Paul Russo, CEO of KCB Group, has been honored as the African Business Leader of the Year by Africa Leadership Magazine, recognizing his transformative vision and outstanding contributions to the banking sector across the continent.
Kingdom Bank has unveiled its latest branch in Kitale, Trans Nzoia County, marking a strategic move in its branch expansion plan to increase its reach and better serve the growing clientele, especially Micro, Small, and Medium Enterprises (MSMEs) across Kenya.
iHUB Kenya has unveiled twelve innovative EdTech start-ups selected for the second cohort of the Mastercard Foundation EdTech Fellowship. Launched in 2023, this fellowship programme, in partnership with the Mastercard Foundation, accelerates technology-driven education solutions across Kenya and Africa.
I&M Group, a listed lender, significantly expanded its operations last year, adding 299 new jobs as part of an aggressive growth strategy. This increase brought the total employee count to 2,827, up from 2,528 in the previous year, supporting the group’s retail and digital strategy.
The Export-Import Bank of India has announced a significant increase in its lending to Kenyan businesses, raising the facility to Sh32.5 billion. This expansion follows the inauguration of a representative office in Nairobi’s Westlands, aiming to bolster trade between India and the East African region. The opening ceremony, attended by Prime Cabinet Secretary Musalia Mudavadi, marked a milestone in strengthening economic ties.
