Author: Antony Mutunga

When it comes to technology, Africa remains among the last in the race, it is said. However, this has given the continent a unique attribute, evident in its ability to leapfrog plastic money to mobile technology. With the example of Safaricom’s M-Pesa, which is among the leading innovations of the transition, Africa is doing well on the financial inclusion front. The continent has tried to keep up with the rest of the world thanks to its continuous quest to harness emerging technologies such as artificial intelligence (AI). Even though not all of Africa is yet to experience the emerging generative…

Africa’s start-up ecosystem has been steadily growing over the years, attracting significant investments from both local and international sources. According to disrupt Africa, funding raised by start-ups in Africa has grown from Sh1.9 billion ($12million) in 2013 to Sh791.25 billion ($5 billion) in 2022. However, funding in the continent has taken a hit, forcing a number of start-ups to close down. Even among the big four countries; Kenya, Egypt, South Africa, and Nigeria that are dominant in the start-up industry have been greatly affected. The “Africa: The Big Deal, a database on the start-up ecosystem in Africa” report shows that…

For 20 years, Ismail Ahmed had a keen interest in remittances. Once upon a time, his family received remittances. At university level as an economics student, he chose it as a research project not knowing at the time that one day his passion would eventually lead him to set up a global online remittance service that is currently giving banks a ran for their money. It was seven years ago when the Somaliland born founded World Remit in the United Kingdom and has grown in leaps and bounds, so far providing services to senders in 50 countries spread across the…

The number of those who scored a grade of D and below stood at 369,311 in the 2023 Kenya Certificate of Secondary Education (KCSE) examination results released by the Education Cabinet Secretary (CS) Dr. Ezekiel Machogu on Monday 8. Speaking at Moi Girls High School in Eldoret, the CS said 58.27% or 526,222 candidates who sat for the exam managed to score a grade of D+ and above as compared to 59.14% or 522,588 candidates in 2022. “Overall, I am impressed by the quality of grades that are coming out of our sub-county schools that produced 283 candidates with mean…

2024 will be tough for developing countries as they continue to face challenges in accessing international capital markets due to high levels of external debt and rising interest rates.

Nicanor Sabula returns to lead the Kenya Association of Travel Agents after a brief exit in 2020. He takes over from Agnes Mucuha.

Over the years, Kenya has emerged as a promising destination for private financing attracting funds from domestic and international sources.

Start-up Bill was to solve Kenya’s rising unemployment and investment challenges

Kenyans love instant payments and thus Unstructured Supplementary Service Data (USSD) comes out as a better option.

After the election win in August 2022, the economy was crucial for the Kenya Kwanza political alliance headed by President William Ruto. At the time, 2023 was expected with a lot of optimism as many were looking forward to a thriving economy. However, what awaited Kenyans was the rising cost of living and new policies. It is sad that the government has yet to reward voters by making changes that would reduce the cost of living, promote businesses, create opportunities, and improve the economy. There has been utter confusion with one change after another, and Kenyans are not happy. While…