Wakandi and MDP Join Forces to Drive Financial Inclusion in Africa
We’re excited to share a major milestone for Wakandi Group AS!
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We are here with a clear purpose: be the global leader in creating equal financial opportunities. Follow us on our journey
Kenya’s SACCOs may prevent fraud with digital transformation
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.
Digital banking trends in Africa
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,...
Re-imagining finance in Kenya after the pandemic
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...
Why SACCOS in Kenya should focus on employment and digital skills?
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,...
Impact of regulatory compliance on SACCOs in Tanzania
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...