions on August 15, 2025. The company cited mounting market and operational pressures, including narrow margins and rising expenses, as reasons for winding down operations, pending Central Bank of Kenya approvals.

• Bonto Kenya Money Transfer Limited will surrender its license to the Central Bank of Kenya.
• The firm stopped processing transactions on August 15, 2025, at 18:00 EAT.
• Kenya’s remittance inflows reached $5.77 billion in 2024, according to CBK data, despite increasing competition in the sector.