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1 revisions for "One License, Two Markets: Kenya and Rwanda's Fintech Passporting Deal Could Reshape African Finance"

Kenya and Rwanda's central banks signed a landmark Memorandum of Understanding on March 11, 2026, to create a fintech license passporting framework that would allow payment service providers licensed in one country to operate in the other without full relicensing. Building on Rwanda's earlier passporting deal with Ghana, the agreement represents a concrete step toward dismantling the regulatory fragmentation that has long hampered cross-border fintech expansion across Africa's 54 separate jurisdictions.