farmers affordable credit Stories

Agriculture CS Kagwe calls for affordable credit and real investment in Kenyan farmers
Lucy Mumbi  |  Nov 27, 2025

Kagwe argued that conventional lending models and donor interventions often fail because they do not address the realities farmers face on the ground.

What’s at stake in the COP30 negotiations?
UN News  |  Nov 21, 2025

With the planet heating at record speed and climate disasters intensifying, cutting emissions and adapting to impacts dominate the agenda.

Senegal’s credit rating: Why Moody’s latest downgrade was questionable
The Conversation  |  Nov 19, 2025

Credit ratings are supposed to guide investors, not govern economies through certain policy inclinations. But in Africa’s case, they often do both.

UN warns global climate adaptation funds running dangerously low
Maureen Kinyanjui  |  Oct 30, 2025

While many nations are improving their climate adaptation plans, UNEP warns that the funding gap continues to widen at an alarming rate.

Kenya least vulnerable to fraud in East Africa but still among world’s riskiest - report
Bashir Mbuthia  |  Oct 22, 2025

According to the report, released on Tuesday by global identity verification firm Sumsub and Statista, Kenya performed slightly better than its region...

Kenya steps up sovereign credit reforms with plans to create rating committee
Alfred Onyango  |  Oct 07, 2025

The proposed committee will institutionalise a coordinated national approach to credit ratings, fostering structured, proactive engagement with credit...

CBK threatens daily penalties as eight banks defy lending rate cuts
Maureen Kinyanjui  |  Oct 02, 2025

Only six institutions: Citibank N.A. Kenya, Absa Bank Kenya, Credit Bank, Standard Chartered Bank Kenya, Stanbic Bank Kenya and Victoria Commercial Ba...

Citibank leads with lowest lending rate at 10.85 per cent in August rankings
Charity Pancras  |  Oct 01, 2025

Ecobank Kenya and Guardian Bank charged 12.96 per cent and 13.63 per cent, respectively, still below many other institutions.

Thousands at risk of loan defaults as employers fail to remit Sh4.2 billion to Saccos
Maureen Kinyanjui  |  Sep 27, 2025

Deposit-taking Saccos, which dominate the industry with over 80 per cent of assets, loans, and deposits, showed improved financial strength.

83 per cent of Kenya’s microloans under Sh1,000 go unpaid, says CBK
Maureen Kinyanjui  |  Sep 13, 2025

CBK statistics show that default rates drop as the size of the loan increases, with loans between Sh1,000 and Sh5,000 showing a 69.4 per cent non-perf...

CBK licenses 27 more digital lenders in bid to boost consumer protection
Lucy Mumbi  |  Sep 04, 2025

The licensing brings the total number of regulated digital credit providers (DCPs) to 153, following the approval of 41 additional providers in June 2...

CBK revises credit pricing model, adopts new benchmark rate for loan pricing
Lucy Mumbi  |  Aug 26, 2025

CBK said starting September 1, 2025, all new variable rate loans will be priced under the new framework, while existing variable rate loans will shift...

Kenya’s credit rating upgraded to ‘B’ as investor confidence grows
Alfred Onyango  |  Aug 23, 2025

The new rating comes with a stable outlook, indicating growing confidence in Kenya’s ability to meet its debt obligations amid better access to intern...

From sea ice to ocean currents, Antarctica is now undergoing abrupt changes
The Conversation  |  Aug 21, 2025

The stakes could not be higher. The choices made now will determine whether we face a future of worsening impacts and irreversible change or one of ma...

CBK targets rogue lenders with new draft regulations, seeks public feedback
Rachael Mutabasi  |  Aug 07, 2025

The proposed rules address key areas such as transparency in loan agreements, responsible use of customer data, effective complaint resolution, and fa...

Kenyan communities speak out as Verra moves to reform controversial carbon credit system
Mary Wambui  |  Aug 06, 2025

Chief Justice Martha Koome has emphasised the need for courts to remain alert when dealing with land and carbon rights, ensuring communities benefit f...

Somalia’s climate crisis demands global action, says IOM
Mary Wambui  |  Aug 02, 2025

IOM Deputy Director General Ugochi Daniels said the people of Somalia are living through some of the harshest impacts of the climate crisis, which is...

Historic climate change ruling from the International Court of Justice: What it means for Africa
The Conversation  |  Jul 31, 2025

The advisory opinion said governments must take appropriate measures to prevent environmental harm. This means that states are obliged to implement pr...

KDF introduces controlled meal payments to curb loan collateral use
Lucy Mumbi  |  Jul 21, 2025

The move follows concerns that some officers missed meals after using the funds to secure loans

AfDB: Kenyan women left behind in green energy transition amid Sh96 billion financing gap
Alfred Onyango  |  Jul 20, 2025

According to the AfDB, women in Kenya face a significant financing gap that hinders their ability to fully participate in and benefit from the renewab...

Economic hardships, not just high interest rates, driving digital loan defaults among Kenyan youth
Alfred Onyango  |  Jul 10, 2025

Despite their current challenges, most respondents said they do not intend to default permanently, expressing fear of being blacklisted by the Credit...

Kenya slumps in green energy transition, falls 18 places in global rankings
Alfred Onyango  |  Jul 09, 2025

The 2025 Index places Kenya at position 88 globally out of 118 surveyed countries, down from last year’s rank of 70. ETI score has also declined from...

CBK: Gaps in digital lending sector fuel risk of money laundering, terror financing
Lucy Mumbi  |  Jul 07, 2025

While 71 per cent of digital lenders screen their customers against global sanctions lists and 62.7 per cent offer some form of staff training, only 4...

Africa’s new credit rating agency poised to reshape the financial landscape — Here’s how
The Conversation  |  Jun 08, 2025

Opening the rating committee to public view signals a shift in financial power, aiming not just for fairer ratings but for a more just model of global...

CBK expands list of licensed digital lenders as review of 700 applications continues
Lucy Mumbi  |  Jun 05, 2025

In a statement on Thursday, CBK said the approvals are part of an ongoing review of over 700 applications it has received since March 2022.

Three suspects detained in Sh10.4 million Safaricom Sacco fraud case
Carolyne Kubwa  |  May 30, 2025

Kaburu was arrested in May 2025 at a mall parking lot in Nairobi, while Ombogo and Mugambi were arrested in a lodge at the Namanga border.

Kenya’s loan defaults surge to Sh717.5bn as banks intensify recovery efforts amid financial strain
Lucy Mumbi  |  May 26, 2025

The CBK survey revealed that banks plan to ramp up loan recovery efforts in eight of the 11 economic sectors and maintain the current pace in the rema...

Building Kenya’s financial future: Wealth through smart saving and spending
Margaret Wanjiru  |  May 26, 2025

According to Thakar, the antidote to lifestyle creep is developing a disciplined financial mindset focused on delayed gratification and prioritising l...

Mandera eyes carbon credits to boost climate action, sustainable development
Issa Hussein  |  May 04, 2025

The county government noted that due to the region's high vulnerability to climate change, it is intensifying its efforts through its greening program...

IMF urges Kenya to balance loans acquisition with sound economic policies
Charles Adinda  |  Mar 14, 2025

Teferra reaffirmed the IMF's commitment to deploy the Extended Fund Facility, Extended Credit Facility and Rapid Credit Facility programmes to support...

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