Kenya moves to cement its position in Africa’s digital economy with a Solana-based token empowering youth innovation.
Kenya has announced plans to launch the Kenya Digital Token (KDT), a national cryptocurrency built on the Solana blockchain, aimed at giving young people greater access to opportunities in learning, trading, and investment.
Former Prime Minister Raila Odinga unveiled the initiative in a video statement, calling it a transformative step to strengthen Kenya’s financial system and position the country as a leader in Africa’s digital economy. He described the token as a tool to boost innovation, entrepreneurship, and wealth creation in the country’s fast-growing digital sector.
The Ministry of Information, Communications, and the Digital Economy (MICDE) has also endorsed the project. ICT Cabinet Secretary William Kabogo clarified that while the token is a private-sector initiative, it aligns with Kenya’s broader digital transformation agenda. He noted that the choice of Solana — for its scalability and low transaction fees — fits into Kenya’s policy push to improve bandwidth and reduce latency for global digital participation.
Details on the token’s launch date and specific use cases are yet to be disclosed. However, observers see the rollout as part of Kenya’s legacy as a digital finance pioneer, following the global success of mobile money platform M-Pesa.
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