Africa’s is booming with an increased number of fintechs
According to the International Monetary Fund, the continent's informal economy is conducive to startups with a pool of unbanked and underbanked population...
Tag : Kenya
IMF lends $739 mn to Kenya; foreign reserve rises 9%
The country's usable foreign exchange reserves increased to $8,532 mn as of May 14...
Okolea International restructures loans for 40,000 clients
Clients can receive up to Sh1 mn loans instantly into their banks accounts using the app...
Equity Bank launches Sh200 bn to support small firms in Kenya
The launch is a collaboration between Equity Bank and Kenya National Chamber of Commerce and Industry...
Kenya issues Sh50 bn bond to provide further support
Even the IMF approved $1.23 bn of emergency funding for Kenya and Uganda...
Kenyan healthtech Tibu to decentralise primary outpatient care
The startup connects its customers to healthcare workers in real-time...
Kenya real estate sector to drop 10% as the pandemic continues
The country's real estate sector has recorded slow growth in the first quarter of 2020...
CMA warns investors in Kenya to avoid investing through unlicenced firms
Cytonn Asset Management is the only licenced firm to function as a fund manager and a Real Estate Investment Trust (REIT) manager...
Telkom sees 50% increase in customer data consumption
Telkom's increase in data consumption is more prominent in residential areas...
Nyandarua County reconnects water supply for residents
More than 15,000 Nyandarua residents were benefitted after the government cleared Sh1.5 mn water bills...