KEThe Central Bank of Kenya (CBK) has approved licenses for 25 additional digital lenders, expanding access to financial services through technology-driven lending platforms. This move aims to enhance financial inclusion by supporting small businesses and individuals who may lack traditional banking access. The decision reflects ongoing regulatory efforts to modernize Kenya’s financial sector while ensuring compliance with prudential standards. The expansion follows previous licensing rounds and aligns with the government’s broader economic development goals.
Bias read (Center): The article presents a factual update on a regulatory action taken by the CBK without overtly favoring any political ideology. It focuses on the administrative process and implications for financial inclusion, without commentary on the political motivations behind the decision or the potential socio
