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The COVID-19 pandemic has pushed an additional two million Kenyans into poverty. Health shocks are particularly devastating for low-income households, most of which lack access to insurance and hardly save towards such eventualities due to a myriad of competing daily priorities.

This document has been developed to provide a review of the regulatory framework for data protection in Kenya. The report takes a broad view of what constitutes the regulatory framework, going beyond the Data Protection Act, 2019 (DAPA) to include the European General Data Protection Regulation (GDPR) and the California Consumer Protection Act (CCPA).

The FSD Kenya’s 2021 7th Annual Lecture focused on Digitalisation and emerging economic development models in Africa: The role of fintech. 

The COVID-19 pandemic, termed ‘the Great Disruption’ hit the global economy in 2020 and was defined by divergent impact within and between economies. 2021 is already being defined by multispeed and divergent recovery in the global and local economies.

The year 2020 will undoubtedly go down in history as the point in time when COVID-19 paralysed the world.

This year’s lecture titled “Financing Kenya: 2020 hindsight for Vision 2030” was delivered by Dr. David Ferrand. David is a long-time observer of the Kenyan financial sector. He played a key role in FSD Kenya’s inception nearly 20 years ago and served as its director until June 2019.

On 19th November 2019, the 5th FSD Kenya Annual Lecture took place at the University of Nairobi’s Chandaria Auditorium. Dr David Ferrand, a long-time observer of the Kenyan financial sector and former FSD Kenya director was the speaker at this year’s event.

On the 5th of September 2019, the Financial Sector Deepening (FSD) Kenya and the Consultative Group to Assist the Poor (CGAP), held a stakeholder validation workshop in Nairobi, where they presented the findings of a research study that identified seven key financially underserved segments of the Kenyan population and discussed the potentially viable business cases and policy implications that financial market players could tap into.

Financial Sector Deepening (FSD) Kenya is pleased to announce that Anzetse Were has joined the team as Economist, effective September 2019.

FSD Kenya’s 2018 experiment with Apollo Agriculture illustrates how to start from a real economy problem and then innovate a suitable financial solution that helps unlock real value.

The 4th FSD Kenya Annual Lecture took place on 8th November 2018 at the Chandaria Center for Performing Arts, University of Nairobi Towers.

FSD Kenya carries out research excursions across the country to obtain perspectives of ordinary Kenyans regarding finance, financial services and how the financial system has impacted their livelihoods.

Kenya has experienced tremendous improvements in access to financial services over the last few years. However, little is known about the trends in affordability of financial services, especially for low-income earners.

I spent a week in Kenya, courtesy of Financial Sector Deepening, an initiative of a number of aid agencies, including Britain’s Department for International Development, the Swedish government, and the Gates Foundation. 

Flexipay is a blended financing concept, designed to help low-income families meet large financing needs, like school fees.

During his visit for the FSD Kenya 3rd annual lecture, John Kay visited Haki Group, a Self Help Group registered in 2002 but graduated to a Community Based Organization in 2005 to mitigate the effects of HIV/AIDS in Kibera.

Over the past 10 years, FSD Kenya has worked to support the development of financial inclusion in Kenya. In 2015, we launched a series of annual public lectures on financial inclusion.  Our aim is to stimulate debate on this subject and its place in the long-term vision for the financial sector in Kenya.

Just what is finance for?

On Wednesday 8th February 2017, John Kay met with 18 financial sector industry leaders to discuss this question and the future of finance in Kenya.

During his delivery of the 3rd FSD Kenya annual lecture on financial inclusion, John Kay argued that the challenge for emerging economies is to avoid the mistakes of the west and to instead focus on building a financial sector that is focussed on the core needs of the non-financial economy.