IFC, a member of the World Bank Group, today announced a $50 million loan to Equity Bank Kenya to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients, especially those facing COVID-19...
Safaricom has partnered with AYUDH Kenya, an international youth movement dedicated to empowering young people to contribute to a peaceful and sustainable world, to distribute white canes worth over KES 30 million to 20,000 blind and visually impaired persons...
In an effort to accelerate digitization, regional low-cost carrier Jambojet has introduced a Progressive Web App (PWA) that will allow customers to book tickets, check-in, and access their boarding pass on their smartphones.
Jambojet Head of Information Systems Benjamin Collins...
Onde, a tech company powering over 200 ride-hailing companies in 70 countries, announces an online edition of Ride.Right.Now - a conference for ride-hailing entrepreneurs. This year’s topic is Hack the Crisis: Business Tips for Post-covid Era. The online event...
More than three-quarters of polled Africans report income falls on COVID-19 Informal and low-income earners hit hardest as unemployment surges in Ivory Coast, Kenya, Mozambique, Nigeria, and South Africa
A five-nation survey by GeoPoll in Sub-Saharan Africa has found...
The Cherie Blair Foundation for Women and DHL Express have launched HerVenture, a business skills training mobile app for women entrepreneurs, in Kenya. The application was launched with an exclusive virtual launch event that was attended by Cherie Blair...
Global Credit Ratings (GCR), a Johannesburg based agency, has affirmed Kenya Re’s national scale financial strength rating of AA+(KE), with the outlook accorded as stable. Global Credit Ratings (GCR) has attributed the credit ratings to Kenya Reinsurance Corporation Limited...
Open Banking is a global FinTech trend that is revolutionizing the financial services landscape across the world by enabling banks to acquire the skills and tools required to build their own ecosystem through the Open Banking infrastructure.
African banks are...
Darling, Africa’s leading hair extensions manufacturer, has launched the “#SalonTukoSet” program aimed at supporting Kenya’s 25 billion-shillings hair industry meet the newly published guidelines for business operations.
Last month the Ministry of Industrialization, Trade and Enterprise Development issued a...
Consumers shrinking wallets have sparked drastic shifts in spending, purchasing habits, and routines as they try to cope with the harsh economic effects of COVID 19, a new report by marketing agency SCANAD shows.
Dubbed ‘Understanding the New Normal Consumer’,...
