Business & Economy2 stories

International Business Developments Affecting Kenya

Pakistan's Bank Al-Habib shuts Kenyan office reducing global presence as EBRD seeks approval for Nairobi office.

📰 Coverage & Analysis

Pakistan’s Bank Al-Habib closes Kenyan office as it cuts global presence

Analysis: Bank Al-Habib Limited has officially exited the Kenyan market following the cancellation of its operating license by the Central Bank of Kenya (CBK), effective May 15, 2025.

Capital Business•2mo ago

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EBRD awaits Parliamentary nod to open regional office in Nairobi

Analysis: The European Bank for Reconstruction and Development (EBRD) has announced plans to establish its African continental office in Nairobi, pending approval from Parliament. President William Ruto has endorsed this initiative, highlighting its potential to bolster support for Micro, Small and Medium Enterprises (MSMEs) and enhance economic growth through Public-Private Partnerships.