Mwango Capital (Backup)

Qona SACCO's Punguza Mzigo facility helps eligible members consolidate loans into one repayment plan. One repayment schedule, less juggling. Compare total borrowing costs before switching. Join Qona: tinyurl.com/3a643r35 #QonaSacco #HomeOfWealth #Ad

#KBACEOChat | Nancy Njau, CEO of Family Bank, explains the difference between high-risk and low-risk investments. — High-risk investments carry greater potential returns but also a higher risk of losses. — Low-risk investments, such as money market funds (MMFs), offer relatively stable returns and the benefit of compounding when earnings are reinvested. She advises starting with low-risk investments to build a financial buffer before gradually moving into higher-risk options.

💰 Is Cashflow tight? Qona SACCO’s Kona Loan offers eligible members up to KES 500,000 via QonaPay, with no security or guarantors. Because timing matters in business. Join Qona: tinyurl.com/3a643r35 #QonaSacco #HomeOfWealth #Ad

Join us tomorrow, Friday, 6th November 2026, for #KBACEOChat with Michael Mutiga, CEO of Stanbic Bank Kenya, discussing “Building a Stronger Financing Future.” Live on YouTube and LinkedIn from 10:00 AM – 11:00 AM EAT. Register here: chat.kba.co.ke

Today, we join the Kenya Bankers Association for #KBACEOChat with Family Bank CEO Nancy Njau to discuss “Making Your Money Work Better for You.” Live on YouTube and LinkedIn from 10:00 AM – 11:00 AM EAT. Register here: chat.kba.co.ke

Today, we join Equity Group Holdings for the launch of its 2025 Sustainability Report. Link: equitygroupholdings.com/news… #EmbraceSustainability

#MwangoSpaces Avenews Kenya MD Nancy Kinyanjui, speaking about invoice financing for agricultural SMEs: — Farmers prefer cash payments, particularly during peak seasons when they have multiple buyers competing for their produce. — Agricultural aggregators pay farmers upfront and cover transport and operating costs, while supermarkets, hotels and hospitals typically settle invoices within 30–60 days. — Delayed payments create working capital gaps, forcing suppliers to turn down new orders or borrow at unsustainable rates despite having confirmed demand. — Invoice financing allows SMEs to use invoices issued to credible buyers as collateral to access funding before the payment due date. — Avenews Kenya provides financing against eligible invoices as early as day one, enabling suppliers to fulfil additional orders without waiting 30–60 days for payment.

#MwangoSpaces Avenews Kenya MD Nancy Kinyanjui, explaining the invoice financing process: — Businesses apply through the Avenews website, submitting KYC details, financial statements, bank or M-Pesa statements, and information on their trading relationships with buyers. — Avenews assesses financial capacity, buyer relationships and supporting documents, including invoices and delivery notes, before approving financing limits of up to KES 6M per transaction. — Approved suppliers sign a financing agreement and open a clearing account in their name, with Avenews also party to the account. — Suppliers upload accepted invoices to the Avenews portal and immediately access up to 85% of the invoice value. A KES 1M invoice, for example, unlocks up to KES 850,000. — Onboarding is a one-time process. Buyers settle invoices into the clearing account, replenishing the supplier's financing limit for subsequent transactions without requiring fresh applications.

#MwangoSpaces Avenews Kenya MD Nancy Kinyanjui, speaking about using alternative data to finance agricultural SMEs: — Many small agricultural businesses lack formal transaction records, making it difficult for lenders to assess their creditworthiness. — Distributors and institutional buyers often maintain detailed transaction records through ERP systems, providing reliable data on their trading relationships with SMEs. — Avenews Kenya partners with buyers and distributors as anchor institutions, using their transaction records to assess suppliers who lack sufficient financial documentation. — These trade partnerships help reduce lending risks by providing visibility into an SME’s trading history and commercial relationships. — Avenews combines alternative transaction data with traditional credit information, including Credit Reference Bureau (CRB) records, to assess borrowers and determine financing eligibility. — SMEs are encouraged to maintain proper business records to improve their credit profiles, attract investors and increase access to financing.

#MwangoSpaces Avenews Invoice Financing Model — Suppliers can access up to 85% of an approved invoice's value before the buyer settles the invoice, improving immediate working capital. — The remaining 15% acts as a buffer for financing costs and ensures suppliers retain a financial stake in the transaction. — Avenews calculates its financing markup daily, allowing suppliers to pay only for the number of days they use the funds. — For example, on a KES 1M invoice payable in 7–10 days, a supplier can receive KES 850,000 upfront, with KES 150,000 retained pending settlement and deduction of applicable financing costs.

#MwangoSpaces Avenews Kenya MD Nancy Kinyanjui, speaking about repayment obligations and interest charges under invoice financing: — The buyer bears the primary repayment obligation after accepting an invoice and committing to settle it within the agreed period. — If the buyer defaults, Avenews has contractual recourse to the supplier, who may ultimately become responsible for repaying the financing. — Repayment periods are aligned with invoice due dates, typically 30 or 60 days, with a grace period allowed if the buyer delays payment. — Interest accrues daily, meaning delayed payments beyond the agreed period increase financing costs for suppliers. — Early repayments attract a 100% discount on interest for unused days. If a 30-day invoice is settled on day 10, the supplier only pays interest for 10 days. — Avenews offers invoice financing of up to KES 6M, with initial onboarding timelines dependent on how quickly suppliers submit the required documentation.

#MwangoSpaces Avenews Kenya MD Nancy Kinyanjui, speaking about buyer creditworthiness and invoice financing: — Avenews assesses buyers' payment histories and creditworthiness before approving invoices for financing. — Suppliers may be advised against onboarding certain buyers into the financing programme if Avenews identifies elevated credit risks. — Avenews does not disclose confidential supplier information but uses available data to guide suppliers on which buyers qualify for financing. — Suppliers themselves provide valuable information about buyers with poor payment histories, supplementing Avenews' traditional and alternative credit data. — The financing programme targets businesses supplying goods on credit terms rather than receiving immediate payment, helping them bridge working capital gaps.

#MwangoSpaces: Avenews Kenya CEO on invoice financing: — Invoice financing targets suppliers selling on credit to reliable buyers but facing working capital constraints. — Buyers must consistently honour agreed payment terms, particularly 30-day payment cycles. — Suppliers' liquidity constraints can disrupt deliveries and affect buyers' supply chains. — Avenews partners with supermarkets, hotel chains and other institutional buyers to finance their suppliers without changing existing payment terms. — Suppliers accessing financing through Avenews' buyer partnerships benefit from lower rates than those applying independently. — Buyers retain their existing payment obligations without directly participating in the supplier's financing arrangement. — Suppliers should assess financing costs against their profit margins to determine whether early payment is financially viable.

Join us tonight on #MwangoSpaces as we explore the introduction of short selling on the NSE, its implications for investors, and whether it can finally take off in Kenya. Our guest is Donald Wangunyu, Vice Chair of the NSE and CEO of FourFront Management. Set a reminder and join us at 8 PM EAT: teapawt.net/i/spaces/1nGnRBDLWOdGO

Rent is due, but the wallet says otherwise? Co-op Bank is offering eligible customers instant mobile loans to help bridge short-term cash gaps. Dial *667# or apply through the Co-op Bank app. Borrow responsibly. T&Cs apply. @Coopbankenya #Ad

Safaricom Group has 71.56M active customers across Kenya and Ethiopia. 🇰🇪 Kenya: 57.9M customers, 97.9% 4G population coverage, over 41M monthly active M-PESA users, 333,011 M-PESA agents and 21,000 km of fibre. 🇪🇹 Ethiopia: 13.6M customers, 59.2% network coverage, 3,504 operational sites and 70,000 M-PESA merchants.

1/7 In Episode 3 of The Lion’s Blueprint, KCB Bank Kenya’s Grace Mbugua, Executive Head of Product Management, and George Kiluva, Head of Trade Finance, discuss why profitable businesses can still struggle with cash flow. Their central argument is that business growth must be supported by healthy cash flows, efficient working capital management and the right financing structures.

Tough times in Uganda:

Today, 27 October 2026, is the final day to apply for Dangote Petroleum Refinery Global Depository Receipts (GDRs) through Ziidi Trader. — Open My OneApp and select Ziidi Trader. — Find the Dangote Refinery GDR offer and tap Open. — Follow the prompts to place your bid. #Ad

This week's corporate calendar: