All News and Announcements
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.