Access Bank has expanded its footprint in East Africa with the acquisition of Tanzania’s African Banking Corporation (BancABC Tanzania), a move aimed at bolstering its regional presence and enhancing customer offerings.
Kenya Re has announced a robust financial performance for the year 2023, with gross profit surging by 53% to Sh7.03 billion compared to the previous year, showcasing strong growth buoyed by prudent underwriting and business diversification efforts.
Absa Bank Kenya and the International Trade Centre (ITC) SheTrades Kenya Hub are set to host the Absa InspireMe Conference, the continent’s largest gathering of women entrepreneurs, targeting over 10,000 participants. This initiative, under Absa Bank’s Women in Business proposition launched in 2021, aims to facilitate market linkages, business-to-business networking, and mentorship.
TotalEnergies Marketing Kenya (TMK) has significantly expanded its electric vehicle (EV) charging network, setting up 13 charging sites in partnership with leading e-mobility firms Ampersand, Roam, and Arc Ride. This strategic move highlights TMK’s commitment to promoting clean transport and sustainability.
