Kenya: Kenyattas’ CBA bank in bid to acquire Kigali lender

Commercial Bank of Africa (CBA), which is majority-owned by the Kenyatta family, is in the running to acquire the Rwandese subsidiary of Uganda’s Crane Bank in what marks the latest expansion of the wealthy family’s empire.CBA already operates an equivalent of mobile banking service M-Shwari in Rwanda using a microfinance licence. The Nairobi-based lender is looking…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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