IFC
IFC Invests Sh3B in Building 5,000 Affordable Houses in Kenya
IFC has concluded and signed an equity investment worth Ksh3.08 billion ($20.9 million) into International Housing Solutions (IHS) Kenya, a US-owned Southern African...
KALU MENGO
KCB Gets Ksh18B IFC Loan For Green Lending
KCB Bank Kenya and IFC have signed a partnership that will help catalyze the growth of climate finance in Kenya by increasing support...
BT Reporter
Foreign Investors Move Closer To Taking Over Naivas Supermarket
Proparco, Mauritian conglomerate IBL Group and German sovereign wealth fund DEG will be taking the substantial interest in the company, currently the leading...
BT Correspondent
Equity Acquires Ksh18.6 Billion Loan From IFC For SME Lending
Equity Group has acquired a US$ 165 million (Ksh18.6 billion) loan from the International Finance Corporation (IFC) to help it increase working capital...
FRANCIS MULI
Britam Sells Ksh7.7 Billion Equity Shares In Search Of Stability
Britam Holdings Plc has opted to sell its shares held in Equity Group Holdings Plc, even as it looks to stabilise. According to...
FRANCIS MULI
IFC-led Competition Offers Kakuma Businesses Up To Ksh5 Million Capital Boost
IFC and the Africa Enterprise Challenge Fund (AECF) have launched a competition for established local businesses in Turkana County in the Kakuma refugee-hosting...
BT Correspondent
Access to Imperial Bank Vault Ignites Interest in KCB Shares
KCB recently announced that it had taken over Ksh3.1 billion in deposits belonging to collapsed Imperial Bank, expanding its customer base.
BT Reporter
IFC Partners with Twiga Foods to boost Kenya’s food safety
Twiga foods on Monday signed an agreement with the International Finance Corporation (IFC) to help boost food safety in the country. The initiative,...
Kevin Namunwa
Actis acquires majority stake in wind power producer, Kipeto Energy
The project is now funded by equity from Actis (88%) and Kenyan company Craftskills Wind Energy International (12%) alongside senior debt from the...
BT Correspondent
