Safaricom secures insurance licence after a four-year wait
Safaricom secures insurance license from the Insurance Regulatory Authority. Launch of new insurance product Bima for M-Pesa users.
Exclusive: Nigeria’s Access Bank nears completion of National Bank of Kenya acquisition
Access Bank to acquire National Bank of Kenya from KCB Group pending regulatory approvals. The deal could be priced around $100 million based on NBK's book value.
Access Holdings to raise $1.8bn ahead of Nigerian banks’ recapitalisation
Access Holdings plans to raise $1.5 billion and $287 million to fund its growth plans and meet the new capital requirement by the Central Bank of Nigeria. The central bank increased the minimum capital requirement to $364.56 million by March 31, 2026.
Nigeria’s Access Bank acquires National Bank of Kenya in its second Kenyan acquisition
Access Bank will acquire the National Bank of Kenya (NBK) from the KCB Group. The acquisition is expected to take 6 to 9 months to close.
