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…

Kenya overtakes Nigeria as Africa’s fastest-growing private-sector economy

Kenya has seized the crown as Africa’s fastest-expanding private-sector economy, ending Nigeria’s long dominance, according to the latest…

AfDB inks $73.31m loan to boost Kenya’s Science, Technology Education

The African Development Fund (ADF), part of the African Development Bank Group (AfDB), has approved a $73.31 million…

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Moniepoint Strengthens Banking Ambitions in Kenya with New CEO

Nigerian fintech unicorn Moniepoint Inc. has appointed former Branch Kenya Chief Executive Officer, Rose Muturi, as its Chief…

Interswitch Strengthens Kenya Fintech Business with New Managing Director

Interswitch has appointed Geoffrey Njuguna as the new Managing Director for its Kenya operations, reinforcing the company’s leadership as it accelerates…