Author: David Indeje

The Central Bank of Kenya (CBK) has proposed an overhaul of mobile money pricing, aiming to slash average transaction fees from KSh 23 to KSh 10 by 2028. The move, part of the draft Kenya National Financial Inclusion Strategy (NFIS) 2025–2028, seeks to reignite digital finance adoption and address affordability gaps that have stalled growth in Kenya’s mobile-first economy. “Mobile money is the single most transformative tool for financial inclusion,” CBK stated, noting that high fees have become a barrier for low-income users. Mobile Money Growth Stalls Despite High Volumes Kenya’s mobile money penetration stood at 82.3% of adults in…

Ogechukwu Obi-Benson, professionally known as AfroReekAH, is carving a distinct lane in Nigeria’s music scene with her genre-bending fusion of Afrobeats, pop, and R&B. Hailing from the Southeast, she’s fast becoming a standout voice for emotional honesty wrapped in infectious rhythm. An artist whose sound invites both movement and introspection. Her latest single, WTF, is a groove-driven anthem of rediscovery. AfroReekAH describes it as “a raw, groove-driven track about feeling lost in life’s noise and slowly finding your spark again.” It’s a sonic snapshot of where she is—emotionally and artistically—and a bold invitation into her world. “WTF came from a…

At the Second Africa Climate Summit (ACS2) held in Addis Ababa from 8–10 September 2025, African leaders made a unified statement: Africa is not a passive recipient of climate aid—it is a global hub for climate solutions. The Addis Ababa Declaration, adopted at the summit’s close, sets out a transformative agenda for climate finance, adaptation, and innovation. Key Commitments from the Declaration $50 Billion Annual Climate Finance Push Through the Africa Climate Innovation Compact (ACIC) and African Climate Facility (ACF), leaders pledged to mobilise $50 billion annually to scale 1,000 African climate solutions by 2030. These span energy, agriculture, water,…

In Kenya’s bustling peri-urban neighbourhoods, where reliable internet was once a distant dream, Poa Internet is quietly transforming lives. Founded in 2015, the company delivers affordable Wi-Fi to low-income households, unlocking access to jobs, education, and digital services. Backed by the Boost Africa initiative, a joint effort by the European Investment Bank (EIB) and African Development Bank with support from the European Commission, Poa is proving that inclusive connectivity is not just possible. It is catalytic. “We are not just selling the internet. We are building futures,” says Andy Halsall, Poa’s co-founder and CEO. Before the Boost: Building Infrastructure Without…

In 2024, Watu, a leading asset financier in Africa, financed over 2,000 electric vehicles, enabled access to 1.4 million smartphones, and supported more than 80,000 income-generating assets across seven African markets. These efforts directly impacted over 8 million people, advancing clean mobility, digital inclusion, and economic empowerment on a large scale. The company also avoided 5,483 tonnes of CO₂e emissions, trained more than 20,000 riders and staff in road safety, and surpassed its gender equity targets, with women now representing 38% of customers and over 43% of employees. These milestones headline Watu’s 2024 Sustainability Report, which builds on its inaugural…

Safaricom PLC has announced its most significant M-PESA upgrade since 2015, introducing Fintech 2.0—a next-generation platform designed to boost resilience, expand transaction capacity, and enhance service reliability. The upgrade increases M-PESA’s throughput from 4,500 to 6,000 transactions per second (TPS), with scalability to 12,000 TPS as demand grows. Scheduled Maintenance Set for September 22 To implement the upgrade, Safaricom has scheduled a system migration on Monday, September 22, 2025, from 12:30 am to 3:30 am. During the upgrade, all M-PESA services will be temporarily unavailable. The company has advised customers to plan transactions accordingly and apologised for any inconvenience. Strengthening…