Kenya

CAK approves KCB Group’s acquisition of 75% stake in Riverbank Solutions

The Competition Authority of Kenya (CAK) has granted conditional approval to KCB Group, Kenya’s largest lender by assets,…

Nedbank plans 66% acquisition of NCBA Group

South Africa’s Nedbank Group Limited has announced its intention to acquire a controlling 66% stake in NCBA Group…

Lake Gas gains foothold in Kenya’s cooking gas market

Tanzanian oil marketer, Lake Gas has captured a 2% share of Kenya’s imported cooking gas market, breaking into…

CRDB Bank opens Namanga branch to boost cross-border trade

CRDB Bank has officially opened a new branch in Namanga, a strategic border town connecting Tanzania and Kenya,…

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Risper Genga Ohaga appointed as APA Apollo Group CEO

East African Breweries Limited (EABL) Chief Financial Officer Risper Genga Ohaga has been named Group Chief Executive Officer…

Absa Group CEO Kenny Fihla visits Kenya to deepen strategic ties

Absa Group CEO Kenny Fihla has arrived in Kenya for a three-day working visit aimed at deepening engagement…