At ARE EAIF 2026, Schneider Electric Reaffirms Its Commitment to Driving Inclusive Energy Transition for Sustainable Development in Sub-Saharan Africa
Schneider Electric, a global energy technology leader, reaffirmed its commitment to accelerating an inclusive energy transition by expanding access to affordable, reliable, and sustainable green electricity across Sub-Saharan Africa. Shared at the opening of the Alliance for Rural Electrification (ARE) Energy Access investment Forum (EAIF) 2026 Conference, the commitment reflects Schneider Electric’s global ambition to […]
Reinsurance is the growth engine for digital insurance in Africa and the Middle East – EIRS
As digital insurance gains meaningful traction across Africa and the Middle East, a critical structural gap is emerging, masking a deeper structural risk and one that could potentially slow the sector’s momentum if left unaddressed. This, analysts say, further highlights the growing need for robust, well-aligned reinsurance support to sustain growth. According to EIRS, the […]
Why South Africa’s Exchange Control Regulations of 1961 is Being Replaced
South Africa has opened a public consultation on draft Capital Flow Management Regulations that would replace the Exchange Control Regulations of 1961, marking its clearest attempt yet to redesign how cross-border capital is regulated. The National Treasury and the South African Reserve Bank are proposing a shift toward reporting-based oversight, targeted monitoring of high-risk flows, […]
What Co-operative Bank’s Shift to a NOHC Structure Means for Investors
The Board of Directors of The Co-operative Bank of Kenya has approved a plan to reorganise the lender into a non-operating holding company, a structural shift that separates its listed parent from its licensed banking unit. The proposal, which remains subject to approvals from shareholders and regulators including the Central Bank of Kenya and the […]
Best Salary Advance Loans by Banks in Kenya
Salary advance loans in Kenya are structured to provide short-term liquidity for employed individuals, allowing them to manage expenses before their next payday. These facilities are typically linked to salary accounts, with borrowing limits based on monthly income and repayment done automatically once salaries are credited. Compared to unregulated lenders, salary advance loans by banks […]
5 Key Differences between an Overdraft and a Salary Advance in Kenya
In Kenya’s retail banking market, short-term credit products such as an overdraft and a salary advance serve a similar purpose, quick access to cash for salaried workers, but operate under very different structures. Understanding the difference between an overdraft and a salary advance is critical for borrowers managing day-to-day liquidity, particularly as banks expand mobile-based […]
Financial Freedom Starts with Smart Execution, Not Just Technology
There is no doubt that technology has completely taken over virtually every sector in world. Today, every financial solution comes wrapped in an app, a dashboard, or an algorithm, and, hence, it is tempting to believe that technology alone is the golden ticket to financial freedom. We download budgeting apps, subscribe to investment platforms, automate payments, and assume we are now […]
5 Safer Alternatives to Loan Apps in Kenya
Kenya’s digital lending market has expanded rapidly, but concerns around high borrowing costs, aggressive debt collection, and data privacy have pushed many borrowers to look for alternatives to loan apps. A growing number of regulated and community-based financing options now offer structures that are safer than loan apps, with clearer pricing and stronger consumer protections. […]
Can You Get a Loan If You Are on a CRB Listing in Kenya?
Getting a loan after a CRB listing in Kenya is still possible, but approval depends on your credit profile, the lender’s criteria, and whether the loan is secured. Changes introduced by the Central Bank of Kenya in 2020 mean lenders are no longer allowed to reject applicants solely because of a negative credit score. Instead, […]
How to Invest in Mapato Sukuk by KCB Bank Tanzania
KCB Bank Tanzania has launched Mapato Sukuk, a Shari’ah-compliant investment product that opens fixed-income style returns to investors seeking alternatives to conventional bonds. The offer was introduced by Amour Muro, head of Islamic banking at the lender, with Exaud Julius, director at the Capital Markets and Securities Authority, attending as guest of honour. The issuance […]