Led by Kenya’s richest families, NCBA secures $50-million loan from Proparco
The $50-million loan from Proparco represents a significant milestone for NCBA Group as it continues to drive sustainable economic growth and support SMEs in Kenya.
The $50-million loan from Proparco represents a significant milestone for NCBA Group as it continues to drive sustainable economic growth and support SMEs in Kenya.
The Moi family, renowned for its significant influence in both business and politics, has emerged as one of Kenya’s wealthiest families.
Kenya’s wealth gap is staggering.
NCBA’s loan to Grit now represents more than 2.27 percent of the real estate company’s overall debt.
NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.
NCBA Group is partly owned by the super-rich Kenyatta, Merali, and Ndegwa families.
NCBA Group is a Nairobi-based financial services conglomerate.
This year alone, the group has launched four branches in Kenya.
The double-digit increase in earnings was driven by a significant rise in interest and non-interest income.