Tag: SMEs

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Mastercard Commits To Add 1bn people, 50m small units to digital economy BY 2025

Building on the Covid-19 response, Mastercard is also announcing its new worldwide commitment to financial inclusion. The company is pledging to bring a total of...

COVID-19: KEPSA and Jumia launch Digital Commerce Program to support Kenyan businesses

Kenya Private Sector Alliance (KEPSA) has partnered with e-commerce leader Jumia to register and train local businesses to sell online. Through the Digital Commerce...
Standard Chartered

Standard Chartered commits $1B to finance companies helping tackle Covid-19

Standard Chartered has announced that it will commit USD1 billion of financing for companies that provide goods and services to help the fight against...
SMEs

CDC Group to invest £2 billion in African businesses over the next two years

CDC Group is to commit a further £2bn into African businesses over the next two years, as it looks to double the size of...

African Guarantee Fund receives $33M financing to support African SMEs

Africa’s leading Guarantee Institution, African Guarantee Fund (AGF) has received an additional USD 33M financing from German lender KfW Development Bank. The financing is...

Standard Chartered Bank lends KShs 6.3bn to SME in 9 months

Standard Chartered Bank says injected KShs 6.3 billion in direct and indirect lending to Micro, Small and Medium enterprises (SME) in 9 months to...

More local SMEs need to start selling online, says Jumia Kenya MD Sam Chappatte

Kenya has for a long time been ranked among the African countries that are dominating the e-commerce sales. E-commerce has helped jump-start SMEs and...
Nikki Summers, Director, Sage One in East and West Africa

[Column] The fourth industrial revolution could spark a wave of small business innovation in...

As a business owner, you may have seen technology and business publications use the term 'Fourth Industrial Revolution' and 'Industry 4.0' lately. Don't dismiss this...

FasterCapital seeking to fund startups in Kenya

On the 11th July 2019; more than 20 African countries brought into effect what is going to be the largest Free Trade Area in...

WorldRemit launches new product for SMEs payments to Kenya

Kenyan entrepreneurs and contractors selling goods and services to small and medium-sized enterprises (SMEs) in the U.K. can now receive payments faster and more...

Bizna Kenya’s 2019 SME Awards winners announced

Best performing small and medium-sized businesses were feted in Nairobi during the inaugural Bizna Annual SME Awards 2019 gala night. Expeditions Maasai Safaris, a tours...
Bizna Kenya's 2019 SMEs Awards nominees announced

Bizna Kenya’s 2019 SMEs Awards nominees announced

Bizna Kenya has today announced the nominees for the upcoming inaugural SMEs Awards with several businesses contending for top honours in various categories. Bizna Annual...
SMEs

World Bank allocates US$200 Million to support SMEs in Egypt

The World Bank has approved the allocation of $200 million to support SMEs in Egypt. The fund will focus on expanding the amount and...
Telkom Kenya's new cloud-based fixed voice service will enable SMEs and corporates outsource for robust and secure cutting-edge technology.

Telkom Launches Cloud-based Voice Services for Enterprise Customers

Telkom has introduced a new cloud-based fixed voice service that will allow SMEs and corporates to outsource for robust and secure cutting-edge technology. Dubbed “Omniconnect”,...

Beyond Baling Innovation Challenge looking for solutions to manage plastic waste

Coca-Cola, Trash Thread Textile and PETCO have launched the Beyond Baling Innovation Challenge (BBIC) for University students, SMEs and the Jua Kali sector to...
SMEs

SMEs at risk of digital exclusion, says ICAEW

The Institute of Chartered Accountants in England and Wales (ICAEW) has warned that smaller businesses could be excluded from world government’s plans to make...
SMEs

CDC announces new investment to support high-growth SMEs in Nigeria

CDC, the UK’s development finance institution, has announced a new investment designed to support high-growth SMEs in Nigeria. CDC has made a US$15 million commitment...

The Opportunity Cost of Doing Business for SMEs in Africa

The African economy has gathered momentum over the years, with an estimated increase of 3.8% of the real output growth in 2017. As the...

The importance of social media web, designs and their impact on small businesses

The internet is a heavily contested place for any business owner, either big or small. If you are a business owner, then you must...

World Bank Injects Ksh.5 Billion To Support Kenyan SMEs

In a major development, the World Bank has today announced that it has injected Ksh. 5 billion to support Kenya's Small and Medium Enterprises (SMEs)....
Cybercriminals Attack Cloud Server Honeypot Within 52 Seconds of going live, Sophos Report

SMEs Should Partner with Cyber Security Specialists to Prevent Loss of Billions

Imagine waking up one beautiful Monday only to realize that your website has been hacked. Your online accounts, your most precious work and even...

African SMEs Set to Benefit from USD 74M Guarantee

The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has today entered into a re- guarantee transaction with GuarantCo that will see African...

Logistics marketplace firm Bwala Africa Group launches its in Kenya to connect vehicle owners...

Logistics marketplace Bwala Africa Group has launched its operations in Kenya. The company joins the of logistics marketplaces in the country like Sendy and...

New technologies Boosting SMEs Profits in Kenya

A couple of weeks ago, a friend sent me a very interesting article on Kenya’s paradigm shift in technology. The article talks about how...

Opinion: Intellectual Property is just that, property

Intellectual property (IP) is as vital to the lifeblood of the small business as it is to the enterprise. The World Intellectual Property Organisation...

Infographic: The Benefits of Enterprise Resource Planning (ERP) for SMEs

There's never been any doubt about how much almost any business can benefit from an ERP (Enterprise Resource Planning) system in their business. For...

Kenyan SMEs leverage e-commerce to compete with the big boys

80% of the products on online retailer platform Jumia are from accredited small businesses (SMEs), the company has revealed. This number grew by 45%...

Opinion: Why startups must know their playing field

The startup scene in Africa is rapidly growing with so many start-ups coming up with great ideas that will change the continent. Most of...

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24Bit Podcast Episode 22: Video Chat Apps – The new normal...

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