Dec 032022
 
 December 3, 2022  Posted by  Non-U.S.

Faustine Ngila reports:

An easy mobile-loan scheme that catapulted president William Ruto’s rise to power in Kenya only a few months ago has quickly turned into a lightning rod for data privacy concerns.

The Hustler Fund is Ruto’s $410 million loan project meant to lift millions of Kenyans out of poverty through his bottom-up economic model. In a country where only 9% of the workforce has a stable income—39% of Kenyan youth are without jobs—such an offer carries huge potential.

Read more at Quartz.

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