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Business

Moniepoint Completes Acquisition of 78% of Kenya’s Sumac in East Africa...

Sam Wakoba
Business

Kenya’s Wananchi group raises $57.5mn in growth capital

Sam Wakoba
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Business

Moniepoint Completes Acquisition of 78% of Kenya’s Sumac in East Africa...

Sam Wakoba
Business

National Bank of Kenya Profit Rises Sharply in First Year Under...

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Kenya’s Lewa Safari Marathon Targets KSh15 Million for Conservation

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Why the Blackcat Site Is Gaining Attention in Digital Finance

Ronald Bwire
Sam Wakoba

Moniepoint Completes Acquisition of 78% of Kenya’s Sumac in East Africa...

Nigeria-founded fintech Moniepoint Inc. has completed the purchase of a 78% stake in Sumac Microfinance Bank Kenya Limited, entering Kenya in a deal that underscores rising cross-border expansion by African digital lenders. The acquisition, which closed on Feb. 27 after approvals from the Central Bank of Kenya and the Competition...

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