Govt names new Hustler Fund CEO
NAIROBI, Kenya Sept 4 – Henry Tanui has been appointed as the new Chief Executive Officer Financial Inclusion Fund popularly known as the Hustler Fund. Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Kenyan government has appointed Mr. Tanui as the new CEO of the Hustler Fund, taking over from Elizabeth Nkukuu who led the fund since its inception. Tanui, a financial services veteran with over 24 years of experience, aims to optimize collection processes and expand financial literacy initiatives.
- Tanui has over 24 years of experience in financial services, with prior roles at Ecobank and Consolidated Bank of Kenya.
- The Hustler Fund has provided affordable credit to over 26 million Kenyans.
- Over 9 million Kenyans have improved credit histories through the Hustler Fund, enhancing their access to mainstream financial institutions.
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Financial Sector Moves in Kenya: IXAfrica Secures Funding, Bonto Halts Operations, Hustler Fund Appoints New CEO - September 2025
Kenya's financial and corporate landscape has seen several significant events. IXAfrica Data Centre secured up to US$200 million in debt financing from Rand Merchant Bank (RMB) to expand its Nairobi campus for hyperscale and AI workloads. In contrast, Bonto Kenya Money Transfer Limited has suspended its money remittance operations as of August 15, 2025. The company cited mounting market and operational pressures, including narrow margins and rising expenses, as it seeks Central Bank of Kenya approval to wind down. Separately, the Kenyan government has appointed Mr. Tanui as the new CEO of the Hustler Fund. Taking over from Elizabeth Nkukuu, Tanui, a veteran with over 24 years in financial services, will aim to optimize the fund's collection processes.
