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Originally published by The Standard Business
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August 4, 2026
3h ago

Asset financier injects Sh44 billion in new investments in Kenya's economy

Asset financier injects Sh44 billion in new investments in Kenya's economy

Financier, Mogo Kenya, has injected more than Sh44 billion into Kenya's economy over the past seven years, supporting more than 500,000 Kenyans in accessing productive assets...

✨ Key Highlights

Mogo Kenya, a regional financier of motorcycles and smartphones, has injected over Sh44 billion into the Kenyan economy over the past seven years, supporting more than 500,000 Kenyans in acquiring productive assets.

  • Mogo Kenya has disbursed loans totaling approximately $300 million (about Sh44 billion) since 2019.
  • The financing primarily supports Kenya's informal sector, enabling entrepreneurs to generate income and grow businesses.
  • A new report highlights the significant economic contribution of the boda boda industry, generating an estimated Sh660 billion annually and supporting 2.5 million livelihoods.

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