Kenya and Singapore agree to partner in developing digital infrastructure


The Central Bank of Kenya and the Central Bank of Singapore have signed an agreement to promote digital infrastructure development in Kenya. Singapore will assist Kenya to establish basic digital infrastructure such as identity and Know-you-customer utility based on shared standards. The agreement was signed by CBK Governor Dr. Patrick Njoroge and the managing director at Monetary Authority of Singapore Mr. Ravi Menon during the recently concluded Afro-Asia Fintech Festival.

source: Kenyan Wall Street

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