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Originally published by Capital Business
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business
November 17, 2025
11h ago

MyCredit, Enkisoma Africa ink Sh1.2bn private schools financing deal

MyCredit, Enkisoma Africa ink Sh1.2bn private schools financing deal

NAIROBI, Kenya, Nov 17 - MyCredit Limited has signed a KES 1.2 billion Memorandum of Understanding (MOU) with Enkisoma Africa Limited to finance and Kenya breaking news | Kenya news today |..

✨ Key Highlights

MyCredit Limited and Enkisoma Africa Limited have signed a KES 1.2 billion Memorandum of Understanding (MOU) to finance and accelerate digital transformation in private schools across Kenya. This partnership aims to overcome the high upfront costs associated with adopting digital tools in education.

  • Most important fact or figure from the article: The agreement involves a Sh1.2 billion commitment from MyCredit to provide schools with digital infrastructure.
  • Key person or organization involved: Wangaruro Mbira, Managing Director of MyCredit, highlighted the Kuza Elimu product designed to remove financial barriers for digitization.
  • Notable detail that adds context: A pilot program involving 150 private schools will kickstart the initiative to deepen digital adoption nationwide.

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