I&M Group Lifts Stake In Tanzania Unit To 95.5% As Minority Shareholders Exit
I&M Group PLC has raised its ownership in I&M Bank (T) Limited to 95.5% after acquiring shares previously held by PROPARCO and Microfinance East Africa Ltd. The stake increase from 84.9% follows receipt of all corporate and regulatory approvals and consolidates the group’s control of its Tanzanian unit, according to a board notice dated January 13, 2026.
CIB Bank Kenya Appoints Tirus Mwithiga as its new CEO
CIB Bank Kenya has appointed Tirus Mwithiga as its new CEO, taking over from Abhinav Nehra, who was appointed to the role in April 2024.
Mastercard Boosts Africa Acceptance Network by 45% in 2025, Accelerating the Continent’s Digital Economy
Mastercard has grown its acceptance network across Africa by 45 per cent in 2025 – a major milestone that brings millions more consumers and small businesses into the continent’s fast-expanding digital economy.
DTB, Equity, KCB Reset Loan Pricing After CBK Cuts Policy Rate to 9%
The three banks’ updates show a fast alignment of retail and business lending to the CBR.Equatorial Guinea Joins the Africa Finance Corporation
Equatorial Guinea has become the 47th member of the Africa Finance Corporation, the continental body said in a statement on Thursday.
Kenya’s Private Sector Credit Rises to KSh 4.15Trillion on November Growth
Private sector credit rose 6.3 percent YoY to a record KSh 4.15T in November 2025, reversing the January contraction and signalling a clear shift in Kenya’s credit cycle. Lending rates fell to 14.9 percent as the Central Bank cut the policy rate to 9 percent. Banks reported stronger liquidity and steady credit standards in Q3, while the NPL ratio eased to 16.5 percent from the mid-year peak.CBK Extends Record Easing Run With Ninth Straight Interest Rate Cut
Central bank of Kenya cut its benchmark rate for a ninth straight meeting, lowering the Central Bank Rate to 9% as stable inflation and a firm shilling gave policymakers room to extend the longest easing cycle in the bank’s history. FX reserves rose to 12.1 billion dollars and credit growth improved. The MPC said growth is strengthening and highlighted the upcoming transition to a KESONIA-linked pricing framework that will tighten the link between policy and lending rates.Trump’s 50-Year Mortgage Idea, A Kenyan Analyst Weighs In
Trump’s 50-year mortgage idea is bold, perhaps even revolutionary. However, sometimes stretching a dream too far makes it fragile.
Family Bank Raises KSh 8Bn in Oversubscribed Private Placement
Family Bank has raised KES 8.004 billion through an oversubscribed private placement, surpassing its KES 6.09 billion target by 131%. The capital will fuel the bank’s digital transformation, strengthen lending- especially to MSMEs, green projects, and women- and youth-led enterprises, supporting local and regional expansion.
Africa Finance Corporation Raises US$524m Samurai Loan Facility
Infrastructure solutions provider Africa Finance Corporation (AFC) has closed a US$524 million equivalent dual-currency Samurai term loan facility.Credit Bank Under Scrutiny After Auctioning Borrower's Multi-Billion Property to Itself
The suit property sits in Mavoko Municipality and was charged to Credit Bank to secure financing that has since ballooned to KSh 817.8 million.Bankers’ Union Blocked From Accessing StanChart's Employees' Data
