Kenya Commercial Bank (KCB) and Equity Group will be required to sell at least 30 percent of their stakes in their Democratic Republic of Congo (DRC) subsidiaries as is required under Instruction 18. According to DRC’s central bank (Banque Centrale du Congo (BCC)), banks operating in the country should have at least four unrelated shareholders,…...
Trending
- Tunisia: Attijari Leasing Board of Directors proposes the distribution of a total dividend of 6.050 million dinars for the 2025 fiscal year
- BEAC fully committed to repatriating export revenues
- Tunisia: Attijari Leasing records increased profit and announces dividends
- Islamic Finance and PPP: Issa Malgoubri’s suggestions for mobilizing resources
- Basel II/III and Financing the Economy in the UEMOA: Successfully Transitioning to “Basel 4”
- Rating: Bloomfield maintains Orange Côte d’Ivoire’s long and short term ratings unchanged
- UEMOA: 7.8% increase in interbank market trading volume in November 2025
- Tunisia: Inflation rate for the entire year 2025 stood at 5.3%
Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries
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.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com