Mobile Money transfer
A photo showing two people using Mobile Money transfer. Photo Courtesy

Report: Mobile money loans surge in Kenya amidst growing financial inclusion

A new report by the Global System for Mobile Communications Association (GSMA) has highlighted a significant shift in Kenya and Sub-Saharan Africa, where mobile money has become the preferred source of borrowing for many adults. GSMA’s State of Industry report indicates that the region is driving a major expansion of mobile money accounts, which now…

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Women pose for a photo during the Equity's Fanikisha Programme. Photo by John Majau

Women hail Equity’s Fanikisha Programme for enhancing business growth, financial inclusion

Women have hailed Equity Bank’s Fanikisha programme for transforming their financial fortunes, saying the initiative has helped them overcome barriers such as limited access to credit and lack of tailored financial products. Beneficiaries said the programme has enabled them to grow businesses, create jobs, and improve their living standards through access to affordable financing and…

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CS Cooperatives Wycliffe Oparanya during opening of African Inclusive Finance Week (SAM 2025)/photo courtesy

SAM 2025: African Inclusive Finance Week kicks off in Nairobi

The fifth edition of the African Inclusive Finance Week (SAM 2025) officially opened on Monday in Nairobi, bringing together more than 1,000 delegates from across the continent. The high-profile event, running from October 13 to 17 at the Kenyatta International Convention Centre (KICC), was officially inaugurated by the Cabinet Secretary for Cooperatives and SMEs, Wycliffe…

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