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DON'T MISS

Feature

Insurers launch RetireMed, a post-retirement medical insurance cover

Staff Writer - November 4, 2020

Sanlam Life and Minet Kenya have launched an innovative post-retirement insurance product dubbed RetireMed, which is designed to assist Kenyans to save for their...

Del Monte introduces electric buses for staff transport

February 10, 2025

Nyambura Kinyori: How I Built a Thriving Photo Booth Business

May 7, 2019

“Global Wave of Momentum: Africa Early Stage Investor Summit (AESIS2023) Local...

August 24, 2023

Fez Delivery, a techstars-backed logistics startup announces Seed raise of $1...

April 5, 2023

LIFESTYLE NEWS

News

A NEW LAYER OF PRIVACY FIVE YEARS IN THE MAKING

Staff Writer - January 31, 2026

A new front line for privacy to keep your moments truly yours Our phones are our most personal space,...

Jambojet Awarded for Most Compelling Story at The Aviation Challenge in...

January 31, 2026

Zaria Court Kigali Now Open as Part of Tapestry Collection by...

January 13, 2026

TECNO Brings Immersive Fan Experience to Africa Cup of Nations (AFCON)...

January 12, 2026

Hilton Expands Full-Service Portfolio Across Africa with Three New DoubleTree by...

December 18, 2025

Financial infrastructure firm, Tala, has launched a tokenized lending platform to cater to borrowers without a banking history in the world. It plans to deploy $50 million credit facility via the platform in USDC to power blockchain-enabled, permission-less lending for millions of global customers. The Artificial Intelligence (AI) underwritten consumer lending tool, in partnership with Huma Finance, is the first of its kind in Kenya and is powered by Solana and supported by USDC liquidity facilitated by the Huma Protocol For billions of consumers who lack access to traditional banking services and credit history systems, tokenized lending offers faster and more reliable access to credit, better rates through a global capital network, and a portable, digital reputation that enables broader participation in the global economy. Tala’s existing customer base of nearly 13 million across multiple emerging markets creates immediate scale for blockchain adoption. "After a decade operating across multiple emerging markets, we know how to translate frontier technologies into real-world financial power," said Shivani Siroya, founder and CEO, Tala. "By pairing Tala’s trusted platform with the power of blockchain technology, together with Huma and Solana, we can expand financial access, eliminate systemic inefficiencies, and help millions become active participants in the global digital economy.” The solution is powered by Tala’s proprietary credit engine, which has been trained on $7 billion in lending performance data across multiple continents. That dataset—largely invisible to banks and most AI systems—gives Tala the ability to evaluate borrowers who have historically been overlooked by the global financial system. By tokenizing these loans in an overcollateralized lending facility and connecting them to Huma’s liquidity pools, Tala unlocks a new funding mechanism for emerging market credit, bringing global capital directly to high-demand markets transparently and efficiently. Speaking during the launch, Erbil Karaman, Co-Founder of Huma Finance, said that Tala’s team has over a decade of experience in scaling high-performance lending programmes while providing financial access to tens of millions of people who need it the most.

Tala launches crypto lending platform

December 16, 2025

HOUSE DESIGN

News

Solarcentury brings solar power to 40,000 Eritreans

Meet Teresia, a resilient woman from Kiamuringa village in Gachoka location, Embu County who has defied adversity to secure a brighter future for her family. With five children to care for, Teresia took on the role of the family's sole provider, juggling various income streams from poultry and miraa farming to brick manufacturing. Her determination knew no bounds as she aspired to become a landlady in her community. In Kiamuringa, a semi-arid region, clean water was once a distant dream. Villagers had to trek two kilometers in search of boreholes, which often ran dry. To ensure her children's access to water, Teresia's young ones would wake up at 4 am daily to avoid the long queues, forcing Teresia's children to rise before dawn, braving long queues, their education hanging by a thread. Moreover, the exposed boreholes posed health risks due to waterborne diseases. Frustrated by this situation, Teresia turned to BIMAS microfinance. She had been a loyal member for years, securing loans to nurture her miraa, poultry, and brick businesses. She recognized that hens, miraa, and brickmaking all demanded copious amounts of water for success. In January 2021, a ray of hope emerged as Teresia learnt that BIMAS was offering financing for water tanks to its customers. She seized this opportunity and secured a Ksh 27,000 loan to purchase and install a 4,000-liter water tank in her home. Additionally, BIMAS assisted her in acquiring a water pump worth Ksh 50,000. These investments proved to be game-changers, allowing her to operate her businesses seamlessly even during dry seasons. Today, Teresia's life has undergone an admirable transformation. She is not only a content mother but also a generous neighbor who shares her reservoir's abundance with the community. Her children's education has significantly improved as they can now focus on their studies without the burden of water-fetching. Furthermore, access to clean water has enhanced their health and overall well-being. Teresia's entrepreneurial spirit has thrived with BIMAS's support, leading to the establishment of a rental business on her property. Her success story is a proof to how access to clean water can unlock opportunities and improve lives. With a radiant smile, she expresses her gratitude, saying, "BIMAS has brought joy into my life, and I am delighted to see my neighbors benefit as well. I eagerly look forward to securing financing for another 6,000-liter water tank for my rental premises." Teresia's journey to water prosperity is an inspiration to us all.

News

Bimas Microfinance Impact Stories: GIVING BRIGHT FUTURES TODAY

Feature

Vivo Y53s launches in Kenya

TECH AND GADGETS

Lifestyle

Teaching someone to fish: the false dichotomy of relief and development

Staff Writer - October 27, 2022

By Professor Mark Shrime, Mercy Ships International Chief Medical Officer (www.MercyShips.Africa). You know that phrase, “Give a man a fish, you feed him for a...

Ecobank: ‘Planting today. Protecting tomorrow’ Ecobank supports World Environment Day

June 5, 2018

Online Content; the unexploited gold mine

November 1, 2019

Rugby: Kenya win Rugby Africa Women Sevens

May 28, 2018

Primed for Growth

May 7, 2019

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MAKE IT MODERN

News

Marriott International Announces Plans to Debut First Autograph Collection Safari Camp...

Feature

Samsung Galaxy S20 FE Receives Nomination For Best Phone Of...

Main Story

Arsenal and WorldRemit launch “Future Stars”, an exclusive Premier League Club...

Main Story

Launch of the 2022 Kenyan Banking Sector Total Tax Contribution study...

LATEST REVIEWS

Lifestyle

Coronavirus – Africa: COVID-19 update

Staff Writer - April 27, 2020

Over 30,000 #COVID19 cases reported on the African continent - with over 9,000 associated recoveries & 1,300 deaths recorded. View country figures & more...

Pan-African Bank Ecobank Wins Best Digital Strategy Award

May 17, 2018

Safaricom awards the sixth apartment winner in the M-PESA TU promotion

August 20, 2018

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PERFORMANCE TRAINING

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HOLIDAY RECIPES

Ten Kenyan Girls’ Teams Shortlisted in Global Technovation Challenge Semifinals

Special Correspondent - June 11, 2018

Executive Corner

The challenge encourages young women to pursue Science, Technology, Engineering and Mathematics Ten Kenyan girls’ teams have been shortlisted for the 2018 Global Technovation...

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