Britam's innovation hub, Betalab, has invested Sh5 million in fintech startup Oye to enhance insurance access for boda boda riders in Kenya.

• Sh5 million investment aimed at closing financial protection gaps for riders.
• Evah Kimani, Director of Partnerships and Digital at Britam, emphasizes the focus on protecting daily earners.
• More than 20,000 insurance covers issued and 45 claims processed to date, indicating strong demand.

Japan registered a trade deficit primarily due to a sharp decline in auto exports to the United States.

• Japan’s total exports fell **1.7 percent** year-on-year to **8.135 trillion yen**.
• Exports to the U.S. dropped **11.1 percent**, marking the second consecutive month of decline.
• Automobile exports to the U.S. plummeted **24.7 percent**, largely influenced by U.S. tariffs on vehicles and other goods.
• Meanwhile, imports decreased **7.7 percent** year-on-year to **8.7726 trillion yen**, attributed to lower crude oil and coal prices.