Kenya’s average mortgage interest rate for affordable housing units has fallen to 10.5%—the lowest in a decade—thanks to the Housing …
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Region: Nairobi
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Economy & Business
Kenya’s Mobile Money Transactions Hit Ksh24 Trillion in Q1 2024
by KenyaPollsby KenyaPollsKenya’s mobile money platforms processed Ksh24 trillion in transactions in Q1 2024—a 19% year-on-year increase—driven by P2P transfers, bill payments, …
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Economy & Business
Kenya’s Mobile Savings Accounts Surpass Ksh1.5 Trillion as Inclusion Deepens
by KenyaPollsby KenyaPollsKenya’s mobile-based savings accounts have surpassed Ksh1.5 trillion in deposits as of Q1 2024, driven by M-Pesa’s Fuliza Savings, Airtel …
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Economy & Business
Kenya’s Mobile Savings Accounts Top Ksh1.5 Trillion as Financial Inclusion Deepens
by KenyaPollsby KenyaPollsKenya’s mobile-based savings accounts have surpassed Ksh1.5 trillion in deposits as of Q1 2024, driven by M-Pesa’s Fuliza Savings, Airtel …
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Economy & Business
Kenya’s Social Protection System Integrates with National ID for Real-Time Targeting
by KenyaPollsby KenyaPollsKenya’s social protection programs are now fully integrated with Huduma Namba, enabling real-time targeting of the poor and vulnerable using …
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Nairobi County has launched a new Green Finance Initiative aimed at helping businesses transition to environmentally sustainable operations while expanding …
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Economy & Business
Kenya’s Affordable Housing Mortgage Rates Drop to 10.5%
by KenyaPollsby KenyaPollsKenya’s average mortgage interest rate for affordable housing units has fallen to 10.5%—the lowest in a decade—thanks to the Housing …
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Economy & Business
Safaricom Posts Strong Q3 Profits Driven by M-Pesa and Fibre Expansion
by KenyaPollsby KenyaPollsSafaricom PLC reported a 9.3% year-on-year rise in pre-tax profit for the third quarter of FY2024, reaching Ksh28.7 billion, powered …
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Economy & Business
Kenya’s First AI-Powered Maternal Health Chatbot Launched
by KenyaPollsby KenyaPollsKenya has launched MamaBot, an AI-powered chatbot offering free maternal health advice in Swahili, English, and local languages. Developed by …
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Economy & Business
Kenya’s Social Protection Digital ID Links 10 Million Beneficiaries in Unified System
by KenyaPollsby KenyaPollsKenya’s Social Protection Digital ID system now links 10 million beneficiaries across cash transfer programs like Inua Jamii, Hunger Safety …