Standard Chartered wins the Digital innovation award at the CIO 100 Africa 2021 Awards

Standard Chartered Bank has been feted at the CIO Africa 100 Awards with the bank emerging winner in the Banking Sector Award category. The bank was recognized for its exemplary performance in the sector with a highlight on its digital innovation and … Continue reading Standard Chartered wins the Digital innovation award at the CIO 100 Africa 2021 Awards

European Investment Bank strengthens engagement in Africa with new Nairobi Hub

On his first official visit to Africa since that start of the COVID-19 pandemic, European Investment Bank President Werner Hoyer and Vice President Thomas Östros today formally opened the EIB’s new Nairobi Hub with Kenyan Finance Minister, Cabinet Secretary Ukur … Continue reading European Investment Bank strengthens engagement in Africa with new Nairobi Hub

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, … Continue reading Absa Bank finances KES1.2 billion vehicle leasing deal for National Police Service

Standard Chartered to support restoration and conservation of the Nairobi Arboretum Park

Standard Chartered Bank Kenya Limited has undertaken a 3 years partnership with Kenya Forest Services and Nairobi Arboretum Conservancy Community Forest Association (NACCFA) to support the restoration and conservation of one of the oldest parks in the city; the Nairobi Arboretum Park. … Continue reading Standard Chartered to support restoration and conservation of the Nairobi Arboretum Park

Shelter Afrique receives USD2.7m capital boost from Tanzania 

The Government of Tanzania has increased its stake in Shelter Afrique after paying USD2.7 million in additional capital, the pan-African housing development financier has disclosed. The Additional stake now takes Tanzania’s shareholding to 1.54% up from 0.3% held previously. Effectively, the … Continue reading Shelter Afrique receives USD2.7m capital boost from Tanzania