Nana Opoku Agyeman-Prempeh

Kenneth Milanzi, Head of Stakeholder Engagement at ABSA, sparked the stage with an energizing message, reminding us that sustainability is not just a value, it is a strategy. He challenged us to see project management as a vehicle for purpose-driven work that delivers long-term social impact 🌱. Kenneth emphasized that sustainability must be embedded in how we lead, plan, and deliver projects. It is about aligning business objectives with societal needs and ensuring that the work we do today creates lasting value for the future. From climate-conscious initiatives to inclusive stakeholder engagement, his message was clear: projects must lead with intention, accountability, and heart. In a world that demands more responsibility from leaders, he reminded us that project professionals are in a unique position to turn strategy into sustainable action. #PMSummit2025 #KennethMilanzi #SustainabilityInProjects #PurposeDrivenLeadership #ProjectManagement #SustainableStrategy #StakeholderEngagement #SocialImpact #ProjectsWithPurpose

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Absa Group and Thunes Launch “Absa Global Pay” to Transform Cross-Border Remittances Cross-border payments in Africa are evolving, and a new partnership could make sending money across borders faster, simpler, and more accessible. Absa Group has partnered with global fintech infrastructure provider Thunes to launch Absa Global Pay, a digital-first remittance solution designed to streamline international money transfers for millions of customers. The platform allows Absa customers to send money directly from the Absa Banking App or online banking platform, with instant settlement to multiple countries. The first rollout includes transfers to six markets, the UK, Kenya, India, Malawi, Pakistan, and Zimbabwe, with plans to expand to 18 countries. What makes the platform stand out is the flexibility it offers users: ▪️ Transfers to mobile wallets ▪️ Payments directly to bank accounts ▪️ Cash pickup options at approved locations ▪️ Real-time transaction notifications and tracking By combining Absa’s strong African banking presence with Thunes’ global payments network, the partnership aims to improve financial connectivity and support the millions of families and businesses that rely on international remittances. But here’s the bigger conversation: 👉 Could digital remittance platforms like this reduce the high cost of sending money across Africa? 👉 Which fintech innovation do you think will reshape cross-border payments the most? Click the link to read the full article and learn how Absa Global Pay could transform international remittances. ➡️ https://lnkd.in/dyNGvN8f Do you frequently send or receive money across borders? Share your experience in the comments. Follow us for more insights on fintech, digital banking, payments innovation, and Africa’s growing tech ecosystem. #Fintech #DigitalPayments #Remittances #Absa #Thunes #AfricaTech #CrossBorderPayments #FinancialInclusion #DigitalBanking #TechNews

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🗓️ Day 9 – Reconciling Mobile Money vs. Bank Keep your digital and bank transactions in sync — that’s where financial clarity begins. 💬 Scenario: You’re the accountant at Brightline Logistics Ltd, a growing transport company that receives payments through M-Pesa Till No. 907265 and deposits most of the amounts to the company bank account weekly. However, this month, the M-Pesa Till statement shows Ksh 325,600 in collections, while only Ksh 310,000 appears as deposits in the bank. You also notice Ksh 6,000 in M-Pesa withdrawals for office errands. 💡 Your Task: Reconcile and identify where the Ksh 9,600 difference came from. 🧾 Recommended Actions: Download both M-Pesa Till and bank statements for the same period. Match all M-Pesa deposits to bank entries. Record any direct expenses paid from the Till (e.g., petty cash, supplier payments). Identify pending transfers or fees (e.g., M-Pesa charges). Prepare a reconciliation summary: M-Pesa Collections: Ksh 325,600 Less: M-Pesa Withdrawals (Ksh 6,000) Less: M-Pesa Charges (Ksh 400) Expected Deposit: Ksh 319,200 Actual Deposit: Ksh 310,000 Unreconciled Difference: Ksh 9,200 → Investigate (likely pending transfer). 🧮 Journal Entries: Dr M-Pesa Till Control A/c ................. Ksh 325,600 Cr Sales Revenue ................................... Ksh 325,600 Dr Petty Cash .......................................... Ksh 6,000 Dr M-Pesa Charges Expense ............. Ksh 400 Cr M-Pesa Till Control A/c .................... Ksh 6,400 Dr Bank ..................................................... Ksh 310,000 Cr M-Pesa Till Control A/c .................... Ksh 310,000 💡 Pro Tip for SMEs: ✔ Always reconcile mobile money weekly — small gaps add up fast. ✔ Use apps like QuickBooks, Xero, or Zoho Books to automate matching. ✔ Assign one person to monitor and another to verify for accountability. 🗣️ Your Turn: How often do you reconcile your mobile money vs. bank records — weekly or monthly? Share your routine below 👇 📅 Tomorrow: Day 10 – Preparing a Bank Reconciliation Learn how to ensure your cash book and bank statement align perfectly. #SmartMoneyMoves #FincheckSMEChallenge #SMEFinance #CashFlowManagement #AccountingForSMEs #KenyaBusiness #BookkeepingSimplified #FinanceMadeSimple #SMEAdvisory #Reconciliation #MobileMoney #FincheckConsultingGroup

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Explore the intricate relationship between fuel prices and market trends in Ghana. From transportation costs to food inflation, discover how fluctuations at the pump impact your wallet and business strategy.

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Are you a business leader in mortgage banking? You need to see this. Mortgage banking in Nigeria is constrained by legacy systems built for foreign markets. Our latest whitepaper explores why localized digital infrastructure is now a board-level priority and how mortgage banks can reduce costs, improve speed, and scale sustainably. Read the full publication here: https://lnkd.in/g-Yf4By4 #MortgageBanking #Nigeria #Peerless

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Successfully launched Zaocredit and Maziwa Advance The first of a kind digital loan for dairy farmers on our milk collection platform Zaoletu. Our platform helps dairy farmers manage their operations digitally, pay their farmers on time and access affordable digital credit. Farmers do not have to wait 30 days to get paid by the cooperative society as they can easily access money on our Zaoletu platform real time and affordably on Mpesa Zaoshinani a Kenyan built Startup is at the forefront of digitizing dairy agricultural cooperative societies and providing digital financial services to smallholder farmers. With over 5000 farmers on our platform we continue to pursue more strategic partnerships with cooperatives, government,banks and development partners to help us realize our big vision of building a digital ecosystem for all the 1.8 million dairy farmers in Kenya. KCB Bank Group Sidian Bank Limited International Fund for Agricultural Development (IFAD) Agricultural Finance Corporation The World Bank Mercy Corps Kenya National Innovation Agency (KeNIA) Safaricom PLC Beryl Agengo Mueni Kioko CPA Kamathi Limukii Startupbootcamp Innovate UK WOMENCHOICE.ORG Hussein Kiarie Catch up with us on KBC,Citizen Tv and TV47 for live and realtime feedback from our users at Kabuboni Farmers Society grounds

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🔍 Let’s talk about one of the most misunderstood but powerful tools for SME growth: Invoice Discounting. In Kenya’s retail supply chain, many SMEs are delivering real value — stock delivered, shelves stocked, orders fulfilled. But there’s a catch: payments come 30, 60, or even 90 days later. That delay is not just inconvenient. It’s a growth constraint. At Elevate Credit, we believe SMEs need financial systems that move as fast as they do — and invoice discounting is one of the smartest ways to unlock that. ⸻ 💡 What Is Invoice Discounting — and Why Does It Matter? Invoice discounting allows SMEs to get early access to cash locked in approved invoices. Instead of waiting 60 days for payment from a retailer or buyer, Elevate steps in, evaluates the invoice, and provides up to 80% of its value upfront. We digitally verify, disburse, and track repayments — no collateral, no guesswork. ⸻ 🚀 How This Supports Tech-Enabled SME Growth: ✅ Predictable cash flow for planning & restocking ✅ Digitized credit journey — from invoice upload to funding ✅ Flexible, scalable financing that grows with the SME ✅ Supports tech adoption by linking payments, accounting, and inventory systems ✅ Data-driven credit scoring using trade patterns, not just balance sheets ⸻ 🛠️ The Bigger Vision at Elevate We’re not just lending. We’re building a future where: • Retail and supply chains are digitally financed • Credit follows verified activity — not outdated collateral rules • SMEs get the same respect and access as larger enterprises • Financing is embedded in trade, not separated from it We’re investing in systems, APIs, and smart tools to turn Elevate Credit into a tech-first lender that empowers Kenya’s SME backbone — one verified invoice at a time. ⸻ SMEs don’t need more forms. They need smart, traceable finance. Let’s fund what’s already working — and scale it. #PatrickGachuhi #ElevateCreditAfrica #InvoiceDiscountingExplained #SmartFinanceForSMEs #TechEnabledLending #FintechKenya #RetailSupplyChainFinance #WorkingCapitalTools #ModernTradeCredit #FinancialInclusion #SMEGrowth #APILending #CashFlowSupport #KenyaBusiness

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[IN CONVERSATION] South Africa’s payment landscape is shifting as consumers increasingly turn to digital solutions like mobile wallets and buy-now-pay-later options, moving away from traditional card usage. Dale Spencer, Senior Consumer Banker at Absa Corporate and Investment Banking, told CNBC Africa that this trend reflects financial pressures on the middle class, with card usage falling while mobile wallet adoption grows, even as retailers adopt omni-channel strategies to cater to both online and in-store shoppers. Looking ahead, easing interest rates and festive season sales could boost consumer spending, signalling a broader transformation in how South Africans shop and save. CNBC Africa’s Rethabile Joala reports. #CNBCAfrica #DigitalPayments #ConsumerTrends #SouthAfricaEconomy

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KCB Bank Group is quietly building a fintech empire. ✅ 75% stake in Riverbank Solutions (March 2025) ✅ Now acquiring a minority stake in Pesapal This positions KCB not just as a bank, but as a payments company, tech infrastructure player, and fintech investor. As Ali Hussein Kassim posted earlier, traditional banks have no choice, partner with fintechs, compete against them, or acquire them. This is the direction we need to see from traditional banks, and great to see KCB leading the way in Corporate Venture Investment. 👏🏾 #Fintech #Kenya

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*Absa Bank Kenya Shines in Q3 2025 With Record Profitability and a ever-growing Share Price* Absa Bank Kenya has delivered a landmark performance in the third quarter of 2025, cementing its position as one of the country’s most resilient and consistently growing financial institutions. The bank posted a Profit After Tax of KSh 16.9 billion, a remarkable 14.7 percent increase from last year, its highest Q3 profit on record. Impressively, Absa has now doubled its quarterly earnings since 2021, reflecting a strategy that continues to gain momentum across all pillars of the business. This powerful financial performance has been mirrored in the exponential rise of Absa’s share price, which has rallied sharply in recent months. The market has rewarded the bank’s dependable earnings growth, disciplined cost management, improved asset quality, and its robust balance sheet expansion. Investor confidence remains exceptionally strong, with Absa now widely viewed as a standout performer at the Nairobi Securities Exchange. Absa’s operating income for the quarter stood at KSh 46.56 billion, a marginal dip of just 0.4 percent that belies the bank’s underlying strength. While net interest income eased by 4.6 percent to KSh 32.95 billion largely due to a softer loan book performance , other income streams more than compensated. Absa’s balance sheet continues on a steady upward trajectory, affirming its strong market position: • Total assets grew 14.4 percent to KSh 554.3 billion • Customer deposits increased 9.2 percent to KSh 384.3 billion • Asset quality improved substantially, with loan loss provisions dropping 39.6 percent to KSh 4.8 billion Though loans and advances contracted slightly by 0.6 percent to KSh 309.7 billion, this reflected a cautious lending environment rather than a weakening of customer activity. The bank maintained strong capital and liquidity buffers, supporting ongoing growth and stability. Earnings per share rose meaningfully to KSh 3.11, up from KSh 2.71 last year. The bank’s profitability trend over the last five years showcases a clear and compelling growth story: • 2021: KSh 8.2 billion • 2022: KSh 10.7 billion • 2023: KSh 12.31 billion • 2024: KSh 14.75 billion • 2025: KSh 16.92 billion Absa Bank Kenya’s Q3 results for 2025 reflect a high-performing institution that continues to outpace market expectations. Despite a mild softening in net interest income, the bank delivered record profits, supported by expanding non funded income, sharply lower interest expenses, and improved loan quality. Its growing asset base and rising customer deposits underline the strength of its franchise. Coupled with the excellent performance of its share price, which has grown exponentially in response to these results, Absa Bank stands out as one of the strongest, most stable, and most attractive banking stocks in the region today.

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KCB Group profit rises 11% to Sh68.4 billion in 2025 KCB Bank Group has reported an 11% increase in profit after tax to Sh68.4 billion for FY2025, driven by stronger lending, digital transaction growth and disciplined cost management. The bank’s total revenue rose to Sh214 billion, while total assets grew 9.3% to Sh2.15 trillion, cementing KCB’s position as one of the region’s largest financial institutions. Customer loans expanded 15% to Sh1.59 trillion, with deposits also rising 15% as confidence in the lender remained strong. CEO Paul Russo attributed the performance to the resilience of KCB’s regional strategy, sector-focused lending and continued investment in digital innovation. The Group also improved efficiency, with its cost-to-income ratio dropping to 42.5%, while non-performing loans declined to 16.9%. On shareholder returns, the board has proposed a final dividend of Sh3 per share, bringing the total payout to Sh7 per share (Sh22 billion) for the year. Read full story: https://lnkd.in/dyKkUfBF #Banking #Kenya #KCB #FinancialResults #BusinessNews

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🔗 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻 𝗜𝘀 𝗧𝗵𝗲 𝗜𝗹𝗹𝘂𝘀𝗶𝗼𝗻. 𝗔𝗿𝗰𝗵𝗶𝘁𝗲𝗰𝘁𝘂𝗿𝗲 𝗜𝘀 𝗧𝗵𝗲 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗜𝗻 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗙𝗶𝗻𝗮𝗻𝗰𝗲. For years, the story has been simple: FinTelcos will kill banks. Banks will crush FinTelcos. Fintechs are the future. But through my five-part series on the potential Standard Bank Group - NCBA Group acquisition [https://lnkd.in/dMnZGRhd], I unveiled something more fundamental: they're not competitors. They operate in three distinct layers, each doing what it does best. 𝗧𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗹𝗮𝘆𝗲𝗿 𝗶𝘀 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻: FinTelcos like M-PESA Africa own customers and scale. They move money brilliantly. But they cannot price credit risk or absorb capital losses. 𝗧𝗵𝗲 𝘀𝗲𝗰𝗼𝗻𝗱 𝗹𝗮𝘆𝗲𝗿 𝗶𝘀 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗮𝗻𝗱 𝗿𝗶𝘀𝗸: Banks own lending expertise and balance sheets. They price risk accurately. But they cannot match FinTelco's distribution scale. 𝗧𝗵𝗲 𝘁𝗵𝗶𝗿𝗱 𝗹𝗮𝘆𝗲𝗿 𝗶𝘀 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: Fintechs own niches and move fast. But they cannot achieve consumer scale alone. None of these companies can win by themselves. All of them win when they partner. But now something new is emerging: a 𝗳𝗼𝘂𝗿𝘁𝗵 𝗹𝗮𝘆𝗲𝗿 that doesn't own anything but controls everything. Cellulant orchestrates connections between all three layers. It processes $12B+ annually and is profitable without owning a single distribution channel or lending balance sheet. The Standard Bank-NCBA deal? Banking is positioning itself as FinTelco's essential backend. Cellulant's play? Making sure both need Cellulant. The winner won't be the biggest. The winner will be the most indispensable. I've now documented this as a strategic framework here: [https://lnkd.in/dz4yiFy3] Three questions define your 2026-2030 strategy: Which layer are you in? What makes you world-class there? Which partnerships make you indispensable? #AliTalksTech #FinTech #AfricanFinance #Strategy

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Kenya is obsessed with building fintech — but we're ignoring bigger problems. Every week I see another startup trying to be "the next M-Pesa, the next Flutterwave, the next digital lender." But honestly... how many more fintechs do we really need? 🤔 ━━━━━━━━━━━━━━━━━━━ While we're all fighting over the same payments pie, MASSIVE problems in other sectors are being completely ignored: 🚜 AGRICULTURE • 40% of crops wasted due to post-harvest losses • Farmers lack access to market information • Distribution systems are broken • Supply chain transparency? Non-existent 🏥 HEALTHCARE • Hospital systems are outdated • Patient records don't transfer between facilities • Rural areas have zero access to quality care • Medicine supply chain is chaotic 🚮 WASTE & ENVIRONMENT • Nairobi produces 2,400 tons of waste daily • Most ends up in rivers or illegal dumpsites • Recycling is virtually non-existent • Where are the tech solutions? 🏫 EDUCATION • Schools struggle with basic admin tasks • Most edtech is unaffordable for the majority • Teacher training tools? Minimal • Student performance tracking? Manual 🏗 HOUSING & LAND • Land fraud is RAMPANT • Title verification is a nightmare • Housing is unaffordable • Construction tracking? Good luck 🚍 TRANSPORT & LOGISTICS • Matatus have no tracking systems • Road safety is a crisis • Traffic management? Chaos • Last-mile delivery is inefficient ━━━━━━━━━━━━━━━━━━━ THE MOROCCO PARALLEL: This reminds me of Morocco building world-class stadiums while rural areas lack electricity and water. Similarly, Kenya's tech scene builds "showcase solutions" (another payments app) while fundamental problems affecting MILLIONS go unsolved. ━━━━━━━━━━━━━━━━━━━ AFRICAN COUNTRIES - FOCUS VS. REALITY: 🇰🇪 KENYA Focus: Fintech, digital lending, mobile money Needs: Agriculture tech (40% employment), healthcare, waste management 🇳🇬 NIGERIA Focus: Fintech, crypto, payments Needs: Power solutions, logistics, healthcare access, water management 🇿🇦 SOUTH AFRICA Focus: Fintech, e-commerce, SaaS Needs: Load shedding solutions, unemployment platforms, crime prevention 🇪🇬 EGYPT Focus: Fintech, delivery apps Needs: Water scarcity, agricultural modernization, traffic management 🇪🇹 ETHIOPIA Focus: Mobile money (catching up) Needs: Agricultural tools, electricity access, healthcare delivery 🇬🇭 GHANA Focus: Fintech, mobile money Needs: Sanitation, healthcare logistics, cocoa supply chain 🇷🇼 RWANDA Focus: Fintech, government digitization Needs: Agri extension, tourism tech, manufacturing systems 🇺🇬 UGANDA Focus: Mobile money, fintech Needs: Coffee value chain, rural healthcare, education quality 🇹🇿 TANZANIA Focus: Mobile money, payments Needs: Agricultural market access, tourism management, port logistics 🇨🇮 CÔTE D'IVOIRE Focus: Mobile money, banking Needs: Cocoa transparency, waste management, traffic solutions

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Family Bank Ltd Relocates Utawala Branch To Mustard Seed Plaza Under Ongoing Network Optimisation Plan Family Bank has relocated its Utawala Branch to Mustard Seed Plaza, marking its fifth branch relocation under a nationwide optimisation strategy aimed at improving accessibility and customer convenience. The move follows similar relocations in Eldoret West, Kangemi, Kisii and Ngara. The bank said the strategy supports SMEs by positioning branches in high-traffic growth areas while offering modern banking services, including digital solutions and tailored products for individuals, SMEs, women and youth-led businesses.

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NEWS IN BRIEF: LAUDABLE! Alert MFB unveils digital banking platform for SMEs Alert Microfinance Bank has launched a new Business Banking Platform to transform how businesses manage their financial operations in a move aimed at empowering entrepreneurs and strengthening the small and medium enterprise sector. Speaking at the official rollout recently, the Managing Director of Alert Microfinance Bank, Saheed Raji, described the innovation as a vital step in supporting businesses from the ideation stage to full operation. He noted that each business customer will be assigned a dedicated Relationship Manager to ensure personalised support and advisory services, underscoring the bank’s commitment to fostering sustainable business growth. “The Business Banking Platform comes with an intuitive dashboard that delivers real-time insights, multi-user access, and role assignment features, making it ideal for entrepreneurs managing larger teams. Integration with the bank’s “Scan to Pay” and “Pay with Transfer” via NQR ensures seamless, secure transactions across multiple channels.” Also, the Group Chief Executive Officer of Alert Group, Kazeem Olanrewaju, emphasised that the initiative is part of the bank’s broader mission to advance financial inclusion and stimulate economic development. “Our goal is to offer practical banking solutions that give businesses flexibility, control, and actionable insights,” he said. Visit https://lnkd.in/dpm8kBcT for interesting brand management updates. #alertmicrofinancebank #alert #lionimclimited #branding

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A week ago, I attended ZB Financial Holdings' launch of two innovative digital payment solutions — Smile Cash and Smile n Pay. Smile Cash is a mobile wallet, just like Ecocash or Innbucks; while Smile n Pay is an integrated payment platform perfect for all business owners, even MSME's. The two products are designed to foster inclusivity in the financial sector, and speak to ZB's innovation. Read more here: https://lnkd.in/dp9YPRwH [Image: 263Chat]

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