Business News Technology

ASAP Credit, Weritas Launch Programme to Open Kenya’s Micro-Lending Market to Investors

Alfonce Mutuku May 5, 2026

NAIROBI, May 2, 2026 — ASAP Credit and Weritas have launched a structured finance programme to open Kenya’s women-led micro-lending market to institutional investors. The two firms aim to connect regulated loan portfolios to global capital. As a result, they expect to expand funding for

Business Technology

ASAP Credit partners with Weritas to expand access to loans in emerging markets

Alfonce Mutuku April 23, 2026

NAIROBI, April 21, 2026 — ASAP Credit has partnered with Weritas to scale lending and improve access to credit for underserved individuals and small businesses in emerging markets. The deal brings together fintech lending and digital credit infrastructure to connect local borrowers with global capital. Boosting access to credit ASAP Credit will originate and manage […]

Business Technology

ASAP Credit, Weritas Collaborate to Explore Digital Financial Infrastructure for Women

Alfonce Mutuku March 13, 2026

NAIROBI, Kenya — March 13, 2026 — ASAP Credit, a licensed Digital Credit Provider in Kenya, has announced a collaboration with Weritas, a women-led financial technology platform. The partnership will explore digital technologies that could improve financial services and infrastructure for women. The announcement comes during the month of International Women’s Day and

Business International

WaftPay: Simplifies Cross-Border Payments Across Africa

Patricia Waigwa January 20, 2026

WaftPay is a leading financial technology company enabling seamless cross-border payments across Africa.It simplifies complex transactions for global businesses operating in multiple African markets. Furthermore, WaftPay is a licensed money transfer provider in Kenya and regulated by the Central Bank of Kenya.This ensures secure, compliant, and reliable financial

Business News

President Ruto Launches NYOTA Start-up Capital Disbursement in Nairobi

Patricia Waigwa January 19, 2026

On Monday, January 19, 2026, President William Ruto launched the NYOTA Start-up Capital Disbursement at Kasarani Stadium.The event marked a major milestone in Phase Two of the national NYOTA project rollout. Importantly, the launch reinforced the government’s commitment to youth empowerment and entrepreneurship. NYOTA Project Strengthens Youth Economic Empowerment The

Business News

CMA Launches New Online Financial Reporting System

Patricia Waigwa January 12, 2026

The Capital Markets Authority (CMA) has launched a new online financial reporting system for licensed market intermediaries in Kenya.Moreover, CMA CEO Wyckliffe Shamiah confirmed the system became effective on January 9, 2026, through the authority’s online portal. Role of Market IntermediariesMarket intermediaries bridge the gap between investors, issuers, and capital

Business News

Kenya’s Economy Stable as Inflation Eases

Patricia Waigwa January 12, 2026

National Treasury Principal Secretary Dr. Chris Kiptoo announced that Kenya’s economy has stabilized following eased inflation in 2025.Moreover, he highlighted that private sector recruitment reached its highest level since 2019, signaling renewed economic confidence. Strong Growth Across Key SectorsSpeaking in Eldoret, Kiptoo noted significant improvements in mining,

Business News

Goods and Services Prices Rise as 2026 Begins

Patricia Waigwa January 1, 2026

Inflation Report ReleasedKenya National Bureau of Statistics (KNBS) reported annual inflation at 4.5 percent in December 2025. Moreover, the report highlighted rising costs of everyday goods and services across households. Food Costs SurgeFood prices rose 7.8 percent over the year, hitting families hardest. Additionally, sukuma wiki increased 4.7 percent, maize flour 5.1

Business

Kenya Reaffirms Commitment to Fast-Tracking EV Transition

Patricia Waigwa December 5, 2025

The Kenyan government has reaffirmed its commitment to accelerating the country’s shift to electric mobility. Speaking at the Africa EV Mobility Show Kenya 2025 in Nairobi, Energy Principal Secretary Alex Wachira outlined the key policies guiding this national transition. Government Targets 10,000 Charging Stations by 2030 Wachira, represented by Assistant Director Erick

Business News

Interns Race for 7,000 PSC Slots as Nationwide Interviews Begin

Patricia Waigwa December 1, 2025

The Public Service Commission (PSC) has officially launched a nationwide interview exercise to recruit 7,000 interns under the Public Service Internship Programme (PSIP) Cohort 8. The process began on 1 December 2025 and will run until 6 December 2025. PSC Shortlists 13,117 Graduates for Interviews PSC however shortlisted 13,117 candidates from a total of 35,659 […]