Pulse Mix

Absa Bank Kenya has marked a significant milestone for its business customers by flagging off a delegation of Absa Business Club members heading to Estonia and Finland for a series of business engagements designed to unlock new trade and investment opportunities.&nbsp;

This initiative, organised in collaboration with Golden Connections International, aims to connect Kenyan businesses with their European counterparts, fostering valuable business relationships and potential collaborations.

The trip is scheduled to take place from 15th to 25 February 2025, and will feature participants from diverse sectors including ICT, manufacturing, industry 4.0, healthcare, and fintech.&nbsp;

This engagement offers attendees a chance to gain insights and forge key business connections within the Estonian and Finnish markets, creating a pathway for leveraging global opportunities.&nbsp;

Elizabeth Wasunna, Consumer Banking Director Absa Bank Kenya

The initiative is anticipated to enhance trade, investment, and collaboration, while simultaneously improving brand positioning and business growth for engaging companies and entrepreneurs.

Speaking during the flag-off event, Absa Bank Kenya's Business Banking Director, Elizabeth Wasunna, highlighted the crucial role financial institutions play in connecting local entrepreneurs to global markets.

<blockquote>We are committed to making a positive impact on the economy and we recognise the crucial role SMEs play, contributing up to 40% of our GDP. For businesses to truly thrive, they need more than just financing but also mentorship, resources, and the right partnerships to access new markets and build global networks that can drive their success. We are indeed excited to partner with the Estonian Embassy and Golden Connections International to facilitate the travel of 36 SMEs to Estonia and Finland, reaffirming our commitment to providing SMEs with the tools they need to compete on the global stage.</blockquote>

As part of its comprehensive SME agenda, Absa Bank Kenya provides businesses with financial solutions, capacity-building programs, and advisory services that foster business development.

On his part, Joel Karubiu, the Country Representative, Export Adviser, Trade Development Agency, Enterprise Estonia, also emphasised the importance of international collaboration in driving business growth while expanding economic opportunities during his remarks on the initiative.

<blockquote>This business trip follows a visit by the Estonian Head of State in 2021 in which there was a commitment that Kenya and Estonian become trade partners. Estonia, known for its vibrant digital economy and entrepreneurial ecosystem presents a wealth of opportunities for businesses looking to expand into new markets. For Kenyan businesses looking to get into the European market, Estonia is a key entry market to consider.</blockquote>

Estonia is recognised as a global leader in digital innovation, e-governance, and business-friendly policies.&nbsp;

This upcoming trip provides a unique platform for Kenyan SMEs to explore new investment opportunities, forge valuable connections, and gain insights into Estonia&rsquo;s thriving tech ecosystem.

During the visit, the delegation will participate in business seminars and engage in business-to-business meetings tailored to various industry segments.&nbsp;

They will have the chance to interact with members of the Estonian Chamber of Commerce and delve into Estonia&rsquo;s e-governance system.&nbsp;

In addition, the experience will encompass cultural exchanges, culinary adventures in both countries and a visit to Helsinki, enriching their understanding and fostering deeper connections.

Absa Kenya Business Banking Director Elizabeth Wasunna, Cleaning the Airwaves (CTA's) Richard Njau, Golden Connections International CEO Makena Mathiu, Honorary Consul for the Republic of Estonia in Kenya Kadri Ayal and Dr. Theo Wangata

Absa Bank Kenya has flagged off a delegation of 36 SMEs to Estonia and Finland, aiming to unlock trade and investment opportunities through strategic business engagements and global networking.

Absa flags off Kenyan SMEs for exclusive B2B engagements in Estonia and Finland

Affiliate marketing is a field where success depends directly on strategy, constant analysis, and market adaptation.

This article covers the case of an experienced 1xBet partner who achieved great results in 21 months.

His story is not just an example of successful collaboration but also a set of practical tips for those looking to build a stable income in this area.

Ibourara is an affiliate with experience in online marketing, specializing in content creation and advertising campaigns.

The main reasons for partnering with 1xBet were the brand’s reliability and attractive reward conditions.

He noted that the company’s support and available resources helped him quickly adapt to the affiliate program and build effective promotion strategies.

<h3>Strategies for attracting and retaining customers</h3>

One of the main strategies of a successful partner is using quality content and SEO. Combining these tools not only attracts traffic but also helps retain customers for the long term.

A successful affiliate’s toolkit includes working with social media, smart targeting, and constantly analyzing audience behavior.

A tip from Ibourara: it’s important not just to advertise a product, but to help customers solve their problems. This approach builds trust and increases conversion.

For example, if a customer is looking for a reliable betting platform, it’s not enough to just bring them to the website; you need to explain the benefits, offer a breakdown of betting strategies, and clarify the game’s terms.

<h3>Analysis and optimization as the foundation of steady growth</h3>

One of the key factors for success is regularly analyzing the effectiveness of advertising campaigns. Our protagonist carefully tracks conversions, tests different approaches, and adjusts strategies based on audience behavior.

A practical example: competition in the niche is high, so the partner found a way to stand out – they focused on narrow audience segments and improved targeting.

This helped Ibourara increase the accuracy of reaching the target group and reduced advertising costs.

<h3>Financial results and key achievements</h3>

During their time with the <a target="_blank" class="editor-link" href="https://1xplayers.com/JMMX4SW6">1xBet affiliate program</a>, Ibourara reached a stable income of $10,000 to $15,000 per month, with a record of $56,000. They consider the key achievement to be turning leads into loyal customers, which provides the opportunity for a steady passive income.

<ol><li>Study the product. The better you know the platform, the easier it is to explain its benefits to customers. </li><li>Create value. Customers trust experts, so don't just advertise – offer useful advice.</li><li>Be patient. Results don't come instantly – analyze your work, fix mistakes, and keep moving forward.</li><li>Keep growing. Use new promotion channels, such as video content or podcasts.</li></ol>

Currently, Ibourara is actively developing a video content strategy to expand the audience, as well as planning to increase investments in paid advertising and try new promotion channels, such as podcasts.

Conclusion: success in <a target="_blank" class="editor-link" href="http://1xplayers.com/JMMX4SW6">affiliate marketing</a> depends on analysis, constant strategy improvement, and the ability to adapt to market changes. Our hero’s story proves that with the right approach, it’s possible to build a stable income stream and scale your business.

#FeatureBy1xBet

How to make money with affiliate marketing: a real case

#FeatureBy1xBet

TECNO Kenya is thrilled to announce the successful completion of the annual Christmas Fiesta campaign, with the grand prize of a brand new Mazda Demio valued at more than Sh1.5 million shillings.&nbsp;

The Christmas Fiesta campaign was designed to give back to loyal customers and celebrate the spirit of Christmas while showcasing our commitment to excellence and customer satisfaction.&nbsp;

The Mazda Demio was won by Winnie Dorah from Mombasa, who bought a TECNO Camon 30 from a TECNO partner store - Jambo Communications Limited, Mombasa.

“As TECNO we are proud to be a brand that understands and delivers on the aspirations of Kenyan consumers,” said Dickson Ireri,&nbsp; TECNO brand representative.&nbsp;

<blockquote>Our commitment to innovation, affordability, and accessibility has been the driving force behind our success. As we continue to expand our portfolio, we aim to empower more people across Africa with devices that enhance their digital lifestyles.</blockquote>

Winnie Dorah, the grand prize winner of a brand-new Mazda Demio in TECNO Kenya & Christmas Fiesta campaign, receives the car keys from Scott Liu, TECNO Kenya Country Manager, during the official handover ceremony at Garden City Mall, Nairobi.

“When they called me to tell me I had won a brand new Mazda Demio, I was sure it was a fake call,” said Winnie Dorah at the Grand Prize presentation at Garden City.&nbsp;

<blockquote>I had not expected to be the grand prize winner, for buying a phone for my daughter but I can only thank God. To think that I, like many others, have entered countless lotteries, hoping for a miracle, but today, I am that lucky person!</blockquote>

TECNO Kenya has just relaunched the Garden City Mall branch to showcase more products and bring the TECNO Range closer to consumers.&nbsp;

“We have refurbished and relaunched our Garden City Mall branch to bring our extensive range closer to our consumers and cater for them with a wide range of accessories. We have over 22 TECNO branches and even a wider network through our distributors,” said Brian Otieno, Retail Manager TECNO Kenya.

According to the latest market research, TECNO holds a significant share of the smartphone market in Sub-Saharan Africa, dominating key regions like Nigeria, Kenya, and Ghana.&nbsp;

With over 20 million smartphones sold across the continent in the past year, the brand is recognised for its strong presence in both urban and rural areas, appealing to diverse demographics.&nbsp;

TECNO&rsquo;s success can be attributed to its ability to anticipate consumer needs, offering features such as high-performance cameras, long-lasting battery life, and localised apps that cater to African users.

Winnie Dorah, the grand prize winner of a brand-new Mazda Demio in TECNO Kenya & Christmas Fiesta campaign, receives the car keys from Scott Liu, TECNO Kenya Country Manager,
during the official handover ceremony at Garden City Mall, Nairobi.

Winnie Dorah's simple gift for her daughter turned into an unexpected prize, a brand-new Mazda Demio

Mom's gift to daughter earns her unexpected brand new car

The Waziri Supercup is in full swing as we await the playoff matches of Kenya's main amateur tournament.

<h2>The tournament is growing in popularity</h2>

“I thank God and <a target="_blank" class="editor-link" href="http://1xplayers.com/YRzFBCjX">1xBet</a> for making all of this possible. I thank the locals for the incredible support and the media for the coverage. I’m looking forward to the round of 16 matches,” says Salim Waziri, founder and organizer of the tournament:

The Waziri Supercup is growing rapidly. This year, 24 teams are taking part in the men's football tournament, which is 8 more than in 2023. Progress in the level of play and popularity among fans were the main criteria for selecting the newcomers.

The 36 group stage games of the men's tournament were played at 6 locations, and interest in the Waziri Supercup among fans and media grew significantly.

This was also due to the participation of well-known football players: Victor Opondo (Kenya Commercial Bank), Hassan Beja and Ronald Sichenje (both play for A.F.C. Leopards in the Kenyan Premier League), and Collins Sichenje (Serbian Vojvodina).

An extraordinary event was the draw for the competition, which was held by a Member of Parliament and Secretary General of the Football Kenya Federation.

He was assisted by representatives of the global betting company 1xBet, the official partner of the tournament. The draw for the 24 men's teams and 8 women's teams was carried out according to the aquarium principle: the teams chose their groups by lottery.

<blockquote>This year’s draw was interesting and fair. It gave each team a chance to feel the excitement and responsibility to their fans, Salim Waziri said.</blockquote>

The most interesting part is yet to come as 16 teams will play in the knockout stage of the Waziri Supercup 2024. At the same time, rugby, basketball and women's football competitions will be held.

<h3>What prizes are the participants competing for?</h3>

<a target="_blank" class="editor-link" href="http://1xplayers.com/YRzFBCjX">1xBet</a> made sure to maximize the motivation of the participants of the Waziri Supercup 2024. Thanks to the sponsorship of Africa's top bookmaker, the prize pool has increased.

Women's football:

The reliable bookmaker&rsquo;s social mission

“For us, the Waziri Supercup is more than sport. It’s a platform for social change and support for the countries we operate in,” a 1xBet spokesperson said.

<ol start="2"><li>3000 hygiene kits for women in rural areas</li></ol>

<ol start="3"><li>100 wheelchairs</li></ol>

Besides, 1xBet doesn&rsquo;t forget about young people and helped some aspiring entrepreneurs to open a car wash.

<h3>Unite and grow with the Waziri Supercup!</h3>

The Waziri Supercup isn&rsquo;t just a sporting event, but a tool for social change in the region. The tournament brings communities together and helps to popularize sport in the country.

From October 10 to December 31, follow the tournament and match results on the official Instagram page of the 1xBet betting company, the sponsor of the Waziri Supercup!

#FeatureBy1XBET

Waziri Supercup 2024: celebration of sport and helping people in need

#FeatureBy1XBET - The Waziri Supercup is in full swing as we await the playoff matches of Kenya's main amateur tournament.

<h2>As crypto gambling gains traction across Africa, it brings both exciting opportunities and regulatory challenges. </h2>

From sports betting to casino gaming, the continent’s growing interest in cryptocurrency-based gambling at platforms such as <a href="https://cryptocasinos.online/">cryptocasinos.online</a> is largely driven by high rates of crypto adoption, the popularity of mobile transactions, and a youthful population open to new technologies. However, regulatory authorities are racing to catch up, aiming to balance consumer protection, financial security, and the potential economic benefits.

<h3>Crypto Betting Regulations Across Africa</h3>

The regulatory landscape for crypto betting in Africa is diverse and evolving, reflecting varying national approaches to cryptocurrency and gambling. Here's an overview of the current frameworks in key African countries:

In October 2022, the Financial Sector Conduct Authority (FSCA) classified crypto assets as financial products, bringing them under regulatory oversight. This move requires crypto service providers, including betting platforms, to obtain appropriate licensing and adhere to financial regulations. By March 2024, the FSCA had approved 59 operating licenses for cryptocurrency businesses, indicating a structured approach to crypto regulation.&nbsp;

The Central Bank of Nigeria (CBN) has taken a cautious stance, issuing directives that prohibit financial institutions from facilitating cryptocurrency transactions. Despite this, crypto usage remains high, and discussions are ongoing about developing a comprehensive regulatory framework to address the growing crypto economy.&nbsp;

Kenya lacks specific regulations for cryptocurrencies and crypto betting. The Central Bank of Kenya has issued warnings about the risks associated with crypto assets, but no formal regulatory framework exists. This absence of regulation allows crypto betting platforms to operate in a legal gray area.&nbsp;

<h3>Regulating Crypto Gambling in Africa is Challenging</h3>

Regulating crypto gambling in Africa presents a complex challenge due to the decentralized nature of cryptocurrencies and the varied stances of African governments on crypto assets. Here are the major hurdles facing African regulators:

<ul><li>Many African nations still lack clear regulatory frameworks for cryptocurrency, let alone crypto gambling. Countries like Nigeria have issued warnings about <a href="https://www.pulselive.co.ke/business/international/risk-of-laundering-and-terrorism-in-kenya-surges-with-the-regions-cryptocurrency-boom/ebm2bwe">crypto risks</a>, but there are no comprehensive regulations to govern these assets’ use for gambling. This legal ambiguity allows unlicensed and unregulated platforms to operate, exposing users to potential fraud.</li></ul>

<ul><li>As crypto gambling gains popularity, African authorities are concerned about protecting consumers from scams and financial instability. In the absence of strict regulations, users can easily lose funds to fraudulent platforms. Moreover, unregulated crypto transactions can contribute to money laundering and other illicit financial activities, prompting governments to consider monitoring crypto flows more closely.</li></ul>

<ul><li>With the rise of crypto gambling, governments are exploring ways to tax winnings and platform revenues. However, the anonymous and decentralized nature of cryptocurrencies complicates tax collection efforts. Some African governments are experimenting with taxation methods that would involve tracking crypto wallets associated with gambling platforms, although this approach has privacy and implementation challenges.</li></ul>

<h3>Case Study: Regulatory Approaches in South Africa</h3>

In 2023, South Africa’s <a href="https://www.fsca.co.za/Pages/Default.aspx">Financial Sector Conduct Authority (FSCA)</a> announced steps to include cryptocurrencies in its financial regulations. As part of this effort, the FSCA has proposed amendments to gambling laws, allowing for stricter oversight of crypto gambling transactions. South Africa’s approach could serve as a model for other countries, combining cryptocurrency regulation with existing gambling laws to create a coherent framework for digital gaming.

<h3>What are some Trends Driving the Regulatory Push?</h3>

<ol><li>Rising Crypto Adoption: A Chainalysis report in 2023 found that Nigeria, Kenya, and South Africa are among the top countries globally in terms of crypto adoption. Over 30% of young adults in these countries own or use cryptocurrencies, a factor driving the popularity of crypto gambling.</li><li>Growing Gambling Market: Africa’s gambling market is projected to reach $2.5 billion by 2025, with crypto betting expected to represent a sizable portion. This projection has caught the attention of governments, which see potential tax revenue but also recognize the need for regulatory oversight.</li><li>Youth Demographic: With over 60% of Africa’s population under the age of 25, the continent has a large, tech-savvy demographic open to digital finance and online gaming. This demographic shift will likely play a crucial role in shaping future regulatory approaches, as governments consider the interests and behavior of younger users.</li></ol>

<h3>The Benefits of Regulating Crypto Gambling in Africa</h3>

As African governments work to develop frameworks for crypto gambling, they face both opportunities and potential pitfalls. Here’s what to expect as the regulatory landscape evolves:

Regulating crypto gambling could provide new revenue streams through taxation and licensing. This income could be invested in public services, helping countries benefit from the growth of a thriving digital economy.

A regulated crypto gambling environment would allow governments to protect consumers from fraud and ensure fair practices on platforms. Regulators could require licensing, security protocols, and responsible gambling measures to mitigate risks associated with online gambling.

The rise of crypto gambling in Africa marks an exciting chapter in the continent’s digital transformation. As African nations work to establish regulatory frameworks for this emerging industry, they face a complex mix of challenges and opportunities. With careful planning and collaboration, African regulators have the chance to create a safe and sustainable environment for crypto gambling that protects users while encouraging innovation in the digital economy.

#FeaturedPost

Regulatory framework of crypto gambling in Africa

As crypto gambling gains traction across Africa, it brings both exciting opportunities and regulatory challenges.

Dennis Okari, a renowned Kenyan journalist, took an unexpected turn in his career, transitioning from investigative reporting to becoming a successful professional trader and mentor.

In this Q&amp;A, Dennis shares his fascinating journey, insights into the financial markets, and his passion for empowering others through trading education.

Dennis, you were a famous and award-winning investigative reporter in Kenya. What initially sparked your interest in the financial markets, and how did you make the transition from&nbsp;journalist to full-time trader and mentor?&nbsp;

My journey into the financial markets was entirely accidental. I was chasing after the news as a journalist for 20 years.

The initial trigger came during a casual visit to a friend. She had an enviable lifestyle, yet I rarely saw her leave her house – my curiosity was piqued.

When I asked about her work, she showed me charts on her phone and computer screens.

They were filled with green and red lines, but I couldn’t grasp what she was doing or what she was saying.

A few years later, I crossed paths with a group of affluent individuals who owned a trading academy.

They wanted me to promote their business as an influencer. They&nbsp;caught my attention and my inquisitive nature kicked in and so I delved deeper.

As I learned more about trading, I became fascinated by its potential to achieve financial independence.

However, a hurdle stood in my way; the term 'broker' carries a negative connotation in Kenya.

With my investigative reporter instincts, I researched their role, uncovering the intricacies of regulation, scams, and the importance of transparency.

Armed with this knowledge, I decided to test the waters with a demo trading account.

I blew my demo account many times over, which fueled my determination to learn from my mistakes.

With each setback, I strengthened my resolve to learn and refine my strategies. When I finally opened a live account, my initial $1,000 vanished quickly. Discouraged, I closed my MT4 account, thinking it was all a scam.

Yet, the allure of trading remained. During my downtime, I realized that demo accounts lack the emotional intensity of trading with real money.

So, I turned to trading simulations. I meticulously replicated strategies from demo to live accounts, comparing the outcomes to gain a deeper understanding of how the markets truly worked.

This approach helped me gain more confidence in real-world trading scenarios.

Being a famous reporter means that you had a strong following even before becoming a popular professional trader and mentor.

How did you transition from a public figure in the journalistic world to a public figure in trading?

What challenges and opportunities did you face in terms of your content? How has this translated into your content?&nbsp;

At first, it was a challenge because I was primarily a journalist.

Shifting my public persona from journalism to trading did present unique challenges and opportunities. Initially, my content focused on my journalism career.

But as I delved deeper into trading, my colleagues got curious about my new endeavor. They would often drop by my office and ask questions about the charts and numbers on my extra screens.

That’s when I discovered that I genuinely enjoyed explaining the basics of forex trading and sharing my newfound passion for financial markets.

I saw a parallel in the financial world, where many individuals fall victim to fraudulent schemes due to a lack of knowledge and understanding.

I was accustomed to exposing scams and holding those in power accountable.

I realized that my transition from journalism to trading wasn't just a career change; it was an opportunity. So, the shift to trading content began.

I started incorporating my investigative approach into my trading content, focusing on educating my audience about the importance of regulation, risk management, and ethical practices.

Today, my content goes beyond the flashy facade often associated with trading. I emphasize the discipline, dedication, and knowledge required for success.

I aim to bridge the gap between the perceived glamour of trading and the reality of the hard work involved.

My goal is to empower individuals with the information and tools they need to make informed decisions and navigate the financial markets confidently.

As a popular professional trader, you were surely approached by other brokers.

Why did you choose to become an Exness Team Pro member? What is it about <a href="https://ad.doubleclick.net/ddm/trackclk/N1741099.1850877EXNESS.COM/B27868720.401108759;dc_trk_aid=593090754;dc_trk_cid=220007788;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=;dc_tdv=1?https://www.exness.com/a/12090179?partner_id=12090179&amp;agent=12090179&amp;utm_source=Pulse_Kenya&amp;utm_campaign=UF">Exness </a>Team Pro that resonates with you?&nbsp;

My decision to become an Exness Team Pro member wasn't solely based on their size or popularity. It goes deeper than that.

My early trading experiences involved some negative encounters with brokers, even regulated ones.

Reputation matters just as much as regulation. Exness not only boasts a strong regulatory framework but also a stellar reputation in the industry.

What truly resonates with me about Exness is the alignment of our values. Its commitment to ethics, transparency, and client-centricity mirrors my own principles.

I value integrity and trust in my partnerships, and Exness consistently demonstrates those qualities.

Moreover, <a href="https://ad.doubleclick.net/ddm/trackclk/N1741099.1850877EXNESS.COM/B27868720.401108759;dc_trk_aid=593090754;dc_trk_cid=220007788;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=;dc_tdv=1?https://www.exness.com/a/12090179?partner_id=12090179&amp;agent=12090179&amp;utm_source=Pulse_Kenya&amp;utm_campaign=UF">Exness</a> is technology-driven, and I'm a firm believer in the power of innovation to enhance the trading experience.

Its platform offers features that genuinely improve my trading life. For instance, I've never encountered slippage issues, even with a poor internet connection.

Also, in a region like mine, where withdrawals can be cumbersome, Exness's swift processing is a major advantage.

Its customer support is also exceptional. They are always ready to assist with any questions or concerns.

Reliability and flexibility are paramount for me. In times of market volatility, I need to know that my funds are secure and I can trust the platform I'm trading on. Exness provides that peace of mind.

Additionally, its flexibility is a significant benefit. It offers an array of tradable assets, diverse account types with customizable features, and a genuinely frictionless trading experience.

This allows me to tailor my trading environment to my specific needs and preferences.

Looking ahead, what are your personal goals and aspirations, and how does Exness Team Pro fit into your journey?

Looking ahead, my personal goals and aspirations revolve around expanding my trading expertise while simultaneously empowering others to do the same.

I want to continue growing my audience and reach. I believe that the more people I can educate, the greater the impact I can make.

Being a part of Exness Team Pro aligns perfectly with this vision. Exness is a company that values growth and innovation, much like I do.

One of my core aspirations is to minimize financial illiteracy in my region and across the globe. I see Exness as a powerful ally in this endeavor.

By collaborating with them, I can help provide access to knowledge, resources, and tools that can empower individuals to achieve financial success through trading.

Ultimately, I envision a world where financial literacy is widespread, and trading is seen as a viable path to achieving one's goals.

Trading is a universal language, and I've witnessed firsthand how it can bridge cultural and linguistic divides.

#FeatureByExness

How Dennis Okari, an investigative journalist turned into professional trading

As Kenya gears up to celebrate Mashujaa Day on October 20 in Kwale County, the nation reflects on its ongoing journey towards growth in all sectors.

Among the significant initiatives the government has championed is the Affordable Housing Program (AHP), which has made remarkable strides in ensuring that Kenyans have access to quality and affordable housing.

This initiative not only addresses the critical need for housing but also plays a vital role in creating jobs and driving economic growth.

The AHP showcases the government’s commitment to reshaping the housing landscape while promoting sustainable development, ultimately enhancing the living standards of Kenyans across the country.

Boma Yangu: Step by step guide on how to register and secure affordable housing

<h2>Expanding the Affordable Housing pipeline</h2>

One of the key aspects of the Affordable Housing Program is its vast and growing pipeline of projects. The program has completed 1,189 units to date and has ongoing projects expected to deliver over 90,000 additional units.

These projects are spread across various counties, with a significant number of units in major urban centres.

From 2018 to 2022, the AHP successfully delivered 8,872 units, but recent launches have significantly increased this number. Between September 2022 and December 2023 alone, the program launched projects that will deliver 40,158 units.

These projects are designed to address the country's housing deficit and cater to various income levels​.

In the first half of 2024, additional projects delivering 19,535 units were launched, with another 14,160 units awarded by September 2024.

These developments are key in supporting the government's broader vision of constructing 200 units per constituency, ensuring even the most remote areas benefit from the program.

<h2>Notable Affordable Housing projects that have been launched</h2>

One of the standout achievements of the Affordable Housing Program is the large-scale construction of social housing projects in areas like Mukuru, Kibera, and Shauri Moyo.

These areas, traditionally known for informal settlements, are now transforming into hubs of modern, affordable housing.

<ul><li>Mukuru Met Site Social Housing: A flagship project with 13,248 units, this development is one of the largest in the program and serves as a model for future social housing projects across Kenya.</li><li>Kibera Soweto B Social Housing: With 4,054 units, this project is aimed at providing dignified living conditions for residents of Kibera, one of Africa's largest informal settlements.</li><li>Shauri Moyo A Affordable Housing: This project, delivering 1,848 units, exemplifies the government’s commitment to regenerating Nairobi’s urban areas​.</li></ul>

Additionally, the program extends beyond Nairobi with projects such as:

<ul><li>Mavoko Affordable Housing: Located in Machakos County, this development is set to deliver 5,360 units, addressing the housing needs in the satellite towns around Nairobi.</li><li>Ruiru Affordable Housing: With 1,050 units, this project is strategically located to tap into the growing demand for affordable housing in the Ruiru area​.</li><li>Homabay Affordable Housing (NHC) - 2000 Units.</li></ul>

<h2>The Affordable homeowner’s journey</h2>

At the heart of the AHP is Boma Yangu, a platform that has made the dream of homeownership accessible to many Kenyans.

For aspiring homeowners, here is a step-by-step guide on how to register and secure an affordable home through the Boma Yangu platform

Start by signing up on the Boma Yangu platform. Register at <a href="https://bomayangu.go.ke">https://bomayangu.go.ke</a>. Provide your personal details, including your name, ID Number/Passport and KRA Pin.

2. Pre-qualification

After registration, your identity, income, and creditworthiness will be verified to ensure eligibility.

3. Voluntary contributions

Once registered, you can voluntarily contribute savings toward your future home. The Affordable Housing Program offers flexible payment options such as tenant purchase, mortgage, or cash sales, based on your financial ability.

4. Application for unit

To apply for a housing unit through Boma Yangu, you first need to select a unit and ensure that you meet the required deposit. Next, complete your applicant profile on the Boma Yangu platform and submit your application for allocation.

5. Allocation of unit

The Board reviews the application and makes a determination, then communicates the decision to the applicant. For those who are allocated a unit, an offer letter will be sent.

6. Selecting payment plan

Select a payment plan, which can be a tenant purchase sale, mortgage, or cash sale.

7. Finalising Paperwork

Once the paperwork is completed, you can move into your new home, marking the completion of the process and the beginning of homeownership.

#FeatureByAffordableHousing

Step by step guide on how to register and secure affordable housing

How many opportunities to say WOW does a person get in their lifetime? It's a philosophical question with a unique answer for everyone.

But participants in the new 1xBet promo have a reason to exclaim WOW every day—at least because it's about the WOW promo!

Pulse Mix

Articles written by the author

Absa flags off Kenyan SMEs for exclusive B2B engagements in Estonia and Finland

How to make money with affiliate marketing: a real case

Mom's gift to daughter earns her unexpected brand new car

Waziri Supercup 2024: celebration of sport and helping people in need

Regulatory framework of crypto gambling in Africa

How Dennis Okari, an investigative journalist turned into professional trading

Boma Yangu: Step by step guide on how to register and secure affordable housing

Exciting new experiences await you, learn more about the WOW promo!

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