loan apps

2 Articles
Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Licenses 42 More Digital Lenders Amid Consumer Protection Drive

The Central Bank of Kenya (CBK) has licensed 42 additional Digital Credit Providers, raising the total number of approved digital lenders operating in...

A mobile phone user on their device. Mobile loan apps in Kenya have been accused of numerous unethical practices.
BUSINESSECONOMY

End of an Era? Loan Apps in Kenya Face Closure Over New Bill

The government-backed Central Bank of Kenya (CBK) Amendment Bill of 2020 has continued to chug along in Parliament, proposing a raft of far-reaching...