The Competition Authority of Kenya (CAK) has approved the acquisition of 51 per cent of all issued shares of Smep Microfinance Bank by Hope Advancement without conditions. Hope Advancement Inc. is a wholly-owned subsidiary of Hope International, a charitable entity registered in the United States of America. SMEP Microfinance Bank is a public company incorporated … Continue reading CAK Approves Hope Advancement’s 51pct Acquisition of Smep Microfinance Bank