Kenyan Banks Push MSME Lending to KSh424.7 Billion as Credit Costs Fall

Kenya’s banking sector is stepping up financing for small businesses, with new MSME loans rising 30% in the first nine…

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CBK Extends Lending Oversight To Non-deposit-Taking Credit Providers

The transition will require careful review of licensing obligations, repayment systems, pricing disclosures, governance structures and debt recovery procedures before…

Kenya, South Africa in Focus as Zvilo Targets $2.3 Billion in SME Financing

The company is targeting partnerships with major listed businesses, including retailers, banks, insurers and mining companies, to finance suppliers within…

Glovo Keeps KSh10 Billion ($77 Million) Kenya Pledge as Uber Takeover Awaits Regulators

Glovo's pledge to invest Sh10 billion ($77 million) in Kenya by 2030 still stands while Uber Technologies' takeover of its…

Ruto Breaks Ground on KSh70 Billion Devki Cement Plant in Kitui

President William Ruto has broken ground on a KSh70 billion cement and clinker manufacturing plant in Ngaaie, Mwingi North, Kitui…

Egypt Warns Against Four Telegram Groups Over Illegal Investment Solicitations

For investors, the warning reinforces the importance of verifying whether an investment provider is authorised before transferring money, particularly when…

[VIDEO] China’s Zero-Tariff Policy Opens New Market for Kenya’s $630 Million Flower Industry

Kenya is looking to deepen its flower trade with China as duty-free access creates an opportunity to diversify export markets…