N
Originally published by Nation Business
📰 Read Full Article
business
June 22, 2026
5h ago

Safaricom joins tech, crypto firms to help tackle illegal wildlife trade

Safaricom joins tech, crypto firms to help tackle illegal wildlife trade

M-Pesa partners and major blockchain analytics firms deploy AI-enabled detection and anti-money-laundering systems to freeze the transaction flows of criminal networks...

✨ Key Highlights

Safaricom is joining a global coalition of technology and financial firms, including Meta, TikTok, and Google, to combat the illegal wildlife trade. The initiative was announced during London Climate Action Week as part of a forum convened by The Royal Foundation’s United for Wildlife.

  • The participating companies represent a fifth of the global e-commerce market and 90 percent of the world’s social media users.
  • Safaricom, alongside Vodafone and Vodacom, will leverage AI in their M-Pesa mobile money platform for anti-money-laundering and transaction monitoring to disrupt financial flows linked to wildlife trafficking.
  • The illegal wildlife trade generates an estimated $23 billion annually, threatening approximately 1 million plant and animal species.

Continue Reading

Read the complete article from Nation Business

📰 Read Full Article
Advertisement

Related News

Advertisement