Mauritian Private Equity Fund Shorecap III, LP has acquired a 20 per cent shareholding in Credit Bank PLC (CBP). The…
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A Heart Attack is a condition that occurs when an artery that sends blood to the heart is blocked. Also…
Shareholders of KCB Group have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB). At the…
The deal comes from KCB’s acquisition of Rwanda’s Bank Populaire Du Rwanda (BPR) in 2021.
TMB, a public company limited by shares, is one of DRC’s largest banks, with US$1.5 billion in total assets.
Mr Ngumi takes over from Safaricom founder and CEO Michael Joseph, who has chaired the board since August 2020.