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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…

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Chama connect

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…

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Worldbankkenya

Kenya Refocuses Billions in World Bank Aid on Jobs and Factories

NAIROBI—Kenya is steering billions of dollars in international aid toward a single, urgent national goal: creating jobs. In a major shift, the government is retooling its long-standing partnership with the World Bank to ensure that a massive $5.96 billion portfolio of projects directly fuels employment and builds up the country’s industries. This move follows high-level…

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World coin kenya

Kenya’s Data Watchdog Confirms Complete Erasure of Citizen Biometrics Held by WorldCoin

NAIROBI — In an enforcement of digital privacy rights, Kenya’s data protection authority has confirmed the complete and verified deletion of sensitive biometric information belonging to its citizens, which was collected by the controversial cryptocurrency project WorldCoin. The Office of the Data Protection Commissioner (ODPC) announced that Tools for Humanity, WorldCoin’s parent company, has erased all iris…

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Trending News

AI Revolutionizes Credit Scoring in Kenya: How Digital Lenders Are Redefining Loan Approvals
ChamaConnect: The Blockchain-Powered Future of Chama & SACCO Banking
Kenya Refocuses Billions in World Bank Aid on Jobs and Factories
Kenya Ranks Among Top Investment Destinations in the COMESA Region
How Safaricom MMF (Money Market Fund) Works: Your Simple Guide.