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Branch International Secures KES 350 Million Funding The Rise and Rise of Fintech in Kenya
Branch International, the popular loan app has managed to secure funding to the tune of KES 350 million. The fintech company plans to use the money to further expand their market horizons in Kenya as well as to India and Mexico. The app has been very successful in Kenya, managing to penetrate and provide loans to an estimated 1 million Kenyans. The funding came from […]
Kenyans to Follow Government Projects Via Online Portal The Private-Public Partnership Project
In accordance with the requirements of the constitution, access to information act 2013 and the public-private partnerships act 2016, transparency on government projects have been implemented. Through the creation of a digital platform named the Private Public Partnerships Project, which details up to date state-funded infrastructural activities. This move has been welcomed by Kenyans with the recent increase of corruption scandals that have rocked public […]
Little, Kenyan Cab Service sells 10% shares for $3 Million dollars Little raises 300 million shillings for expansion in Africa
This month Little the Kenyan cab service sold its shares to an unnamed Indian investor for $3 Million dollars. CEO Kamal Budhabatti says the investment is a start as the company seeks more investment for pan-African expansion. So far, the company has ventured into Uganda and Rwanda. It is aiming to start the business in Tanzania, Ghana, and Zambia later in the month. The company […]
