New banks will be allowed to operate in Kenya as long as they meet the minimum core capital requirements, the Central Bank of Kenya (CBK) says on wednesday 16 April, 2025, following the lifting of a decade-long moratorium on licensing new lenders. The ban was imposed in 2015 against a backdrop of governance, risk management…...
Trending
- Insurance: 8.2% increase in premiums issued by STAR company at the end of September 2025
- Tunisia: 22.2% Increase in Long-Term External Debt Service in 2024
- Senegal: The Treasury collects 21.919 billion CFA francs on the UEMOA financial market
- Insurance: Groupe Dayo expands its activities in Côte d’Ivoire
- For deep financial inclusion in the WAEMU: strengthening financial cooperatives to achieve the social mission of microfinance
- Niger-France: tensions at their peak between Orano and Niamey
- Ivory Coast: Human Development Index in clear progression, according to the AfDB
- Ivory Coast: Human Development Index on a clear upward trend, according to the African Development Bank (AfDB)
Kenya’s central bank lifts decade-long ban, welcomes new banks
A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi. © DR
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