Ecobank Kenya has raised its capital base to $65 million after injecting $27 million in fresh capital that will support the lender’s regional expansion plans, becoming the first bank to disclose capital injection in view of Kenya’s revised core capital requirements. The bank has received US$27.0 million capital injection following the Business Laws (Amendment) Act…...
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Ecobank Kenya injects $27 million to meet new capital requirements
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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