Mama Cherop trades in high quality secondhand clothes, popularly known as “camera,” at Nairobi’s bustling Toy Market. She sources her supplies from a wholesaler at Gikomba market on Saturdays. Usually, she spends about Kshs 10,000 [c]
The African Development Bank (AfDB) and the government of Cabo Verde have signed a €14 million loan agreement to enhance the Cape Verde Technology Park by making it more climate resilient and supportive of enterprise [c]
Pesapal, a payment gateway in Kenya, has partnered with Sokohela, a digital credit provider licensed by the Central Bank of Kenya (CBK), to launch a new credit product for small and medium-sized enterprises (SMEs) in [c]
Vodacom Financial Services has launched VodaLend Cash Advance, a product that gives customers quick and secure access to money when they need it most. VodaLend Cash Advance is the latest product to be added to [c]
Safaricom and premier Shari’ah-compliant bank, Gulf African Bank, have partnered to launch Halal Pesa, a Shari’ah-compliant mobile financing solution. Halal Pesa becomes the first Shariah-compliant mobile and digital financial solution in the country. Customers accessing [c]
Equity Group has acquired a $165 million (Kshs 18.6 billion) loan from the International Finance Corporation (IFC) to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients in [c]
Airtel Tanzania, in partnership with I&M Bank Tanzania, has launched an overdraft mobile money service that will enable customers to complete their transactions seamlessly without sufficient funds in their Airtel Money wallets, subject to terms and [c]
The six-month suspension of listing of loan defaulters announced by the Central Bank of Kenya (CBK) in mid April 2020 has ended. Following the end of the suspension period on September 30, 2020, the CBK [c]
You can now get a cash advance to purchase medication on the MYDAWA platform following a partnership with fintech and financial services firm Umba. The move is meant to reduce the out-of-pocket health expenses brought [c]
Carbon, Nigeria’s foremost digital financial services company, has launched into Kenya. Kenyans will now be able to access instant loans, from Kshs 500 to 50,000, using their National ID number and a selfie, as well [c]
Sendy has entered into a partnership deal with Hino Kenya, the commercial vehicle division of Toyota Kenya, and Tsusho Capital to provide trucks to drivers on loan. This is in a move to enable more [c]
The European Investment Bank (EIB) has signed a loan agreement worth US $40 million (Kshs 4 billion) with Telkom Kenya. Telkom Kenya will use the funds to expand its 3G and 4G coverage throughout Kenya. [c]
OKash, the microlending app developed by OPay, an affiliate of the Opera Group, becomes the first microlending app in Kenya to implement a built-in face recognition system, providing users with an extra layer of security when [c]
Barclays Bank of Kenya is partnering with Uber to offer 100% vehicle loan financing to Uber drivers that have used the taxi hailing app for at least six months. The financing arrangement comes as part [c]
The partnership between mobile operator Safaricom and Kenya Commercial Bank (KCB), which has seen the two institutions launch the KCB-MPesa account service, seems to be paying off and benefiting not the two partners but their [c]
Copyright 2024 | aptantech