Kenyan Wall Street | by Eunniah Mbabazi
The AfDB (African Development Bank) has approved two grants amounting to $1.3 million to Pula Advisors Kenya Ltd and M-Kopa Kenya Ltd; both financial technology firms. The funding seeks to empower research, which will increase African women’s access to a range of digital financial services, including loans and micro-insurance.
The grants, $1 million for Pula and $300,000 for M-Kopa, will be disbursed through the Africa Digital Financial Inclusion Facility (ADFI), a blended finance vehicle supported by AfDB.
Pula will use the $1 million to research social, cultural and economic factors that…
