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HomeDaily NewsFriday, April 24, 2026Kenya, Ghana Move to Establish East-West African Digital Asset Corridor - April 2026
Business & Economy3 stories from 1 sources

Kenya, Ghana Move to Establish East-West African Digital Asset Corridor - April 2026

Kenya's Virtual Assets Chamber of Commerce (VACC) and Ghana's Chamber of Digital Assets and Blockchain Innovations (CDABI) have signed an MOU to establish an East-West African Digital Asset Corridor, aiming to align policy and strengthen regulation in the digital asset ecosystem across Africa. Nairobi is set to host the Kenya Blockchain and Crypto Conference (KBCC 2026) on May 14–15, focusing on the growing role of stablecoins and blockchain in Africa's payment systems. Meanwhile, Kenyan diaspora remittances have reached a record USD 5.08 billion in the 12 months to June 2025, yet a substantial portion of this capital is not being channeled into the nation's real estate sector due to trust issues and structural gaps.

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Friday 10:22 AMCapital Business

Kenya, Ghana move to establish East–West African Digital Asset Corridor

Kenya, Ghana move to establish East–West African Digital Asset Corridor

Kenya's Virtual Assets Chamber of Commerce (VACC) and Ghana's Chamber of Digital Assets and Blockchain Innovations (CDABI) have signed an MOU to establish an East-West African Digital Asset Corridor, aiming to align policy and strengthen regulation in the digital asset ecosystem across Africa.

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Key Highlights

Kenya's Virtual Assets Chamber of Commerce (VACC) and Ghana's Chamber of Digital Assets and Blockchain Innovations (CDABI) have signed an MOU to establish an East-West African Digital Asset Corridor, aiming to align policy and strengthen regulation in the digital asset ecosystem across Africa.

  • The partnership aims to improve coordination between markets that have developed in isolation, fostering a more connected and coordinated African approach to virtual asset policy and growth.
  • Key organizations involved are the VACC in East Africa and CDABI in Ghana.
  • The agreement emphasizes collaboration on regulatory alignment, policy development, capacity building, joint research, and thought leadership, with a shared goal of building trust and standards for responsible market growth.
Thursday 6:13 PMCapital BusinessFirst

Nairobi conference to spotlight stablecoins as banks, fintechs debate future of payments

Nairobi conference to spotlight stablecoins as banks, fintechs debate future of payments

Nairobi is set to host the Kenya Blockchain and Crypto Conference (KBCC 2026) on May 14–15, focusing on the growing role of stablecoins and blockchain in Africa's payment systems.

Read Story
Friday 10:39 AMCapital Business

The House That Remittance Built: Unlocking Kenya’s Diaspora Real Estate Boom

The House That Remittance Built: Unlocking Kenya’s Diaspora Real Estate Boom

Kenyan diaspora remittances have reached a record USD 5.08 billion in the 12 months to June 2025, yet a substantial portion of this capital is not being channeled into the nation's real estate sector due to trust issues and structural gaps.

Read Story

Key Highlights

Kenyan diaspora remittances have reached a record USD 5.08 billion in the 12 months to June 2025, yet a substantial portion of this capital is not being channeled into the nation's real estate sector due to trust issues and structural gaps.

  • Record remittance inflow of USD 5.08 billion (over KES 650 billion) in the year to June 2025, surpassing earnings from tea, coffee, and tourism.
  • Low formal mortgage uptake among the diaspora, with over 90% relying on informal or cash-based property transactions.
  • Financial institutions are developing tailored solutions like foreign-currency-denominated mortgages and escrow systems to enhance trust and security for diaspora property investors.
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Key Highlights

Nairobi is set to host the Kenya Blockchain and Crypto Conference (KBCC 2026) on May 14–15, focusing on the growing role of stablecoins and blockchain in Africa's payment systems.

  • USDT processed over $13 trillion in transfer volume globally in 2025, with significant adoption growth in Africa at 18.6% year-on-year.
  • Key participants include CTOs and CEOs from Pawapay, HoneyCoin, and representatives from OKX, SWIFT, VALR, and the Nairobi International Financial Centre Authority.
  • The discussions will highlight how stablecoins are addressing practical business needs like faster cross-border transactions, reduced settlement times, and 24/7 payment capabilities, moving beyond speculation.