eCitizen Smashes Records! Kenya’s Digital Platform Sees Sh900 Million Day, Transforming Public Service

Kenya’s eCitizen platform has reached a milestone. For the first time ever, government revenue collected through the platform soared past a staggering Sh900 million in a single day. This record-breaking feat marks a watershed moment for Kenya’s digital transformation journey, highlighting the transformative power of online public services. The digital revolution is attributed to President…

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Equity Bank Crowned Global Leader in Climate Financing

Equity Bank has achieved a remarkable feat, earning the top global spot in climate financing recognition by the International Finance Corporation (IFC). This esteemed recognition comes through the Climate Assessment for Financial Institutions (CAFI) Awards, where Equity Bank took first place in the Climate Reporting category. Leading by Example: Out of 258 participating financial institutions…

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Ujani Lights the Way in Financial Literacy

Ujani, a diversified financial services platform dedicated to empowering individuals and institutions with comprehensive financial literacy and investment tools. Tailored Learning for Every Stage: Personal Financial Education: Build a solid foundation with Ujani’s user-friendly platform, offering practical advice on budgeting, saving, investing, and retirement planning. Ujani Masterplan Portal: Dive deeper into advanced financial and investment opportunities, including…

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M-KOPA Launches Operations in Ghana, Marking a Significant Milestone in Pan-African Expansion

M-KOPA, a leading asset financing platform, has officially launched its operations in Ghana, marking a significant milestone in its Pan-African expansion strategy. The company’s foray into the Ghanaian market stems from a successful pilot phase and aligns with its mission to provide financial and digital inclusion for underbanked customers across the continent. M-KOPA’s initial focus…

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Crypto trading to be taxed in New bill

Kenya is set to start taxing cryptocurrency trading after the National Assembly’s Finance and National Planning Committee approved the publication of the Capital Markets (Amendment) Bill. The proposed bill seeks to introduce taxation of crypto exchanges, digital wallets, and impose transaction taxes akin to excise duty charged on bank transactions. The proposed amendment bill allows…

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Kenya Extends $8.48 Million World Bank-Supported Grants to 150 Small and Medium-Sized Enterprises

In a concerted effort to boost the growth and competitiveness of the Kenyan industrial sector, the government has commenced the disbursement of 1.3 billion shillings (approximately $8.48 million) in World Bank-supported grants to 150 small and medium-sized enterprises (SMEs). Juma Mukhwana, the principal secretary in the State Department for Industry, announced the initiative during a…

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Mastercard Partners with Bidvest Bank to Launch Bidvest Bank BidSend for Seamless International Remittances

Mastercard and Bidvest Bank have joined forces to introduce Bidvest Bank BidSend, a solution that revolutionizes international remittances for South African customers. Powered by Mastercard’s cross-border services, this real-time payment network enables users to send money to over 103 countries, offering flexible payout options including cash, mobile wallet, or bank account. “At Mastercard, we are…

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Ecommerce Marketplace Bigstore.africa Secures Angel Funding, Announces Platform Launch

Kenyan ecommerce company Bigstore.africa has secured an undisclosed investment in its recently completed angel funding round. The funding marks a significant milestone for the company, paving the way for the launch of its unique marketplace platform. Bigstore.africa is poised to revolutionize the Kenyan retail landscape by offering a centralized platform for customers to purchase a…

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