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….
IMF Sounds Alarm on Stablecoin Volatility: New Data Reveals $14.8B “Hot Money” Crisis in Emerging Markets Washington, D.C. – An IMF working paper has exposed an underbelly of stablecoin adoption, revealing how $14.8 billion in volatile digital dollar flows are destabilizing emerging markets—with African economies bearing the brunt of the turbulence. The July 2025 study, based…
Johannesburg, South Africa – South Africa’s leading financial institutions have initiated a large-scale rationalization of their ATM networks as digital payment adoption reaches record levels, according to operational plans filed with the South African Reserve Bank (SARB). The coordinated three-year reduction strategy will see 4,200 ATMs (38% of the national fleet) decommissioned by 2027, fundamentally reshaping…
On July 31, 2024, the Nairobi Securities Exchange (NSE) saw a landmark event—the formal listing of the Linzi Sukuk bond. This event, attended by President William Ruto, marked the introduction of the first Islamic and Sharia-compliant financial asset on the bourse. This significant step reflects the commitment to diversifying investment options in Kenya’s financial market….
Here are top 10 personal loans offered by Kenyan banks with the lowest interest rates. Personal loans can be a real lifesaver when unexpected expenses pop up or when you need quick cash for various purposes like organizing events or urgent trips. It’s crucial to find the best rates to avoid hefty interest charges, so…
