Kenya's Central Bank Licenses 25 More Digital Lenders, Bringing Total to 252

Kenya's Central Bank has approved an additional 25 digital credit providers, bringing the total number of regulated digital lenders in the country to 252. Visa data released alongside the licensing news confirms that digital lenders are materially reshaping Kenya's credit market, while a separate industry report flags that an unresolved KRA tax dispute continues to cloud the investment outlook for the sector.