Pesapal has partnered with RACK to launch an integrated Point of Sale (POS) solution aimed at transforming sales and payment processes for small businesses in Kenya, Uganda, and Tanzania.

• Over **30 million** SMEs in East Africa largely rely on outdated manual systems.
• Agosta Liko, CEO of Pesapal, stated, "This partnership is about powering Africa’s next generation of business leaders."
• The solution includes features like inventory management, smart payments, and real-time visibility to facilitate better business operations.

Absa Bank Kenya has partnered with Visa to launch the Absa Business Credit Card, aimed at transforming financing for Micro, Small, and Medium Enterprises (MSMEs) in Kenya.

• KES 450 billion pledged by Kenyan banks for MSME financing over the next three years.
• Hon. Susan Mang’eni, Principal Secretary for MSME Development, described the launch as “monumental.”
• The card offers 20 to 50 days of interest-free credit to help improve cash flow for businesses.