KCB Group, led by Kenyan banker Paul Russo, to buy majority stake in Riverbank for $15.4 million
KCB has worked with Riverbank Solutions since 2013, leveraging its technology to power its agency banking network.
KCB Group
Cereals company tied to Kenyan tycoon Ngugi Kiuna faces receivership over $28.6 million debt
The move reflects the growing financial strain on Kenyan businesses as economic pressures mount.
Kenyan banker Paul Russo-led KCB seeks $200-million loan for Kenyan subsidiary
KCB Bank Kenya’s loan book has surged in recent years, outpacing its deposit base.
Meet Nairobi-based entrepreneur who is disrupting Africa’s transport sector with his innovative startup
Under Bhattacharya, BasiGo has received $10.9 million in funding for BasiGo.
This Kenyan entrepreneur built a fintech platform that has processed over $1 billion in transaction
Kageni Wilson belongs to a new breed of African entrepreneurs.
Nairobi-based entrepreneur Jit Bhattacharya-led BasiGo partners with KCB to drive adoption of electric buses
Bhattacharya and his friend Jonathan Green founded BasiGo in 2021.
Kenyan tycoon Joshua Oigara’s KCB Group launches new subsidiary in Rwanda after merger
KCB Group operates as a holding company for subsidiaries across Africa.
Kenyan businessman Joshua Oigara’s KCB Group receives approval to merge Rwandan units
The merger will result in the creation of the second-largest bank in Rwanda’s banking industry.
Kenyan businessman Joshua Oigara’s KCB Group plans strategic acquisition in DRC
The proposed deal comes after the Oigara-led group expressed interest in negotiating another acquisition in Tanzania.
Kenyan businessman Joshua Oigara receives extension to stay with KCB Group until December
Under Oigara, the group’s assets have increased in value from $3.41 billion at the end of 2013 to $8.64 billion by the end of 2020.
Joshua Oigara-led KCB Group posts $224.37 million in profit as earnings in 9M 2021 surge
KCB Group is one of East Africa’s largest commercial banking groups.
Joshua Oigara-led KCB Group acquires Rwanda bank, Banque Populaire du Rwanda
The move increases the group’s market share in the Rwandan retail and SME banking sector.
Joshua Oigara-led Kenya Commercial Bank Group posts $139.7-million mid-year profits
Earnings surged by more than 100 percent in the first six months of 2021.
Kenyan steel tycoon Narendra Raval makes bid to rescue struggling sugar company
Founded in 1971, Mumias Sugar was once the largest sugar manufacturer in Kenya.
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