Kenya's mobile money sector experienced significant growth in the third quarter of the 2025/26 financial year, with subscriptions increasing from 51.4 million to 53.4 million between January and March 2026, according to the Communications Authority of Kenya. This represents a quarterly growth rate of 3.9%, amounting to approximately two million new subscriptions.

Safaricom's smartphone factory in Kenya assembled approximately 700,000 devices in its first year of operation, contributing to increased access to technology in the region. The factory also created around 300 jobs, highlighting the impact of local manufacturing on employment. This development is part of a broader narrative focusing on connectivity rather than just device specifications, according to Vodacom Group's FY2026 integrated report.

Paymentology has facilitated the launch of Africa's first mobile-money Tap-to-Pay feature in collaboration with Vodacom Tanzania Plc and M-Pesa Africa. This initiative aims to enhance mobile payment options across the continent.

Safaricom's Pochi La Biashara is a mobile money service designed to support small and medium-sized businesses in Kenya. It offers various features, charges, and benefits tailored to entrepreneurs, including those in sectors like retail and transportation. The service aims to streamline cash flow management for users as their businesses expand, addressing common financial challenges faced by business owners, according to Tech-ish.

Kenya's active SIM subscriptions increased by 5.7 million, reaching a total of 84.1 million in early 2026. The surge in subscriptions is analyzed to understand the underlying factors contributing to this growth, according to Tech-ish.

Mogo, a prominent asset financier in East Africa, has reported financing over 500,000 smartphones in the region within 14 months, indicating a significant demand for affordable digital credit and flexible payment options. Notably, Uganda accounts for more than half of these financed smartphones during the same timeframe.