This presentation explores the link between social security and inclusive growth in the context of Kenya’s informal sector.
The expansion of Kenya’s informal economy since the 1990s presents growing challenges for policy makers concerned to ensure that Kenya’s growth is both robust and inclusive.
Sustainable finance is becoming an increasingly important form of finance for Africa. Key to anchoring sustainable finance effectively is understanding related disclosures and standards.
This presentation unpacks how the intersection of innovation, fintech and sustainable finance reporting and disclosure standards are creating an interesting future of supervision and regulation for financial sector.
FSD Kenya partnered with Virtual City to better understand the value chains of fresh produce in Nairobi. The purpose of the assignment is to understand the operations of the packhouses by answering questions about finances, market information, constraints, barriers, and opportunities.
The performance of the global economy continues to be defined by the COVID-19 pandemic with the war in Ukraine worsening the outlook for the world economy and Africa. For Africa ,the war in Ukraine will exacerbate food insecurity, increase fuel and food production costs, and push up the cost of living. Key global risks include the emergence of new COVID-19 variants which could prolong the pandemic and induce renewed economic and supply chain disruptions, energy price volatility, and high uncertainty around inflation and policy paths.
Kenya’s progress on inclusive financial sector development over the past five years places Kenya at the front of the curve relative to its peers. But beneath its headline success story, falling financial health and growing disparities in financial usage point to underlying challenges that compromise the ability of financial inclusion to deliver on its promise for inclusive and sustainable growth.
Among the Kamba of Kitui the domains of resource exchange and ‘saving’ include everyday Kamba terms (e.g. mukilye (uplifting)) that are ideologically charged . Characteristically, they entail implicitly understood Kamba values and norms of behaviour that are generally identified with among the Kamba of Kitui.
FSD Kenya partnered with the Overseas Development Institute’s program on Supporting Economic Transformation (SET) to research and better understand Kenya’s trade relationship with a focus on exports.
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 FinAccess Household Survey, commonly referred to as FinAccess, is a series of surveys jointly conducted by the Central Bank of Kenya (CBK), the Kenya National Bureau of Statistics (KNBS) and FSD Kenya every two to three years to establish the level of financial inclusion, as well as to measure the drivers and usage of financial services in Kenya.
Globally, fifty-six percent of the unbanked adults are women. In Kenya, the situation is similar. More women are unbanked, in comparison to men. Various steps have been undertaken to address the financial exclusion of women, and though the gender gap has been narrowing over time, it persists.
FSD Kenya in partnership with the Kenya National Bureau of Statistics and the Central Bank of Kenya and FSD Kenya ran a survey of micro businesses (MSEs) to track the impacts of COVID-19 on this population. Based on a sample of microbusinesses drawn from the FinAccess 2019 household survey, the survey tracked key metrics such as business revenue, customer flow, employment, use of finance and challenges faced by MSEs between February 2020 (before the pandemic) and July 2021.
This research seeks to unearth the financial needs and demands of urban female retail traders in Kenya by exploring how their financial needs are being met, through which instruments, and in turn, where the opportunities lie to drive improved or increased access to financial products.
The creative sector sub-sectors such as crafts, design, film/ motion picture, music/sound recording, Kenyan market hosts a vibrant, varied with creatives in multiple performance arts, photography, visual art among others. Creative enterprises play a unique role in building cultural cohesion, expressing cultural identity, as well as being an important source of jobs and export earnings. Creative enterprises in Kenya are primarily informal with little incentive to register their operations.
In May 2017, a special focus in The Economist likened data to the fuel of the future, noting that “data are to this century what oil was to the last one: a driver of growth and change” predicting that the largest conglomerates of the future will be data-driven firms like Google, Tencent, Amazon, and so on, in much the same way the previous century’s oil and manufacturing conglomerates defined the industrial revolution.
In Kenya, divergence trends continue with macroeconomic resilience masking sustained inequalities and divergence in recovery. On one hand, inflation remains reasonable; export performance has been relatively strong (especially relative to other African countries); diaspora remittances have been robust; and the mobile money sector has demonstrated sustained resilience and growth.
FSD Kenya implemented a four-year pilot graduation project targeting beneficiaries of the Hunger Safety Net Programme (HSNP) in Laisamis Sub County (Laisamis, Gudas, Logologo, Korr, Merille, Irrir), which provides a bi-monthly cash transfer of Ksh 5,400 (about US$ 54).
It is hard to believe it has been more than a year since the first COVID-19 case was confirmed in Kenya, forcing us to make many unanticipated adjustments about the way we worked.
Most significantly, we had to shift to remote working. One year down the line, I am immensely proud of our team for staying the course so far and maintaining our momentum despite the disruption of COVID-19.
Kenya’s credit information sharing (CIS) mechanism has been under development for ten years now since the formal launch in July 2010. Anchored in the Banking Act, the mechanism was primarily
established for institutions licensed under the Banking Act.