Barclays Bank of Kenya has launched a new mobile loans service dubbed Timiza, increasing the competition in the lucrative micro lending segment.
Timiza is entering a crowded field of commercial bank-backed lending apps such as M-Shwari, Equitel, M-Co-op Cash, and KCB M-Pesa.
The lender said customers can access micro loans of between Sh100 and Sh150,000 from the platform at interest rates...
Applications Open to Find Africa’s Most Innovative
Start-ups Meeting the Greatest Financial Inclusion Challenges
The Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), in collaboration with the Mastercard Foundation, today announced the launch of the 2018 edition of the Zambezi Prize for Innovation in Financial Inclusion. The prestigious competition, awarding a total of $200,000 in prizes,...
Cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2022
Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. According to a 2017 DHL (www.dpDHL.com) report, cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015...
The reviews are expected to be completed by September 2018
WASHINGTON D.C., United States of America, March 15, 2018/ -- On March 12, 2018, the Executive Board of the International Monetary Fund approved Kenyan authorities’ request for a 6-month extension of the country’s Stand-By Arrangement to allow additional time to complete the outstanding reviews. The reviews are expected to be...
Ogilvy Africa, Africa’s premier integrated communications agency continues to deliver exemplary work, as showcased at the Dubai Lynx International Festival of Creativity 2018.
After scooping more than 80 awards in various ceremonies in 2017, the agency continued with the winning streak by scooping two top awards at the festival that is the Middle East and North Africa region's biggest celebration of creative...
Over 1,000 delegates convened in Nairobi for the 2-Day Sankalp Africa Summit aimed at forging alliances for a sustainable and inclusive Africa 2030
The recently concluded 5th Edition of the SANKALP Africa Summit positively engaged over 1,000 different stakeholders from across the Impact Investing Ecosystem, and deliberated on strategies for building partnerships and collaborations to drive the sustainability and inclusion...
The Guinness Fanzone is back! Kenya’s leading stout beer is bringing Meru football lovers the ultimate viewing experience on Saturday 17th March 2018.
This follows a successful Fanzone held in Nairobi on the 16th of December 2017 that gave consumers a chance to interact with the brand and meet the legendary footballer Thierry Henry as they watched a football match between Arsenal...
East African Breweries Limited (EABL) and Actis, a leading growth markets investor, have announced the signature of a long-term deal with Garden City Business Park (GCBP) that will see EABL take up a considerable amount of Grade A office space at the integrated development complex.
The deal signing was done ahead of the official ground-breaking of GCBP adjacent to the...
Far flung communities can now light a bulb, thanks to solar kiosk e-hubbs
By Amos Wachira
One in seven people in the world have no access to electricity to help them cook, keep food fresh and learn, according to figures from the International Energy Agency.
Nowhere else in the world is access to electricity a bigger challenge than it is in sub-Saharan...
Beryl Munyui discovers her artistic talent and reaps big on creativity
Passion is one of the most effective motivators when it comes to launching a business. Finding your passion is sometimes about finding your place. Such is the case for a veterinary doctor who quit her job to pursue the business of interior and exterior décor.
“Despite having trained as a...
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