A report from Standard Bank shows that while roads, ports, and power are improving across Africa, the gap between big economic numbers and what businesses actually experience on the ground remains a real problem. We’ve been going through the latest Africa Trade Barometer from Standard Bank, and there’s a lot to unpack. The report covers…
The two central banks have signed a deal that could finally cut through the red tape holding back cross-border payments in East Africa. If you’ve ever tried to send money from Nairobi to Kigali, or tried to build a fintech startup that serves both countries, you already know the problem. The rules are different. The…
In today’s fast-changing economy, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of many developing nations, including Kenya. They provide employment, stimulate innovation, and drive local economies. However, scaling up remains a challenge for many MSMEs due to financial constraints, limited access to markets, and operational inefficiencies. One solution gaining traction is digital payment…
Kenya’s move to accrual-based accounting is a significant step toward improving financial transparency and governance. This shift represents a modern approach to public financial management, where transactions are recorded when they occur rather than when cash is exchanged. The move offers Kenya several benefits, including better financial reporting and enhanced decision-making processes. However, as with…
