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  • Microfinance and Micro-entereprise in Kenya.

      Two major factors play into Kenya’s economic situation – wealth disparity and a lack of economic growth. Currently, the richest 10 percent of the Kenyan population controls almost half of the nation’s wealth while the poorest 10 percent hold less than 1 percent. The continuous extraction of resources from the poor to the rich […]

  • National ICT masterplan launched.

      The revised ICT Master plan was unveiled today during the 6th connected Kenya summit in Mombasa. The ICT Master plan which is aligned to jubilee manifesto, the vision 2030 and other policy documents among other things details how Kenya can position itself as a leader in ICT investment and innovation by the year 2017. […]

  • East African Payment system will lower cash transfer costs

    Kenya’s banking sector regulator has said the interconnection of East African Community (EAC) member countries payment systems will cut the cost of cross-border money transfer and spur regional trade. Central Bank of Kenya(CBK) governor Njuguna Ndung’u recently said that East African Payment System (EAPS) which went live on November 25 will facilitate real-time transfer of […]