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Hustler Fund. The Hustler Fund, administratively also known as The Financial Inclusion Fund, is a loan project led by the Kenyan government which provides instant loans to Kenyan citizens upon request. The program was launched by President William Ruto in late 2022 with the intention of providing at least $420 million in loans.
The Kenya Finance Bill 2024 was a piece of legislation that proposed changes to the tax system of Kenya, [1] which involves tax increases. [2] The proposed bill aims to raise 346 billion Kenyan shillings (KSh) to pay off debt and fund development projects. [2][3] It was first introduced in May 2024 and has been controversial, [4] with some ...
M-Kopa (M for mobile, kopa is Swahili for borrow, stylized as M-KOPA) [1] is an African connected asset financing platform that provides underbanked customers in Africa to essential products including smartphones, electric motorbikes & digital financial services. [2][3] M-Kopa was launched commercially in 2012 and is headquartered in Nairobi.
Jiji was founded in 2014 in Lagos, Nigeria by Anton Volianskyi, who is the company's CEO. In autumn 2015 Jiji started a project known as Jiji blog, [8] providing visitors with the information on business, technologies, entertainment, lifestyle, tips, life stories, news. In 2016, Jiji partnered with Airtel, a global telecommunications services ...
The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
The user interface technology of M-PESA differs between Safaricom of Kenya and Vodacom of Tanzania, although the underlying platform is the same. While Safaricom uses SIM toolkit (STK) to provide handset menus for accessing the service, Vodacom relies mostly on USSD to provide users with menus, but also supports STK.
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