--- title: Wakandi updates | Insights (4) description: Insights | Our vision is to be the global leader in creating equal financial opportunities. Follow us on our journey. (4) --- Blog # Latest from Wakandi We are here with a clear purpose: be the global leader in creating equal financial opportunities. Follow us on our journey [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en) ##### [How digital platforms can transform SACCOs in Kenya](https://blog.wakandi.com/blog/how-digital-platforms-can-transform-saccos-in-kenya?hsLang=en) The financial sector across Africa is witnessing a digital transformation. Equity Bank Kenya Limited reported a rise of 38% in merchant banking digital payments. Beyond commercial banking, mobile... Aug 18, 2021 5:13:05 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [COVID19](https://blog.wakandi.com/tag/covid19?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Why should SACCOS in Kenya be digitized?](https://blog.wakandi.com/blog/why-should-saccos-in-kenya-be-digitized?hsLang=en) SACCOS have been a symbol of trust and reliability when it comes to financial services for many millions in Africa. The growth of SACCOS in Kenya has been significant as they have witnessed a steady... Aug 11, 2021 4:13:46 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en) ##### [SACCOS and employment generation in Africa](https://blog.wakandi.com/blog/saccos-and-employment-generation-in-africa?hsLang=en) Every year, 10 to 12 million youth enter the workforce in Africa. But only 3.1 million jobs are created, leaving a significant percentage of youth without any job. This vast difference leads to... Aug 4, 2021 4:15:39 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en) ##### [How lack of innovation can hinder growth for SACCOs](https://blog.wakandi.com/blog/how-lack-of-innovation-can-hinder-growth-for-saccos?hsLang=en) Cash has been a primary mode of payments in Africa. It accounts for more than 80% of retail transactions conducted in African countries. One study shows that more than 90% of retail transactions in... Jul 30, 2021 4:13:47 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs?hsLang=en), [South Africa](https://blog.wakandi.com/tag/south-africa?hsLang=en), [stokvels](https://blog.wakandi.com/tag/stokvels?hsLang=en) ##### [How Stokvels impact people’s lives in South Africa](https://blog.wakandi.com/blog/how-stokvels-impact-peoples-lives-in-south-africa?hsLang=en) Saving money through Stokvels has been extremely popular in South Africa. People have widely adopted this traditional way of saving money for personal and business purposes. It is estimated that... Jul 28, 2021 4:07:08 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en) ##### [Regulatory compliance for SACCOS – with CAMS](https://blog.wakandi.com/blog/regulatory-compliance-for-saccos-with-cams?hsLang=en) With the rising customer needs and requirements, the financial market in Tanzania has witnessed tremendous growth lately. Major organizations, including banks and SACCOS, have been innovating to... Jul 23, 2021 3:54:26 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en) ##### [Jacob Ørn Kreyberg joins Wakandi Group as a Project Manager](https://blog.wakandi.com/blog/jacob-orn-kreyberg-joins-wakandi-group-as-a-project-manager?hsLang=en) We are excited to welcome Jacob Ørn Kreyberg onboard as a Project Manager in the Wakandi team. He will be responsible for maintaining high-quality standards throughout our operations while ensuring... Jul 21, 2021 4:08:44 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [e-Conomy of Africa boosting digital transformation](https://blog.wakandi.com/blog/e-conomy-of-africa-boosting-digital-transformation?hsLang=en) Internet and mobile technologies are transforming the lives of millions of people in Africa. A vast population is connecting through mobile devices and sending payments to each other every day. This... Jul 9, 2021 3:22:35 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en) ##### [Challenges faced by SACCOs in Kenya](https://blog.wakandi.com/blog/challenges-faced-by-saccos-in-kenya?hsLang=en) For decades, SACCOs have played a key role in mobilizing savings and loans for millions of people in Kenya. Their importance in sectors such as housing, agriculture, dairy, etc., has increased... Jul 7, 2021 5:00:49 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Microfinance](https://blog.wakandi.com/tag/microfinance?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en) ##### [The importance of SACCOs in the Kenyan economy](https://blog.wakandi.com/blog/the-importance-of-saccos-in-the-kenyan-economy?hsLang=en) Like other African countries, Kenya has witnessed significant improvements in how people manage their savings and loans. Over the years, saving and credit cooperatives (SACCOs) have gained immense... Jul 2, 2021 4:31:15 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [COVID19](https://blog.wakandi.com/tag/covid19?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [COVID-19 fuelling digital transformation in Africa](https://blog.wakandi.com/blog/covid-19-fuelling-digital-transformation-in-africa?hsLang=en) COVID-19 pandemic and the resulting containment measures have undoubtedly slowed down socio-economic growth. Like the rest of the world, Africa is witnessing unprecedented impacts on the overall... Jun 11, 2021 3:58:44 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en) ##### [Improving women’s digital financial inclusion](https://blog.wakandi.com/blog/improving-womens-digital-financial-inclusion?hsLang=en) Digital financial services combined with affordable technology have expanded opportunities for millions of women worldwide. Financial inclusion in Sub-Saharan Africa has almost doubled from 23% to... Jun 9, 2021 4:40:11 PM