Nakuru Governor Susan Kihika has launched the Affordable Boda Boda Programme, which allows riders to acquire motorbikes with initial deposits starting at KSh 10,000. The program is set to begin in September, aiming to support boda boda riders in accessing affordable transportation options.

Ride-hailing platform Bolt is marking 10 years of operations in Kenya, during which it says it has invested more than KSh19 billion in the local market. According to The Kenya Times, the company has connected over 8 million riders and created income opportunities for more than 170,000 drivers and couriers. Bolt stated that Kenya was not a market it entered lightly, highlighting the country's importance to its regional operations after a decade of activity.

M-KOPA Uganda has unlocked over Shs1 trillion in cumulative credit for more than one million customers since its inception in 2013. This milestone highlights the company's efforts to enhance access to smartphones and digital financial services for Ugandans who are typically excluded from traditional banking systems. The announcement also includes the launch of new upgrade benefits for customers.

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.

Kenya has solidified its status as a leading digital financial market, bolstered by widespread mobile money adoption and a growing cashless payment ecosystem. The mobile merchant payments sector has seen consistent growth, primarily fueled by Safaricom's Lipa na M-Pesa platform, which has significantly enhanced mobile retail transaction volumes.

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.