SMEs
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News
Visa launches new initiative to support Small Businesses in Kenya
Visa has launched a new initiative to support support small businesses in Kenya. The “Where You Shop Matters’ initiative seeks…
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BUSINESS
Ngao Credit: How SMEs can benefit from Our Jijenge loan product
The coronavirus pandemic is hitting the global economy hard. While it is hard to exactly tell the extent the damage…
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BUSINESS
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…
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News
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.…
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BUSINESS
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…
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Startups
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…
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Startups
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…
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News
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)…
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BUSINESS
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…
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COLUMNS
[Column] The fourth industrial revolution could spark a wave of small business innovation in East Africa
As a business owner, you may have seen technology and business publications use the term ‘Fourth Industrial Revolution’ and ‘Industry…
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Startups
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…
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BUSINESS
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…
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BUSINESS
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.…
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BUSINESS
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…
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Startups
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…
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News
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…
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Startups
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…
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BUSINESS
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…
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Startups
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…
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COLUMNS
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…
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News
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…
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CYBER SECURITY
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…
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BUSINESS
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…
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BUSINESS
Logistics marketplace firm Bwala Africa Group launches its in Kenya to connect vehicle owners and mechanics to clients
Logistics marketplace Bwala Africa Group has launched its operations in Kenya. The company joins the of logistics marketplaces in the…
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BUSINESS
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…
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BUSINESS
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…
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News
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…
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BUSINESS
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…
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Startups
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…
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