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Listers,

As Central Banks explore possibilities of rolling out 'Central Bank Digitial Currency" - CBDC, Kenya is not being left out with an aim of meeting its future payments needs in a digital economy. 

As a result, the Central Bank of Kenya has developed a discussion paper centre on:

  1.  Kenya’s Payments Landscape
  2. CBDC: Opportunities and Risks   
  3. Overview of Other Jurisdictions’ CBDC Projects and
  4.   Applicability of CBDC in Kenya  

  "It is quite apparent that CBDCs are receiving more attention than ever before. However, a key point to note is that despite the traction in attention, the motivations for the issuance of CBDCs vary across countries, as do the policy approaches and technical designs. Further, CBDC design and the potential benefits of a Kenyan CBDC remain unclear, similar to many jurisdictions across the world. Issuing a CBDC could also pose considerable risks." CBK at it Conclusion. Find a link to the paper 
https://www.centralbank.go.ke/uploads/discussion_papers/CentralBankDigitalCurrency.pdf 

This leads us to "Towards an Inclusive and Sustainable Fintech Ecosystem in Kenya" which looked at the current outlook, challenges and policy options for the Fintech Sector in Kenya.

https://www.kictanet.or.ke/mdocs-posts/towards-an-inclusive-and-sustainable-fintech-ecosystem-in-kenya/ 

Adios!! 

Kind Regards,

David Indeje 
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+254 (0) 711 385 945 |  +254 (0) 734 024 856