Kenya licenses 42 digital lenders: what it means for credit markets in Africa
Kenya’s licensing of 42 new digital lenders signals a major shift in how credit markets across Africa are evolving. By bringing more players into a regulated framework, the move aims to improve transparency, protect borrowers, and expand access to formal credit. But it also raises important questions about competition, risk management, and market saturation. For lenders across the continent, this development offers both a blueprint for regulation and a reminder that sustainable growth depends not just on scale, but on trust, compliance, and responsible lending practices.
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What factors affect loan interest rates?
But here's the thing: interest rates aren't plucked out of thin air. Many factors shape them. Things you and I might not think about when we're in the heat of the moment.