Banking regulations...in Kenya?

11.10.2011

Most African nations have some way to go before they can dream of inclusion in a snazzy acronym. But at least in Kenya, modern Western tech concepts like data centers and disaster recovery plans have made their appearance. It remains to be seen which African countries are capable of elevating themselves towards the level of South Africa (which despite high rates of violent crime, remains the benchmark for business on the continent). Perhaps Asian nations like Cambodia, Laos and Myanmar are better bets for the early-adopter crowd. But when banks in Kenya are investing in infrastructure to maintain compliance, it's a sign that the world as we used to imagine it is morphing yet again.