The Central Bank of Kenya (CBK) has licensed 29 more digital lenders, bringing the total number of regulated providers to 281. This move is part of the regulator's ongoing efforts to enhance oversight of the digital lending sector.

• 281 digital credit providers (DCPs) are now licensed by the CBK.
• The CBK has received over 900 applications since March 2022.
• The licensing framework aims to strengthen oversight and improve consumer protection in the rapidly growing credit market.

Absa Bank is embarking on a significant digital transformation initiative, aiming to revolutionize traditional banking services from within the industry.

• The strategy is spearheaded by Sitoyo Lopokoiyit, the new Chief Executive for Personal and Private Banking at Absa Group.
• This move signifies an insider-led disruption of the banking sector.
• The focus is on redefining customer experiences and operational efficiency through digital innovation.

The Central Bank of Kenya (CBK) has significantly expanded its oversight of digital lenders by licensing an additional 29 providers. This brings the total number of regulated digital lenders in Kenya to 281.

• The CBK has now licensed a total of 281 digital credit providers.
• The Central Bank of Kenya (CBK) is the key organization involved in this licensing.
• This follows a previous licensing of 25 digital credit providers in July.

Kenyan household electricity consumption surged by 18.87% in the year ending June 2026, driven by increased usage per customer and a growing customer base. This marks a significant rise in domestic power demand, according to the latest statistics.

• Domestic electricity consumption rose by 686.75 GWh, reaching 4,327.07 GWh.
• The Energy and Petroleum Regulatory Authority (EPRA) released the findings in their 2025/2026 Energy and Petroleum Statistics Report.
• Despite a decrease in their overall share, large commercial and industrial users remained the biggest consumers, accounting for 47.57% of total electricity use.

Bolt Send in Kenya has experienced a significant surge in orders, with a 130 percent increase between January and July 2026, largely driven by the introduction of motorcycle deliveries.

• Bolt Send orders grew by over 135 percent in Kenya during the specified period, making it the company's fastest-growing market globally.
• The service, relaunched after receiving a full National Courier Operator license from the Communications Authority of Kenya, has surpassed one million deliveries.
• Dimmy Kanyankole, Senior General Manager for East Africa at Bolt, highlighted the demand for reliable and accountable delivery services tailored to local needs.