Vincent Owino

One in every three Kenyans with an outstanding loan has been forced to borrow from another source to repay their other loans as hard economic times push more people to default on their obligations.

The number of Kenyans engaged in betting has thinned since 2021 amidst new taxes targeting gains from gambling activities and an inflated cost of living cut people's appetite in the industry.

In addition to financing, the hub will offer free technical advice to governments and investors, focusing on capital mobilisation, financial structuring, and project engineering.

Jeremy Awori, who heads the Lome-headquartered lender Ecobank Group, says regional financiers are already using AI mostly to combat fraud in payments, boost customer experience, and enhance efficiency and speed of settlements.

Regional financiers are already using AI mostly to combat fraud in payments Vincent Owino The East African

Millions of Nairobi residents without access to proper sanitation services, may remain unconnected as a major city sewerage project funded by the

Digital taxi firm Little has ventured into the payments segment with a new point-of-sale (PoS) system targeting mostly restaurants and online vendors seeking a pie of the growing industry.

Kenafric is set to be the second-largest manufacturer of stationery products after the competition regulator approved its bid to acquire Economic

The number of companies under liquidation rose to 15 in the first four months of the current financial year, up from nine the previous year, resulting