KCB’s Pesapal Stake Surfaces in Tanzanian Regulatory Filing, Confirming 22.23% Deal

KCB Group, Kenya’s largest bank by assets, is acquiring a 22.23% stake in payments firm Pesapal, according to a notice from Tanzania’s Fair Competition Commission that discloses the size of a deal KCB has kept under wraps since 2025. The FCC notice, published on August 21, marks the first public confirmation of the exact stake … Continue reading KCB’s Pesapal Stake Surfaces in Tanzanian Regulatory Filing, Confirming 22.23% Deal