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TransUnion & FICO partner to launch enriched credit scoring for the Kenyan market

 TransUnion Kenya and FICO have announced a partnership that will see enriched credit scoring for the Kenyan market. The two new solutions at the heart of this partnership are TransUnion’s CreditVision Variables solution and the FICO Score. Together, they address critical challenges in risk assessment and financial inclusion. CreditVision Variables provides an enhanced view of
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Ethiopia partners with ATIDI to support PPP renewable energy projects

 Ethiopia has signed an Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI) to accelerate Ethiopia’s transition to clean energy by attracting foreign investment into renewable energy projects. This will be through ATIDI’s Regional Liquidity Support Facility (RLSF). RLSF is a liquidity support mechanism developed by ATIDI in partnership with KfW Development Bank
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Visa customers can meet legendary football manager Pep Guardiola in new partnership

 Visa has announced a new partnership with legendary football manager Pep Guardiola. As part of the two-year collaboration, Visa cardholders and football fans will have the opportunity to benefit from exclusive experiences that will be offered through banking partners. The widely celebrated coach, known for his leadership of prominent football clubs such as Barcelona, Bayern
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Home internet charges for various companies in Kenya

 The number of internet service providers in Kenya is increasing day by day as demand for internet services soar. The high network coverage has been helped by the high mobile penetration in the country with data from the Communication Authority of Kenya (CA) showing that mobile phone devices connected to mobile networks stood at 62.9
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Otieno Ototo: Man exposed in Sh13bn Kuscco fraud demands Sh120mn

 The former chief executive officer of the Kenya Union of Savings and Credit Co-operatives (Kuscco) George Otieno Ototo is demanding up to Sh120 million that he says will enable him to enjoy a peaceful retirement. The irony in this demand is that Otieno Ototo is a prime suspect in what has been termed by detectives
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Diamond Trust Bank shares rise to one-year high of Sh83.25 on NSE

 The Diamond Trust Bank shares have hit a 52-week high on the Nairobi Securities Exchange (NSE). At the close of trading on Tuesday, the shares gained 2.63 percent to close the day’s trading at Sh78 per share. However, during the day’s trading session, the shares hit a one-year high of Sh83.25 apiece. Over the past
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How agency banking is transforming financial inclusion

 By Mxolisi Msutwana, Managing Director, Anglophone West Africa, Onafriq The journey toward financial inclusion begins with trust. For individuals unfamiliar with formal financial systems, having low-cost and reliable ways to deposit and withdraw money — cash-in, cash-out (CICO) services — is essential. These accessible solutions build confidence, encouraging people to store money in digital formats and
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12th Sankalp Africa Summit scheduled for Feb 27-28 in Nairobi

 The 12th Sankalp Africa Summit is scheduled for February 27-28, 2025 in Nairobi, Kenya. The summit will spotlight investment, innovation, and sustainability, aiming to unlock funding for African startups through live deal rooms, pitching sessions, and investor matchmaking. More than 400 startups will participate, gaining access to global markets, financing opportunities, and mentorship. The 2025
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Need a loan?: Does qualifying for loan mean you can afford it?

 Have you ever been called by your bank or Sacco, who informed you that you qualify for a loan, and they persuaded you into taking it? If yes, or even if not, then this article is for you. It is not uncommon for banks and other financial institutions to reach out with enticing loan offers
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Toyota by CFAO to invest Ksh. 33 Million in the 2025 WRC Safari Rally

 Toyota by CFAO has confirmed that it will invest Ksh. 33 million in the 2025 WRC Safari Rally which will take place in Naivasha next month. This marks the fifth consecutive year that CFAO Mobility Kenya has supported the rally as the official transport partner. The sponsorship includes the provision of one Toyota GR Hilux
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