Kenya Transport Strike Over Fuel Prices, Regional Fintech Developments

According to TechCabal, Kenya's commercial drivers began nationwide strike Monday over rising fuel prices, leaving commuters stranded and some schools closed. The strike follows Energy and Petroleum Regulatory Authority's May increase of KES 16.65 per petrol and KES 46.29 per diesel, citing soaring international prices. With Kenya importing nearly all petroleum products, the country is feeling ripple effects of rising geopolitical tensions in the Middle East. Transport operators nationwide - including ride-hailing drivers, public transport operators, truckers, and motorcycle riders - demand government intervention before fully resuming services. No clear timeline exists for how long the strike will last. Meanwhile, in fintech developments, Nigerian payment company Fincra officially secured Ghana's Enhanced Payment Service Provider licence, authorizing direct collection and processing of payments in Ghanaian Cedis. Separately, Egypt's Fawry filed for cross-border remittance licence to tap into the country's $41.5 billion remittance market - potentially becoming the first non-bank institution to plug directly into Egypt's expat pipeline. How would your daily commute and business operations be affected if Nigerian transport unions staged similar protest over fuel prices?

SOURCE: https://techcabal.com/2026/05/19/techcabal-daily-kenya-has-a-new-tax-chief/