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Wakandi Tanzania Ltd has proudly signed a contract with the leading digital lifestyle company, Tigo Tanzania to offer savings and credit cooperatives (SACCOs) a digital payment and savings platform....
COVID-19 brought substantial disruption in the finance sector in Kenya. Kenya’s GDP growth slowed down to -0.3% in 2020 – a record low since 2008. Banking operations and financial performance were...
Savings and Credit Cooperative Societies (SACCOS) have remained at the forefront of mobilizing savings for millions in Kenya. They have resulted in a huge impact on financial inclusion in Kenya,...
The role of cooperative societies like SACCOs towards the unbanked has been increasing rapidly. While working in a democratic and open manner, they have been providing financial support to millions...
Innovation Norway has recently signed an agreement with the Ministry of Agriculture, Livestock, Fisheries, and Cooperatives in Kenya. The goal of the agreement is to strengthen the cooperation to...
African economies are recognizing the importance of technology and speeding up the digitization process. Digital applications are driving socio-economic transformation, opening avenues for millions...
Credit unions have operated for years with a people-first approach. They have strengthened the local communities across the globe with affordable finance. Emerging as vital organizations for the...
SACCOS in Kenya have always been considered as a mechanism to promote savings and credit services. They have contributed immensely towards the socio-economic development of farmers, workers, and...
We all know how the COVID-19 pandemic impacted the informal financial groups (IFGs). Mobility was restricted and social gatherings were prohibited. Many IFGs in Africa remained uncertain about...
Savings and credit cooperative societies (SACCOS) play a critical role in the socio-economic development in most African countries. Around 85% of cooperative societies have helped their members to...
The role of cooperative societies in Kenya has been extensive and impressive. They range from agricultural and livestock cooperatives in rural areas to savings and credit cooperatives (SACCOS) in...
Africa has witnessed tremendous financial innovation over the past decade. Powered by the rapid adoption of mobile technologies, innovators and tech startups are building a modern infrastructure with...
