CBK licenses 42 more digital credit providers, total now 195
NAIROBI, Kenya, Jan 1 – The Central Bank of Kenya (CBK) has licensed an additional 42 Digital Credit Providers (DCPs), bringing the total number of Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Central Bank of Kenya (CBK) has licensed an additional 42 Digital Credit Providers (DCPs), bringing the total number of regulated digital lenders in the country to 195 as of January 1, 2024. This ongoing regulation aims to curb predatory practices and protect consumers in the rapidly expanding digital lending sector.
- A total of 195 digital lenders are now regulated in Kenya, following the licensing of 42 new DCPs.
- The CBK has received over 800 applications since March 2022, with careful review of business models and consumer protection.
- As of November 2025, licensed DCPs had issued 6.6 million loans valued at KSh 109.8 billion.
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Kenya Implements Economic Policies Including Privatization, a New Infrastructure Fund, and Licensing of Digital Lenders - January 2026
In 2025, Kenya initiated a major economic policy shift through privatization, primarily by selling a significant stake in Safaricom PLC to raise capital for infrastructure and reduce debt. Alongside this, President William Ruto announced the establishment of the National Infrastructure Fund as a cornerstone of Kenya's economic development. This fund aims to accelerate the country's transformation towards a first-world economy by 2026. Separately, the Central Bank of Kenya (CBK) has licensed an additional 42 Digital Credit Providers (DCPs). This action brings the total number of regulated digital lenders in the country to 195 as of January 1, 2024. The ongoing regulation aims to curb predatory practices and protect consumers in the digital lending sector.
