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Equity Bank Rwanda Extends Social Impact Contribution by Launching Education and Leadership Development Program

Equity Bank Rwanda has extended its social impact contribution by scaling up the various programs that are already under implementation through Equity Group Foundation (EGF), the Group’s social impact engine. The Bank, whose purpose is to transform lives and...

NCBA Projects Economy to Grow by 5.8% in 2021

Kenya’s Gross Domestic Product (GDP) is projected to grow by 5.80% in 2021, says NCBA Regional Economic Outlook Report. The growth forecast which is an upward revision to the bank’s initial baseline estimate of 5.3% in May 2021 is supported...

PwC: Sensitize Businesses to Effectively Prepare for the Africa Continental Free Trade Area (“AfCFTA”)

Kenya’s negotiators and implementers alike are working hard to make the Africa Continental Free Trade Area (“AfCFTA”) a reality for many Kenyan businesses. PricewaterhouseCoopers Limited (“PwC”) has today hosted a webinar to discuss the state of play of implementation...

NCBA Group PLC Reports a Pre-tax Profit of KES 11.1 Billion in Q3 2021 Results

NCBA Group PLC has posted a profit before tax (PBT) of KES 11.1 billion in its quarter three results ending September 30th, 2021. The PBT of KES 11.1 billion is a three-fold increase compared to KES 3.8 billion reported during...

BeMobile App Launched in Kenya’

BeMobile, a new African digital mobile network has been launched targeting the Kenyan and African youth market. In partnership with the global mobile virtual network Enabler (MVNE) x-Mobility (www.x-mobility.com), BeMobile gives Africans freedom and control over their communication. Not only will BeMobile give African...

Sanlam Kenya set to offer Annuity Loans

Sanlam pension annuity holders are set to enjoy access to personal loans against their monthly life cover pay-outs. Sanlam Kenya, the listed non-bank financial services provider has through its Sanlam Life subsidiary partnered with Stanbic Bank Kenya and Ecobank Kenya to...

Ministry of ICT Launches AJIRA Digital Club to Create More Employment Opportunities

The Ministry of ICT, Innovation, and Youth Affairs have today launched an AJIRA Digital Club at the Masinde Muliro University of Science and Technology in a bid to reach more youth and expand footprints of the AJIRA Digital Program across...

Kenya Banks Top 2021 African Business Magazine Regional Rankings

Kenyan Banks have emerged top of their other East African counterparts in the 2021 ranking of the continent’s top 100 banks by tier 1 capital conducted by Africa Business Magazine.  Equity was the highest-ranked in the report. The regional...

DTB Partner with Crown Motors Group to Offer SMEs Vehicle Financing Solutions

Diamond Trust Bank (DTB) has today announced a new partnership with Crown Motors Group, the official distributor of the Nissan brand in Kenya, to offer motor vehicle financing. The motor vehicle financing scheme dubbed ‘Beba Leo’ targets small and medium-sized...

Absa Bank finances KES1.2 billion Vehicle Leasing Deal for National Police Service

Absa Bank Kenya PLC has signed a tripartite financing agreement with CMC Motors Limited and Avenue Lease and Rentals to supply 240 vehicles to the National Police Service (NPS) under the ongoing government's vehicle leasing initiative. Under the tripartite agreement,...

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How your Chama can access Sh50 million investment loan repayable in 72 months

As Kenya’s chamas and investment clubs continue to play an increasingly important role in wealth creation, access to structured...
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