COVER STORY
Raphael Kimeu, CEO STAWIKA CAPITAL
STAWIKA CAPITAL’S QUEST TO BECOME KENYA’S FIRST DIGITAL BANK
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Words Sylvester Okumu
Startupmagazine.co.ke
August 2019
enya has been at the cusp of rapid growth in the last decade supported by strong government, private sector and foreign investment. Key drivers of this development include the ICT sector expanding from 10 per cent to 22 per cent in the same period; with
mobile adoption and internet connectivity at 91 per cent and 84 per cent respectively. In the midst of this revolution, Raphael Kimeu was working as a credit manager with an illustrious career in the banking sector. Around the same time, Kenya’s
