Device Financing
Exploring device financing options and trends for purchasing mobile and other devices in Kenya and across Africa
-
Announcements
M-KOPA Hits 1 Million Smartphone Sales in First Year
M-KOPA just hit 1 million branded smartphone sales in year one, proving financial inclusion embedded in devices really works. From…
-
News
CFAO Mobility Kenya and Almasi Financial Services Launch Sharia-Compliant Vehicle Financing Deal
CFAO Mobility Kenya partners with Almasi Financial Services to offer 90% Sharia-compliant financing for commercial vehicles over 60 months.
-
Opinion
How BNPL and Midrange Innovation Are Reshaping Tech Access
Affordable smartphones with premium features and BNPL services are driving digital inclusion and increasing smartphone access across Kenya.
-
Interesting Reads
Lipa Later’s Stunning Fall Into Administration Exposes Deeper Fintech Fragility in Kenya
Lipa Later enters administration despite recent growth, exposing deeper issues in Kenya’s fintech ecosystem and startup sustainability under economic pressure.
-
Announcements
Watu to Install GPS Trackers on All Financed Motorbikes in Kenya in New Anti-Theft Campaign
Watu rolls out GPS trackers and distributes 70,000 logbooks to safeguard boda boda riders in Kenya from rising motorcycle theft.
-
News
Stanbic Bank Kenya Finances Vivo Energy’s Acquisition of 69 Hyundai Tucson SUVs
Stanbic Bank Kenya financed Vivo Energy's acquisition of 69 Hyundai Tucson SUVs, partnering with RentWorks, Caetano Kenya, and Heritage Insurance…
-
Announcements
M-KOPA and Turaco Hit 1 Million Milestone in Free Insurance Coverage for Kenyans
M-KOPA and Turaco provided free hospital cash insurance to 1 million Kenyans, enhancing financial security through embedded smartphone coverage.
-
Opinion
How the Cost of Smartphones Is Widening Africa’s Digital Divide
Africa's digital divide persists due to smartphone affordability, data costs, and regulations. Public-private partnerships and financing solutions can enhance digital…
-
News
Kenya’s Boda Boda Theft Crisis: Watu Credit Claims New Measures Will Protect Riders
Watu Credit commends police for tackling boda boda theft amid past allegations, introducing tracking systems to curb rising organized crime.
-
News
OPPO and LOOP Renew Partnership to Offer Exclusive End-of-Year Deals
OPPO Kenya and LOOP DFS renew partnership, offering year-end discounts, cashback, financing, and free Enco buds on select Reno12 purchases.
-
News
Watu Simu Finances Over 1 Million Mobile Devices in Kenya Within 23 Months of Market Entry
Watu Simu finances 1 million devices in Kenya, promoting digital inclusion with responsible BNPL models, while supporting economic and regulatory…
-
News
Kenya’s Lending Landscape in 2024: Why Mobile Loans Are Booming Amid Credit Tightening
Kenya's Q1 2024 lending landscape saw mobile loans surge, while overdrafts and asset finance experienced tightening credit conditions.
-
News
Meet MoPhones: The New Company That’s Making Premium Smartphones Accessible to All
MoPhones offers affordable, high-quality renewed smartphones in Kenya, promoting sustainability through reducing e-waste and flexible payment options.
-
News
M-KOPA’s Journey: Reaching 5 Million Customers and $1.5bn in Credit Expansion
M-KOPA reaches 5 million customers, unlocking $1.5 billion in credit, driving financial inclusion, digital access, and sustainability.
-
Opinion
Why Adopting ESG Principles Are Essential To Business Growth
Adopting ESG principles drives business growth by attracting investment, fostering community loyalty, and promoting sustainability through strategic partnerships.