The loan to KCB is part of IFC’s growing work in Kenya to increase the amount of climate financing available.
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
The reading was the lowest seen since the lockdown-hit period in April 2021.
Kenya is in breach of East Africa’s FX reserve policy, where members are expected to have above 4.5 months of import cover at all times.
This is the third month the inflation rate is outside the government’s targeted band of 2.5% to 7.5%.
The deal comes from KCB’s acquisition of Rwanda’s Bank Populaire Du Rwanda (BPR) in 2021.
The customer pilot in Dire Dawa will be on 2G, 3G and 4G networks