Business

 CLASP and the Global Energy Alliance for People and Planet (GEAPP) have announced a $6.1 million expansion of the Productive Use Financing Facility (PUFF), a catalytic initiative that increases access to energy-efficient and income-generating appliances across Africa. PUFF supports growing businesses, farmers, and communities in Nigeria, Ethiopia and Kenya, to acquire up to 10,000 income-generating
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 The recently presented 2025/26 national budget has drawn attention for its potential to influence household finances in Kenya. In a recent interview, Moses Muthui, Director of Consumer Banking at Absa Bank Kenya, offered insights into how budget measures could directly benefit everyday consumers, and how banks can enable that transition. Kenya’s informal economy remains the
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 Mastercard and enza have announced a partnership to connect fintech companies across Africa to the Mastercard network. The collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. Fintech companies in Africa will now be able to easily access the full
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 Visa has announced that it has appointed Tareq Muhmood as the Regional President for Central and Eastern Europe, Middle East and Africa (CEMEA). Muhmood succeeds Andrew Torre, who was recently appointed as President of Visa’s Value-Added Services business. In his new role, he will be responsible for leading operations across more than 86 innovative and
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