Solar and financial technology firm M-Kopa Holdings Limited has received Sh7.94 billion from the International Finance Corporation to fund its business in Kenya and Uganda. The...
East Africa Portland Cement Company (EAPCC) claims it completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs...
The Senate wants the National Treasury to shed light on claims that the government was fined Sh1.3 billion by the Export-Import Bank of China and other...
KCB group has disbursed loans approximately KES 336b for eco friendly projects in their quest to facilitate sustainable finance. According to the report provided by business...
Kenya defaulted on refund of the Chinese loans which main purpose was for the construction of the standard gauge railway (SGR), highlighting the country’s struggles with...
Low purchasing power coupled with harsh economic realities pushed savings and credit co-operative societies (Saccos) members to borrow more to fund their financial obligations during the...
A reduction in loan impairment by 83 percent saw Standard Chartered post Sh5.4 billion net profit for the half year ended 30 June 2022. It represents...
Kenya has received a Ksh28 billion loan, an approved disbursement by the International Monetary Fund (IMF). The latest disbursement is part of the third installment of...
The International Monetary Fund (IMF) on April 7 posted a statement on its official website revealing the reason why it loaned Kenya Sh255 billion. The loan...
Safaricom contractors that may find themselves short on cash will now be able to access as much as Sh200 million in unsecured short-term loans following a...