--- title: Wakandi updates | Technology description: Technology | Our vision is to be the global leader in creating equal financial opportunities. Follow us on our journey. --- 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 [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Digitization](https://blog.wakandi.com/tag/digitization?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en), [Financial Inclusion](https://blog.wakandi.com/tag/financial-inclusion?hsLang=en) ##### [The Significance of Digitizing the Informal Space in Africa](https://blog.wakandi.com/the-significance-of-digitizing-the-informal-space-in-africa?hsLang=en) Introduction: Understanding the Informal Space and its Importance in Africa In many countries around the world, the informal sector plays a significant role in their economies, often accounting for... Jul 19, 2023 10:44:41 AM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology) ##### [Promoting membership growth and collaboration for SACCOs](https://blog.wakandi.com/blog/promoting-membership-growth-and-collaboration-for-saccos?hsLang=en) Savings and credit cooperatives in Kenya have been connecting millions of people to provide affordable financial services. These members are responsible to deposit savings and applying for loans as... Jan 19, 2022 9:53:29 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Microfinance](https://blog.wakandi.com/tag/microfinance?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [Women](https://blog.wakandi.com/tag/women?hsLang=en) ##### [How can technology enable microfinance institutes to empower women](https://blog.wakandi.com/blog/how-can-technology-can-enable-microfinance-institutes-to-empower-women?hsLang=en) Financial services combined with affordable technologies and digital systems have expanded opportunities for millions of people in Africa. Many African countries are recognizing the importance of... Dec 30, 2021 10:12:59 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Tanzania](https://blog.wakandi.com/tag/tanzania?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology) ##### [Digitization to meet changing preferences of SACCOs](https://blog.wakandi.com/blog/digitization-to-meet-changing-preferences-of-saccos?hsLang=en) The savings and credit cooperative societies have made significant progress in money lending since their inception. They have been providing savings and credit services to their members, making... Dec 22, 2021 9:50:17 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Fintech](https://blog.wakandi.com/tag/fintech?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology) ##### [How technology is shaping Africa’s informal finance](https://blog.wakandi.com/blog/how-technology-is-shaping-africas-informal-finance?hsLang=en) 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... Dec 8, 2021 9:57:36 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [Digital](https://blog.wakandi.com/tag/digital?hsLang=en) ##### [Kenya’s SACCOs may prevent fraud with digital transformation](https://blog.wakandi.com/blog/kenyas-saccos-may-prevent-fraud-with-digital-transformation?hsLang=en) 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. Dec 1, 2021 9:23:03 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [Digital](https://blog.wakandi.com/tag/digital?hsLang=en) ##### [Re-imagining finance in Kenya after the pandemic](https://blog.wakandi.com/blog/re-imagining-finance-in-kenya-after-the-pandemic?hsLang=en) 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... Nov 10, 2021 8:31:49 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [IFGs](https://blog.wakandi.com/tag/ifgs?hsLang=en), [Digital](https://blog.wakandi.com/tag/digital?hsLang=en) ##### [Why SACCOS in Kenya should focus on employment and digital skills?](https://blog.wakandi.com/blog/why-saccos-in-kenya-should-focus-on-employment-and-digital-skills?hsLang=en) 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,... Nov 3, 2021 9:50:05 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), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [Women](https://blog.wakandi.com/tag/women?hsLang=en) ##### [Women in tech are accelerating digitization in Africa](https://blog.wakandi.com/blog/women-in-tech-are-accelerating-digitization-in-africa?hsLang=en) 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... Oct 22, 2021 9:09:21 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology) ##### [A look at the future of SACCOS in Kenya](https://blog.wakandi.com/blog/a-look-at-the-future-of-saccos-in-kenya?hsLang=en) 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... Oct 13, 2021 8:59:18 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), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology), [IFGs](https://blog.wakandi.com/tag/ifgs?hsLang=en), [COVID19](https://blog.wakandi.com/tag/covid19?hsLang=en) ##### [How technology can help SACCOS in post-pandemic recovery](https://blog.wakandi.com/blog/how-technology-can-help-saccos-in-post-pandemic-recovery?hsLang=en) 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... Oct 6, 2021 5:09:28 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Technology](https://blog.wakandi.com/tag/technology) ##### [How can monitoring loans minimize financial challenges for SACCOS](https://blog.wakandi.com/blog/how-can-monitoring-loans-minimize-financial-challenges-for-saccos?hsLang=en) 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... Sep 29, 2021 4:21:22 PM