Unlocking Investment Opportunities: Standard Chartered Bank Kenya’s Offshore Unit Trust Funds
Standard Chartered Bank Kenya has introduced an exciting opportunity for Kenyan investors to explore offshore…
How One Africanenda, a Digital Payment Startup is Connecting Africa’s Fragmented Economies
Nairobi, Kenya – Africanenda, the Kenyan-born fintech disruptor, is executing an unprecedented cross-border payments expansion that could redefine commerce across the continent. Fresh off a 23 million Series funding round, the company is deploying its interoperable payment gateway in five new African markets– Nigeria, Egypt, South Africa, Senegal, and DR Congo – representing a combined 1.3 trillion…
Kenya’s Residential Housing Insights: Unpacking the Boom’s Drivers, Risks and Smart Strategies
Kenya’s residential real estate sector is experiencing its most dramatic transformation in a decade, with prices in prime Nairobi neighborhoods now rivaling African capitals like Lagos and Cairo. But this boom reveals a tale of two markets – one fueled by genuine demand and another by speculative frenzy. Drawing on exclusive data from the Kenya…
AI Revolutionizes Credit Scoring in Kenya: How Digital Lenders Are Redefining Loan Approvals
Kenya’s digital lending space is undergoing a seismic shift as artificial intelligence (AI) transforms traditional credit scoring models. With over 50 digital lenders now using AI-powered algorithms, the rules of borrowing are changing dramatically. But how exactly are these systems making lending decisions, what data are they using, and crucially – are they fair to…
Trump Imposes 10% Tariff on Kenyan Goods: What It Means for Trade and Economy
U.S. President Donald Trump has imposed a 10% tariff on Kenyan aluminum and steel products. This decision, part of broader protectionist measures, threatens to disrupt one of Kenya’s most valuable trade relationships. But why has Kenya been targeted, which industries will be hardest hit, and how might the East African nation respond? This article breaks…
Central Bank of Kenya to Propose New Loan Pricing Model in April 2025: What Borrowers Need to Know
Central Bank of Kenya (CBK) prepares to unveil a new loan pricing model in April 2025. This highly anticipated move comes amid growing concerns about high borrowing costs and lack of transparency in how banks determine interest rates. But what exactly will this new model entail, and how will it affect millions of Kenyan borrowers?…
ChamaConnect: The Blockchain-Powered Future of Chama & SACCO Banking
Say Goodbye to Manual Record-Keeping—Hello to Smart, Secure, & Automated Finance! In Kenya and across Africa, Chamas, SACCOs, and merry-go-round groups have long been the backbone of community savings and financial empowerment. But despite their importance, many still struggle with manual bookkeeping, lost records, loan disputes, and transparency issues—problems that can erode trust and slow…
Bybit and AltSchool Africa Join Forces To Empower African Tech Talent: Empowering Africa’s Next Tech Titans!
Global cryptocurrency exchange Bybit has partnered with AltSchool Africa, a leading tech education platform, to launch a blockchain and web3-focused training program. This collaboration aims to equip African students with the skills needed to thrive in the rapidly evolving blockchain and cryptocurrency sectors. But what does this partnership mean for Africa’s tech ecosystem, and how…
Chama Connect: Revolutionizing Group Savings and Investments in Kenya
One unique thing about Kenya is that group savings and investment clubs, commonly known as chamas, are deeply ingrained in our culture. Chama Connect, game-changing innovative platform is transforming how chamas operate, offering digital tools to streamline management, enhance transparency, and maximize returns. But what exactly is Chama Connect, and how is it reshaping the…
