The transaction would give Mr Saini sole control of ABC Bank, a small Kenyan lender with 12 branches and operations serving businesses, individuals and institutional clients.
Browsing: Kenyan
For the second year in a row, startups in Kenya received the bulk of funding in 2024, 88 percent of the total raised in East Africa and more than a quarter of the continent’s total, according to a new report by Africa: The Big Deal.
Kenyan electric mobility startup ARC Ride has raised $33.3 million in a mix of equity and asset-backed debt financing to expand its battery-swapping network and accelerate the adoption of electric motorcycles across Africa.
