Virtual Pay CEO David Morema Predicts Rapid Growth of Swipe-to-Pay in Kenya & Beyond
In this section of the interview with David Morema, CEO of Virtual Pay, he shares his bold expectations for the company’s future. Morema envisions Virtual …
Behind the Scenes of Africa’s Digital Finance: Virtual Pay’s White-Label Strategy for Banks and Financial institutions
In this section of the interview with David Morema, CEO of Virtual Pay, he explains why the company has been cautious about extending its services to the retail market. Morema highlights that the primary challenge lies in client acquisition and market penetration, which can be both resource-intensive and slow when targeting individual consumers.
Instead, Virtual Pay has chosen to focus on its core clientele: banks and larger financial institutions. According to Morema, this strategic focus enables the company to maximize its impact by providing seamless, white-labelled payment solutions that these institutions can offer to their own clients. He emphasizes that Virtual Pay does not view itself as a competitor to banks and financial institutions. Rather, the company positions itself as a collaborator and partner, enhancing the financial ecosystem by helping banks deliver cutting-edge payment services under their own brand.
This approach, Morema explains, not only aligns with Virtual Pay’s strengths but also allows for scalable growth and sustained innovation within the financial services sector.
AquaRech LtD Launches AquaFedha: Africa’s First Credit Finance Product
AquaRech LTD, in collaboration with Equity Bank and TechnoServe, has introduced AquaFedha, Africa’s inaugural credit finance product tailored specifically for small and medium-sized fish farmers. …
How Dr. Maxwell Okoth Is Making Health Insurance Accessible to Middle-Income Families in Kenya
Dr. Maxwell Okoth: Building a Healthcare Empire from the Ground Up in Kenya In this compelling interview, Marcopolis sits down with Dr. Maxwell Okoth, founder …
Inside RFH Healthcare: Dr. Maxwell Okoth on PET-CT Scans, Lutetium Therapy, and Cancer Care in Kenya
In this exclusive interview, Marcopolis speaks with Dr. Maxwell Okoth , a visionary entrepreneur and the founder and Group Managing Director of RFH Healthcare , one of the fastest-growing healthcare networks in Kenya. Dr. Okoth shares insights into the evolution of RFH from a modest clinic to a trailblazing medical institution , addressing the urgent need for affordable healthcare in Kenya . He discusses the critical role of the Social Health Insurance Fund (SHIF) , the transition from NHIF to SHIF , and Kenya’s journey toward universal health coverage .
comprehensive offering as one of the few healthcare providers offering comprehensive cancer care in Kenya , RFH is leading the charge with innovative treatments such as PET-CT scans , lutetium therapy for prostate cancer , and brachytherapy . Dr. Okoth also touches on the importance of medical imaging services , minimally invasive surgery , and access to advanced radiotherapy machines in transforming oncology services.
Storage Central: Expansion, Growth, and Vision for the Future
Storage Central is thrilled to announce the expansion of our facility on Mombasa Road in Nairobi. We are adding an additional 1,800m² of space, designed …
Interview with Mercy Mugure, CEO of EngPlan Consulting: From Structural Mastery to Regional Leadership
EngPlan Consulting Engineers, established in 2006, specializes in structural and civil engineering, offering services across diverse sectors, including hotels, hospitals, commercial buildings, and high-end residential …
EngPlan Consulting Engineers: Pioneering Structural and Civil Engineering Excellence in Kenya
EngPlan Consulting Engineers, a leading Kenyan engineering firm, has established itself as a key player in Kenya’s civil engineering sector since its inception in 2006. With expertise in structural engineering, the firm has expanded to include water and wastewater engineering, master planning, and logistics and warehousing projects. EngPlan is at the forefront of engineering innovation in Kenya, focusing on structural optimization to enhance sustainability by reducing material waste and carbon footprints.
The company has contributed to significant affordable housing projects in Kenya, as well as youth housing initiatives, responding to growing demands in the private and government sectors. Kenya’s infrastructure development remains a priority, with EngPlan participating in transformative civil works that address critical needs, such as water and sanitation.
Looking ahead, EngPlan has ambitious goals for regional growth, including venturing into the DRC and Rwanda. They aim to leverage partnerships in African engineering and expand their service offerings to include mechanical and electrical solutions, solidifying their reputation as a one-stop shop for engineering. Succession planning and mentorship are also integral to their vision, ensuring a pipeline of skilled engineers to sustain the firm’s success.
With a track record of delivering innovative solutions for clients like USIU University and Acorn Holdings, EngPlan continues to shape Kenya’s engineering landscape, positioning itself as a trusted partner in civil engineering trends across Eastern Africa.
Empowering Smallholder Fish Farmers: Inside AquaRech’s Innovative Approach
Join us as we explore the fascinating world of aquaculture with Dave Okech, the founder and CEO of AquaRech, a trailblazing company revolutionizing fish farming …
How AquaRech is Revolutionizing Aquaculture in Kenya with Digital Technology
AquaRech, a leading aquaculture technology company founded in 2019 by Dave Okech, is revolutionizing fish farming in Kenya and beyond through innovative solutions tailored to address critical challenges faced by smallholder fish farmers. Leveraging a digital platform powered by mobile app technology, AquaRech bridges gaps in the aquaculture sector by providing farmers with high-quality fish feeds, credit financing, market access, and technical support. The AquaRech Fish Farmer app, accessible through both smartphone and USSD versions, empowers farmers with tools to monitor fish growth, track feed usage, and connect with a structured fish market through a unique buyback system. Additionally, the AquaRech Fish Deli app caters to consumers, offering doorstep delivery of air-fried Kenyan farmed tilapia, showcasing the company’s commitment to vertical integration.
AquaRech’s innovative solutions, such as the “buy now, pay later” financing model, help farmers access critical inputs like feed, enabling them to reduce production time from 16 months to 8 months and achieve a 40% increase in productivity. The integration of IoT water temperature sensors and real-time performance tracking further enhances precision farming. AquaRech not only supports sustainable fish farming practices but also aims to transition smallholder farmers into commercially profitable ventures. With over 6,000 farmers on its platform and a goal to scale to 10,000 by next year, the company is set to make a significant impact on the aquaculture industry in Kenya and expand its reach to East Africa, including Uganda, Tanzania, and Rwanda.
Having raised nearly $3 million in funding through seed rounds, grants, and debt financing, AquaRech is poised for rapid growth. The company’s ambitious Series A funding round, targeting $8 to $10 million, will focus on scaling credit financing, enhancing production systems, and increasing market access for farmers. By addressing overfishing, declining fish stocks, and Africa’s growing protein demand, AquaRech positions itself as a key player in the sustainable transformation of aquaculture in sub-Saharan Africa. Through its digital solutions and strategic partnerships with organizations like Equity Bank, AquaRech is ensuring that fish farming is not just viable but profitable for thousands of smallholder farmers.