Business

Digital Lenders Emerge as Key Source of Credit for Kenyan Farmers

Digital Lenders Emerge as Key Source of Credit for Kenyan Farmers

Digital lenders are emerging as a major source of financing for Kenyan farmers, signalling a shifting borrowing patterns between different…
Kenya Offered 10% Stake in $20 Billion Dangote Refinery 

Kenya Offered 10% Stake in $20 Billion Dangote Refinery 

Aliko Dangote, is set to break ground in September on a proposed Ksh.2.59 trillion ($20 billion) refinery and petrochemical complex…
Kenyans to Buy Vehicles at Simba Corp After Ksh.100 Billion Deal With Absa

Kenyans to Buy Vehicles at Simba Corp After Ksh.100 Billion Deal With Absa

Simba Corporation Limited has signed a memorandum of understanding with Absa Bank Kenya to expand access to asset financing for…
Absa Group Stake in Kenyan Subsidiary up 71.99% to 189 Million Shares

Absa Group Stake in Kenyan Subsidiary up 71.99% to 189 Million Shares

Absa Group has acquired 189.38 million Absa Bank Kenya shares, equivalent to a 3.49% stake, after only 2,045 of the…
UAE’s Payit Rolls Out Send Now, Pay Later for Africa on Buoyed Remittances

UAE’s Payit Rolls Out Send Now, Pay Later for Africa on Buoyed Remittances

First Abu Dhabi Bank’s digital platform Payit has launched Send Now Pay Later (SNPL) for African market, against the backdrop…
Equity Group H1 2026 Profit up 32% to Ksh.45.5 Billion

Equity Group H1 2026 Profit up 32% to Ksh.45.5 Billion

Equity Group Holdings has reported a 32 percent rise in net earnings for the first six months of the year,…
Absa Bank Kenya’s Bad Loans Down 17.8% as Loan Book Hits Record Ksh.329.87 Billion

Absa Bank Kenya’s Bad Loans Down 17.8% as Loan Book Hits Record Ksh.329.87 Billion

Absa Bank Kenya PLC in its H1 financials saw an improvement in the asset quality, when gross non-performing loans fell…
If Aid Has a Future, it Must Begin with Listening to the Grassroots

If Aid Has a Future, it Must Begin with Listening to the Grassroots

It seems the sky is falling on the aid system and umbrellas are few and far between. A simple Google…
Egypt and U.S. Open Talks on Major Investment Opportunities

Egypt and U.S. Open Talks on Major Investment Opportunities

Egypt and the United States are holding talks in Cairo for potential investment, and key areas of discussion are on…
Heifer, KCB and Mastercard Partner to Bring 30,000 Dairy Farmers Into Formal Financial Systems

Heifer, KCB and Mastercard Partner to Bring 30,000 Dairy Farmers Into Formal Financial Systems

Heifer International, KCB Bank and Mastercard have rolled out a nine month pilot project aimed at digitising payments and transaction…
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