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M-KOPA Reaches 5 Million Customers Milestone, Expands Financial Inclusion Across Africa.

M-KOPA smartphone financing company operating in Africa, has reached a significant milestone of five…
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Kenya’s COTU Endorses Social Health Authority, Advocates for Worker Enrollment.

The Central Organization of Trade Unions (COTU) in Kenya has urged workers across the country to ful…
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Kenya Revenue Authority Reduces VAT Refund Processing Time by 2 Months.

Kenya Revenue Authority (KRA) has cut the time it takes to process Value Added Tax (VAT) refunds by …
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Safaricom Expands Financial Literacy Training to Migori Businesses.

Safaricom’s ongoing 'Shine Kenya, Shinda Mamilii Kama Bingwa' initiative has reached Migori County, …
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Kenya Set to Transition to New Social Health Insurance Fund (SHIF) by October 2024.

The Government of Kenya has announced the transition from the National Health Insurance Fund (NHIF) …
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Nigerian Fintech Risevest Acquires Kenyan Investment Platform Hisa.

Nigerian fintech startup Risevest has completed the acquisition of Kenyan investment platform Hisa, …
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Kenya’s Startups Continues to Thrive in 2024: $426 Million Raised in Top 20 Funding Rounds.

Kenya’s startup ecosystem has continued to showcase its resilience and growth in 2024, raising a sig…
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SEBI Study Reveals 54% of IPO Shares are Sold by Investors Within One Week of Listing.

A recent study by the Securities and Exchange Board of India (SEBI) reveals that over half of the sh…
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CAK Approves 51% Acquisition of Monarch Insurance by Investment Consortium.

The Competition Authority of Kenya (CAK) has approved the acquisition of a 51% stake in Monarch Insu…
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Kenyan Commercial Banks Adjust Lending Rates as Economic Pressures Persist.

Kenyan commercial banks have adjusted their weighted average lending rates across various loan categ…
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