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Microlender Jijenge Credit welcomes CBK s oversight of DCPs

They were previously only required to register the businesses to begin operations in the country.

Uhuru kenyattaCentral bankM kopa loan kenyaMwanzo creditGiando africaJumo kenyaJijenge creditRewot ciroGetcash capitalSevi innovationCeres techKweli smart solutionsDigital credit providersGetcash capital limitedGiando africa limitedKweli smart solutions limited

Foreign investors snap up 5 local microfinance banks

Loss-making microfinance banks (MFBs) have given foreign investors who want to tap into Kenya’s lucrative financial sector a major window for entry.

San franciscoUnited statesRift valleyCity ofUnited kingdomSri lankaNairobi areaSri lankanPeter machariaSalaam african bankHope advancement incCentury microfinance bankBranch international ltdKey microfinance bankCompetition authority of kenyaHope international

Experts downplay downturn fears, but project tepid economic growth

Recovery has been hampered by rising inflation cracks and a volatile political milieu.

Nairobi areaRaila odingaRufas kamauNaomi mathengePeter machariaNational treasuryWorld bankCentral bank rateWorld bank senior economist for kenyaJijenge creditMonetary policy committeeNairobi securities exchangeWorld bank senior economistPrime minister raila odingaInflation cracksInterest rates

CBK clears ten more digital lenders to operate in Kenya

The latest batch now brings to 32 the number of digital lenders currently in operation in Kenya.

South africaUmoja fanisiJijenge creditKweli smart solutionsAnjoy creditInventure mobile limited trading as talaCeres techRisine creditM kopa loan kenyaZenka digitalFourth generation capitalMoney serviceNgao creditSevi innovationTenakata enterprisesRewot ciro

CBK Approves Licences for 10 More Digital Loan Providers [FULL LIST]

This brought the total number of approved DCPs to 32 following the licensing of 22 credit providers in January 2023.

Switzerland generalSouth africaPatrick njorogeOkolea internationalM kopa loan kenyaNgao creditZenka digitalJumo kenyaMoney serviceCentral bankMwanzo creditOffice of the data protection commissionerJijenge creditLittle pesaSevi innovationKweli smart solutions

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