Business & Economy2 stories

Kenya's Business Challenges and Innovations

High costs and informality hinder Kenya’s business capital growth, while Absa launches a shariah-compliant mobile banking platform.

📰 Coverage & Analysis

High costs and informality hinder Kenya’s business capital growth, AfDB

Analysis: African Development Bank (AfDB) reports that systemic challenges such as high informality and costly business practices hinder Kenya’s business capital growth, particularly affecting micro, small, and medium enterprises (MSMEs).

Capital Business•3mo ago

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Absa launches Kenya’s first shariah-compliant mobile banking platform

Analysis: Absa Bank Kenya has launched La Riba Timiza, the country's first fully Shariah-compliant mobile banking platform, aimed at enhancing financial inclusion within the growing Islamic finance market.