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…
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…
Introduction to REITs Real estate investment trusts (REITs) offer an exciting opportunity for Kenyan investors looking to diversify their portfolios. By pooling funds from multiple investors to purchase, manage, or finance income-generating real estate, REITs allow individuals to invest in large-scale properties without directly buying or managing them. In a country where real estate remains…
The restless energy pulsing through Kenya’s economic landscape, the sound of small and medium enterprises (SMEs)—the kiosks, the tech startups, the agribusinesses, the fabricators—straining at the leash. They are the undeniable engine of this nation, contributing a massive chunk of GDP and employment. Yet, for decades, they have faced a silent, systemic barrier: the capital gap….
Nairobi, Kenya – Kenya’s public debt stock decreased by KSh 41 billion in the first quarter of 2025, marking the first significant debt reduction in three years, driven primarily by the shilling’s sustained appreciation against major international currencies. According to the latest National Treasury report, the shilling’s 14% gain against the US dollar and 12% gain…
