LOLC Holdings Plc, a Sri Lankan holding company, will acquire nearly 73.2% of the shares of Key Microfinance Bank Plc, a microfinance bank operating in Kenya. Sri Lanka’s second-largest listed company by revenue recently obtained regulatory approval for the deal. The holding company now takes control of the national microfinance bank licensed by the Central…...
Trending
- Kenya: Visa disappears, barriers remain
- Senegal’s Debt: IMF Clarifies Key to Unlocking
- Daily news from African financial markets: BCEAO injects liquidity in Dakar; Safaricom control remains unchanged in Nairobi
- “Pan-Africanism yes, xenophobia no”: the message from lawyer NJ Ayuk
- BGFI Holding Corporation: successful bet, the offer of 80.558 billion CFA francs oversubscribed
- Dakar-Bamako Corridor: the southern route cannot bear Mali alone
- Facing African financial boundaries, Dangote’s IPO extended
- Daily African Financial Markets: Dangote IPO Extended
