Tag Archives: Fund Your Business

This may seem obvious–everyone knows you can go to the bank and get a loan to fund your brilliant new business idea. The reality is that unless your idea becomes incredibly successful you will be paying off the interest from your loan and your profit margins may as a result, be ...

Getting financing for business in Kenya can be hard for many people considering the amount of paper work and bureaucracy you have to go through to getting a loan.

The much awaited Uwezo Fund seem to be progressing in the right direction as the Ministry of Devolution and Planning announced that they are embarking on a 2-day training workshop that will see members of the Constituency Uwezo Fund Management Committee being trained.

Ecobank Kenya has recorded a growth in profits-after-tax of more than 200 percent in the first quarter of 2014 compared to the same period last year. The banks post-tax profits grew to Ksh27 million from a Ksh8 million the previous year. 

88mph, a seed investor and accelerator operating in Nairobi, Cape Town and Lagos, is hosting this year’s Cape Town Investor Day at Crossley & Webb’s vintage car showroom. In February, seven startups received investment from 88mph and have been hard at work over the past 10 weeks.

All startups need to learn that in order to have a success business, they need to dream BIG but start small. I have seen many businesses that have started BIG but find themselves struggling to sustain itself and hence they close down. Here are some of the reasons why you should ...

Chase Bank has today sealed a risk sharing agreement with the French Development Agency (AFD) to offer up to EUR 2 million (Kes 230Million) in loans, to Small and Medium Enterprises (SMEs) on a portfolio guarantee basis.

Chase Bank has just launched their Mfukoni App that will create convenience for it’s customers. Here is a review on some of its functionality and what this means to you. 

Last year Jubilee Government announced that they will release Ksh. 6 Billion as part of the Uwezo Fund to help finance business for youth and women entrepreneurs.

88mph, an early stage fund and three month accelerator program recently held its Investor Day in Nairobi, Kenya. A successful event that hosted 70 local investors, that were buzzing around the startups looking for their next investment opportunity.