Loans
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News
Why Young Kenyans Are Defaulting on Mobile Loans – And the Free App That Can Help
Kenya's loan defaults jumped 55% by 2024; TransUnion promotes free Nipashe app for credit monitoring among first-time borrowers
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EXTENDED | Newsletter
When Tech Gets Real: Phones, Points & Privacy Battles
This week’s volume covers Kenya’s tech shifts, TECNO’s trifold concept, VAR rollout, AI breakthroughs, Bonga points, and HELB’s crackdown.
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News
HELB Seeks Access to KRA and NTSA Data to Track Loan Defaulters
HELB seeks KRA and NTSA data access to track student loan defaulters amid KES 13.7 billion funding shortfall, raising privacy…
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Featured
EXPOSED: I Compared the Real Prices of Phones With What OnFon Mobile Charges Kenyans — The Results Will SHOCK You!
Insights At a Glance: While BNPL should be empowering, Kenyan providers are instead trapping low-income earners in expensive digital debt…
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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…
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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.
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News
High Court Declares New University Funding Model Unconstitutional: What It Means for Kenya’s Education Sector
Kenya’s High Court declared the university funding model unconstitutional, citing discrimination and lack of public participation, prompting government revisions.
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News
Kenya’s Central Bank Finally Regulates Buy Now Pay Later (BNPL): What It Means for You
Kenya's new law regulates Buy Now Pay Later (BNPL) providers, curbing predatory practices, enhancing consumer protection, and fostering financial inclusion.
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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.
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Interesting Reads
University Funding Model Explained: Everything to Know About the New Kenyan Universities Admission Letters
A comprehensive guide to Kenya's new university funding model, detailing the application process, funding bands, revised admission letters, and implications.
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News
Watu Set to Transform E-mobility in Africa with Financing for 10000 Electric Bikes in 2024
Watu's 2023 report highlights financing 10,000 electric bikes in 2024, emphasizing e-mobility, financial inclusion, climate action, and sustainable transportation in…
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News
What is SC Juza, and Why Should You Care?
Standard Chartered launches SC Juza in Kenya, a mobile app providing short-term loans directly through mobile wallets with flexible repayments.
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News
Safaricom Signs KES 15 Billion Loan Deal with Kenyan Banks
Safaricom secures KES 15 billion sustainability-linked loan, a first in Kenya, promoting ESG goals and regional leadership.
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How To/ Explained
Safaricom Faraja Explained: 0% Interest Buy Now Pay Later
Safaricom Faraja offers zero-percent interest credit on M-Pesa, enabling purchases up to 100,000 KES, reshaping mobile finance.
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News
Students to receive HELB via M-Pesa in new move
HELB Mini App and Mobile Wallet Launched in Collaboration with Safaricom for Efficient Student Loan Management