Envisioning a Week Without M-Pesa.
No Kenyan wants to entertain the thought of the unavailability of Mpesa for a week! Indeed no business too. Unplanned M-pesa downtimes in the past have created inconvenience, business losses, and the inability for many Kenyans to pay for essential bills, i.e., KPLC, and Purchase essential products, i.e., drugs. This is because most Kenyans rely […]
Invest, Grow, Prosper: Nairobi International Financial Centre’s Role in Catalyzing Kenya’s Economic Leap
The Nairobi International Financial Centre (NIFC) presents an unparalleled platform for domestic and international investors in an age where business and investment opportunities are limitless and diverse. Situated in the heart of East Africa, Kenya’s burgeoning economic landscape is full of potential, and at the core of this potential is the NIFC. A Pro-Investment Haven […]
Lessons for Fintech Founders from the 2008 Financial Crisis.
The financial crisis of 2008 brought to light many of the risks and uncertainties inherent in the world of finance. As the fintech industry continues to grow and innovate, founders must keep these lessons in mind and be vigilant and cautious in developing new products and services. One of the key takeaways from the crisis […]
Accelerator vs. Incubator: What’s The Difference?
Incubators and accelerators are regarded as fintech enablers. Do you know the difference? + Africa’s Top 21 Startup Accelerators You Should Know
Integration: Fintech Vs. Conventional Financial Institutions
The fintech industry has been experiencing rapid growth over the past few years. Traditional financial institutions have realized fintech start-ups’ potential in transforming the industry. However, integrating these start-ups into traditional institutions has proven to be a challenge. The most significant barriers to integration are the differences in Technology integration, Management, and culture between the […]
KENYA CREDIT GUARANTEE SCHEME: Highlights for the period Dec 2020 – Jan 31, 2023
Micro, Small, and Medium Enterprises (MSMEs) are crucial to Kenya’s economic growth and employment generation, as emphasized in Vision 2030 and the Third Medium Term Plan (2018-2022). Kenya has over 7.4 million MSMEs, which employ about 14.9 million people in all sectors of the economy and account for approximately 40% of the country’s GDP. MSMEs […]
Small Business Administration (SBA) Loans – Lessons for Kenya’s Credit Guarantee Scheme for MSMEs
The Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist, and protect the interests of small business concerns. One of the ways the SBA assists small businesses is by providing loans. SBA loans are designed to help small business owners who may not be […]