Although Kenya leads its East African peers in terms of financial inclusion, not many Kenyans at the bottom of the pyramid can actually access affordable credit to enhance their livelihoods. The 2017 Brookings Institution Report on financial inclusion shows that over 75% of Kenyan adults have a financial account, but...
By Macharia Wachira Although the African technology industry is in its nascent stages, it has been a significant part of the continent’s socio-economic transformation in the past and will continue to be in the future. Computech Limited, a leading systems integrator with a presence in Kenya, Uganda, Tanzania, Rwanda and Zambia,...
Philip Nyamwaya talks about founding iPay, succeeding as an entrepreneur and the importance of online payments in a digitally transforming world Philip Nyamwaya, the founder and CEO of iPay Limited, never thought he could be an entrepreneur. Like most other university students, his dream was to work hard in school,...
There is no escaping the facts that small and medium businesses are the backbone of the Kenyan economy. Like any other entrepreneurs across the globe, Kenyan entrepreneurs often find themselves facing stubborn financial straits. When this happens, their businesses implode. Cash constraints bite hard, culminating in staff layoffs. In extreme...
Because of the short time it takes to put up the structure you can save 10-15 percent of the labor cost. Koto Housing; a local construction firm that uses Koto technology (prefabricated building technology) from Malaysia to build affordable housing for Kenyans within a short time than traditional housing is...
ECLOF Kenya is a middle tier Micro-finance institution serving the economically vulnerable people living in both rural and urban Kenya. ECLOF Kenya does so by availing both financial and non-financial products and services thus contributing in poverty alleviation of the economically marginalized people in Kenya. Registered as a microfinance company...
Education Malaysia was the first organization to ever organize a dedicated stand-alone Study in Malaysia expo in Kenya, Uganda, Tanzania, Rwanda and Zambia One of Malaysia’s key attractions is its extreme contrasts of towering skyscrapers that look down upon wooden houses built on stilts, and five-star hotels sitting several...
The company's key aim is to empower entrepreneurs by giving them access to credit Esther Muchemi, a seasoned entrepreneur, believes that success can be replicated. "If you run one thing that's successful, it allows you to run more things that are a success. Entrepreneurship is all about principles that work." While...
Mobile money is a form of electronic money that allows one to conduct financial transactions on a mobile phone. It allows financial services to be extended to unbanked people at a significantly lower cost because physical infrastructure isn’t needed. Across sub-Saharan Africa, mobile penetration is rising with almost 75 per...
Abai Schulze is the founder of ZAAF-a collection of premium Ethiopian leather products and accessories. “When I was a child residing in an orphanage in Addis Ababa I saw being a teacher as very significant (which it is). I had no concept of business other than the fact that I...
One of the most progressive technology models in the healthcare space is an e-health platform that has enabled accessibility to quality and affordable drugs at the tap of a button. First of its kind in the market, MYDAWA is an online retail pharmacy that allows patients to purchase quality medicine...
Wachera Muriu talks of founding KopaCent and how it empowers people to live a better life through responsible financing A vibrant and expanding small business sector can be a major catalyst for inclusive growth but small and medium-sized enterprises (SMEs) have a difficult time accessing the financial services that can...
When Kobo360 started operations, the logistics sector in Africa was largely informal with unclear pricing and interference from expensive middleman. In some African countries, it could take days, if not weeks to move goods across the country, thus causing businesses to lose money. The firm now has a mission...
“From my earliest days of starting Software Technologies Limited 29 years back and building STL into one of the largest and most successful software companies in East Africa, I have realized that success is down to six key attributes; planning, focus, self-belief, a positive attitude, love for those around...