All News and Announcements

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News

Kenya and Tanzania Launch Project to Boost Financial Inclusion

Kenya and Tanzania on Friday launched a project in partnership with the African Confederation of Cooperative Savings and Credit Associations to boost financial inclusion in the two countries.

News

South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises

Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.

News

Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.

News

Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico

Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.

News

Exness Expands Its Fintech Scholarships Program to Kenya

Multi-asset broker Exness announces extending its Fintech Scholarships program to Kenya in partnership with the United States International University aiming to support outstanding university students.

News

Faulu Bank Announces KSH 1.5B Credit Line for Farmers

Faulu Microfinance Bank has committed KSH 1.5 billion (≈ $11.424.219,30) to enable farmers in 47 counties in Kenya to purchase farm and animal inputs.

News

DTB and Mastercard Join Forces to Empower Fintechs with Payment Cards in Kenya

Diamond Trust Bank and Mastercard have forged a partnership that lets the bank offer payment cards to tech-enabled companies, including fintechs in Kenya. 

News

Kenyan Fintech Kwara Raises $3 Million in Seed Extension

The $3 million seed extension round was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round.

News

IFC, BOA Kenya Partner to Expand Lending to Small Businesses in Kenya

Through the partnership, IFC will enter a risk-sharing facility with BOA Kenya that will help the bank scale up lending to small and medium-sized enterprises.

News

Opportunity International and Oikocredit Announce $100 Million Impact Investment Agreement to Advance the Education Sector in Low-income Countries

Opportunity International and Oikocredit will mobilize the funds over the next three years with an initial, near-term focus on Ghana, Kenya, Nigeria, Senegal, and Uganda.