Why are Kenya’s financial institutions reluctant to embrace Cloud Computing?
Uncover the evolution of cloud computing from its early concepts to its current forms, emphasizing its benefits for financial institutions. Despite the advantages, challenges such as security, compliance, and data sovereignty persist. The article delves into the unique landscape of cloud computing in Kenya and South Africa, spotlighting key players and identifying factors influencing adoption. Discover the strategies cloud service providers can employ to encourage increased adoption in the evolving African tech landscape.
State agencies must embrace Sharia-compliant loans
Kenya’s diverse landscape encompasses a vibrant Muslim community, constituting a significant portion of the population. This article advocates for the introduction of Sharia-compliant Islamic finance loan facilities within government lending agencies to cater to the unique financial needs of this community. Embracing diversity and ethical financial principles, Kenya can set a progressive example for inclusive financial empowerment.