MyCredit’s USD 3 Million Deal with BlueOrchard: Boosting Education Financing

MyCredit Limited, a non-bank financial service institution licensed by the Central Bank of Kenya, has recently secured a debt funding of $3 million from impact investment manager blueorchard. This funding is intended for onward lending in the education sector, supporting MyCredit’s strategic plan to offer affordable medium-term financing to private schools kenya for three years….

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[Kenya] Airtel becomes second operator to launch 5G

“Today marks a significant milestone as we proudly introduce our 5G  network, a state-of-the-art infrastructure that provides data speeds up to 10 times faster than  4G, incredibly low latency, and the ability to seamlessly connect billions of devices. ‘’Mr Ashish Malhotra, the Managing Director of Airtel  Kenya said. ‘’Airtel 5G  will revolutionize various sectors, such…

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African and global institutional investors sign on to new $500 million infrastructure fund

Prominent African and global institutional investors have signed on to the new $500 million Africa50 Infrastructure Acceleration Fund – a move described as an unprecedented milestone for Africa. The fund is the first private vehicle infrastructure platform launched by Africa50. The collaboration brings together a diverse group of influential stakeholders from Africa and outside the…

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