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Why Kenya is among painful nations for suppliers in Africa
Kenya is one of the most painful countries for suppliers on the continent given the time it takes to get money paid for goods delivered. FILE PHOTO | CYRIL NDEGEYA | NMG
Kenya is one of the most painful countries for suppliers on the continent given the time it takes to get money paid for goods delivered.
A new report by Duplo, a payments platform for African businesses, shows that over 80 percent of Kenyan companies are taking more than a day to process invoices and the waiting can take nearly a year for some firms before the money is received.