Collins Ogutu
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Corporate
Absa Bank and Old Mutual Launch ‘Linda Biz’ to Protect SME Assets in Kenya
On Wednesday, Absa Bank and Old Mutual announced the launch of ‘Linda Biz,’ an innovative insurance solution designed to provide…
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Corporate
Tala Eyes Other African Markets as It Marks 10th Anniversary [VIDEO]
Tala Kenya has announced plans to expand to the rest of East African regions as it seeks to grow its…
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Credit Score
IFC’s Fintech Fund to Work with Metropol for Africa’s Creative Economy
The International Finance Corporation (IFC) is spearheading the development of a high-tech/fintech fund dedicated to nurturing the African creative economy.…
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Agriculture
Kenya’s Agriculture Sector Rebounds 7% in 2023
Kenya’s agriculture sector experienced a 7.0% growth due to favorable weather conditions supported by an increase in both production and…
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East Africa
Kenya Sees Increased Lending to Private Sector at 13.9% Despite Hiked Rates
Kenya’s commercial banks saw a notable increase in credit to the private sector, which grew by 13.9% to reach Ksh..4,078.1…
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Kenya
Reasons Why IMF Has Slashed Kenya’s Funding Program to $976 Million
Kenya’s International Monetary Fund (IMF) program has on Tuesday been reduced in size after the partial refinancing of a $2.0…
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Corporate
AfDB Wants Additional $25 Billion for Development
Africa Development Bank (AfDB) wants an additional $25 billion for the Africa Development Fund to avert a “lost decade” and…
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Markets
Kenya’s Private Sector Sees Robust Growth in May
Kenya’s private sector witnessed robust growth in May, according to the Purchasing Manager Index (PMI) released by Stanbic Bank Kenya.…
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East Africa
World Bank Maintains Kenya’s Growth Projection at 5% in 2024
The World Bank has maintained its growth projection for Kenya’s economy in 2024 at 5.2%, consistent with its earlier estimates…
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East Africa
Kigali to House Pan-Africa Youth Bank in Deal with AfDB
The African Development Bank (AfDB) and the Government of Rwanda have announced plans to establish a Pan-African Youth Bank in…
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