How technology is shaping Africa’s informal finance
Technology has been transforming businesses across the globe and there is no stop sign. Industries are witnessing innovation through technology that is changing their products, processes, and...
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Technology has been transforming businesses across the globe and there is no stop sign. Industries are witnessing innovation through technology that is changing their products, processes, and...
Financial fraud is a notable threat impacting the growth of SACCOs and cooperative societies in Kenya. There have been several cases of theft and misappropriation of funds in previous years.
The sudden emergence of coronavirus dealt a severe blow in African countries causing a rapid economic contraction. The pandemic impacted business across industries, including the finance sector. Now,...
We are pleased to announce the inauguration of our new office located in Dar Es Salaam, the largest city and the former capital of Tanzania. It is a big milestone for the company as it will help us...
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...