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Investors Avoid Kenyan Fintech Due to M-Pesa Dominance

In the last five years, Kenya has been overlooked by fintech investors, causing it to fall behind Nigeria, Egypt, and South Africa, according to a report by Nigerian market intelligence firm Stears, which specializes in African investments. The report highlights that Kenya only captured 8% of the fintech investments in Africa between 2019 and 2023. […]

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