KCB Seeks Regulatory Approval to Acquire Stake in Pesapal

KCB Group, Kenya’s largest bank by assets, is awaiting regulatory approval to acquire a stake in regional payments firm Pesapal as it moves to expand merchant payments across East Africa. Chief Executive Paul Russo disclosed the planned transaction during an investor briefing in Nairobi, where the bank outlined its next phase of growth investments. “We … Continue reading KCB Seeks Regulatory Approval to Acquire Stake in Pesapal