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…
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…
The cryptocurrency exchange Luno has partnered with the online learning platform AltSchool Africa and together, they are launching Africa’s largest crypto education program, aiming to provide free, high-quality training to 15,000 Nigerians. The initiative, called “Demystifying Crypto for Africans,” is a direct response to the rapid growth of digital finance on the continent. With about one-third of Nigerians already interacting with digital…
Struggles of the Modern Chama Picture this scenario, The last Saturday of the month. A group of twelve women—nurses, teachers, small business owners—crowd into a member’s living room in Kawangware. Notebooks sprawl across the coffee table. A worn ledger passes from hand to hand. Cash changes hands, but the tension is palpable. Sarah forgot her…
Think about the last time you sent money on M-Pesa. That simple act—tapping your screen, entering a PIN, hitting send—felt routine, right? What you didn’t see was the quiet revolution happening in the background. A digital guardian, learning and adapting in real-time, ensuring that your money moved not just quickly, but safely. This is the…
