Kenya Commercial Bank (KCB) News

Edwin Dande, Managing Partner & CEO, Cytonn Investments

Meet the Kenyan entrepreneur who built an $800 million asset management firm

Kenyan-born Edwin Dande is the Founder of Cytonn Investments, an alternative investment management and real estate company, with offices in Nairobi and the DC Metro area.

Africa's banker of tomorrow

Armed with fintech and fueled by data: Africa's banker of tomorrow

Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.

James Mwangi, CEO, Equity Bank (L); James Mworia, CEO, Centum Investment Group; Bob Collymore, CEO, Safaricom

Centum's James Mworia beats Mwangi, Collymore as Kenya's best paid CEO

James Mworia, Centum Investment Group’s Chief Executive, is corporate Kenya’s best paid CEO with an annual compensation of Sh201.1 million (Approximately $2 million).

Visa launches mobile money service mVisa to rival Safaricom's M-PESA

Visa launches mobile money service mVisa to rival Safaricom's M-PESA

Visa Inc., the world’s largest payments network, introduced a mobile-phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest telecommunications company, Safaricom Ltd.

Shiv Arora, Head of Private Equity Real Estate, Cytonn Investments

Local banks knock off foreign dominance in Kenyan market: Shiv Arora, Head of Private Equity Real Estate, Cytonn Investments

Kenyan banks have knocked off foreign dominance in the market posing a risk for the latter to exit the market if they fail to change their strategy.

In partnership with mobile money platform M-PESA, KCB disburses one loan every eight seconds.

Fact of the Day: Kenyan bank KCB disburses one loan every eight seconds

Bid farewell to long lines at the teller window. Brick and mortar bank branches will soon be going the way of the dinosaur.

John Magufuli, Tanzania's President-Elect

Tanzania's Election - Bullish on the Bulldozer: Ryan L. Hoover, Investment Analyst, Africa Capital Group

It wasn’t pretty, but John Magufuli ended up winning the most hotly contested presidential election in Tanzania’s history last week.

Joshua Oigara, CEO, KCB

Kenya's largest bank KCB plans to raise funds to grow even larger

Kenya Commercial Bank Ltd., the country’s largest lender by market value, will raise capital over the next three years to expand in the region, Chief Executive Officer Joshua Oigara said.

Safaricom's M-PESA

The battle between Africa's mobile phone companies and banks is a boon for financial inclusion

Another week and another bank in Africa is entering the mobile money space.

Mobile connectivity and technology in Africa: Ahead of the global game.

Mobile connectivity and technology in Africa: Ahead of the global game?

Mobile internet adoption in Africa is taking place at almost double the global rate, a trend that has sparked debate among development and tech enthusiasts as to whether this marks a radical shift in the way the internet of the future will be used and accessed.

A customer conducts a mobile money transfer via M-PESA inside the Safaricom mobile phone care center in the central business district of Kenya's capital, Nairobi. REUTERS/Thomas Mukoya

Kenya's KCB signs up 1.8 million mobile banking customers in 3 months

Kenya’s biggest bank by assets, KCB, has signed up 1.8 million customers for its mobile phone-based service since it was launched in March and is on target for 10 million users within a year from now, its chief financial officer said.

Joshua Oigara, CEO, KCB

Kenya's KCB sees growth from new M-PESA-based mobile phone accounts, says CEO Joshua Oigara

Kenya’s largest lender KCB has launched a new service that allows depositors to open mobile phone-based accounts, which it’s CEO said could make up to nearly a third of its business in two years.

Rwanda Stock Exchange (RSE)

Rwanda Stock Exchange wins prize cross-listing of Kenya's Equity Bank

It might be one of the world’s tiniest stock markets, with only six listed companies, but a seventh addition has just doubled the value of the Rwanda Stock Exchange.

Mobile money use in Africa

Mobile money in Africa: The next generation

Africa has forged a reputation as a global leader in mobile financial services.