Kenya’s private-sector credit stock surged to an all-time high of KSh 3.96 trillion in September 2025, signalling a full recovery from the lending slowdown that gripped the economy through 2024. According to the Central Bank of Kenya (CBK), credit to the private sector grew by 5.0% year-on-year—up from 3.3% in August and a contraction of -2.9% in January. This marks the first sustained upswing in private credit growth since mid-2022, following a year of stagnation driven by high interest rates and tight liquidity. By mid-2024, credit stock had dipped to KSh 3.78 trillion before rebounding sharply as monetary easing took…
Author: David Indeje
Kenya’s biggest TechCo. Safaricom will unveil a transformative blueprint for inclusive growth, with education and gender parity at the heart of its long-term impact strategy. Under the banner “Anchored in Purpose, Accelerating a Digital Future,” the telco is redefining what it means to build a digitally empowered society. Education as an Equaliser: Building Citizens of the Future Safaricom’s flagship education initiative, Citizens of the Future, consolidates its diverse education programs into one portfolio, spanning early years, primary, secondary, and tertiary levels. From classroom construction to teacher training, digital integration to scholarship expansion, the goal is to create a seamless, scalable…
The Central Bank of Kenya (CBK) has proposed an overhaul of mobile money pricing, aiming to slash average transaction fees from KSh 23 to KSh 10 by 2028. The move, part of the draft Kenya National Financial Inclusion Strategy (NFIS) 2025–2028, seeks to reignite digital finance adoption and address affordability gaps that have stalled growth in Kenya’s mobile-first economy. “Mobile money is the single most transformative tool for financial inclusion,” CBK stated, noting that high fees have become a barrier for low-income users. Mobile Money Growth Stalls Despite High Volumes Kenya’s mobile money penetration stood at 82.3% of adults in…
Ogechukwu Obi-Benson, professionally known as AfroReekAH, is carving a distinct lane in Nigeria’s music scene with her genre-bending fusion of Afrobeats, pop, and R&B. Hailing from the Southeast, she’s fast becoming a standout voice for emotional honesty wrapped in infectious rhythm. An artist whose sound invites both movement and introspection. Her latest single, WTF, is a groove-driven anthem of rediscovery. AfroReekAH describes it as “a raw, groove-driven track about feeling lost in life’s noise and slowly finding your spark again.” It’s a sonic snapshot of where she is—emotionally and artistically—and a bold invitation into her world. “WTF came from a…
At the Second Africa Climate Summit (ACS2) held in Addis Ababa from 8–10 September 2025, African leaders made a unified statement: Africa is not a passive recipient of climate aid—it is a global hub for climate solutions. The Addis Ababa Declaration, adopted at the summit’s close, sets out a transformative agenda for climate finance, adaptation, and innovation. Key Commitments from the Declaration $50 Billion Annual Climate Finance Push Through the Africa Climate Innovation Compact (ACIC) and African Climate Facility (ACF), leaders pledged to mobilise $50 billion annually to scale 1,000 African climate solutions by 2030. These span energy, agriculture, water,…
In Kenya’s bustling peri-urban neighbourhoods, where reliable internet was once a distant dream, Poa Internet is quietly transforming lives. Founded in 2015, the company delivers affordable Wi-Fi to low-income households, unlocking access to jobs, education, and digital services. Backed by the Boost Africa initiative, a joint effort by the European Investment Bank (EIB) and African Development Bank with support from the European Commission, Poa is proving that inclusive connectivity is not just possible. It is catalytic. “We are not just selling the internet. We are building futures,” says Andy Halsall, Poa’s co-founder and CEO. Before the Boost: Building Infrastructure Without…

