Kenyan Financial Institutions Launch Financing Initiatives - August 2025

Equity Bank and CFAO Mobility Kenya have partnered to launch a 105% vehicle financing solution designed for educational institutions across Kenya, aiming to provide safe and reliable school transportation with flexible payment plans up to 84 months. Concurrently, Sun King has secured a landmark KES 20.1 billion (USD 156 million) securitisation deal, the largest of its kind in Sub-Saharan Africa outside South Africa, to expand off-grid solar power access for an estimated 1.4 million low-income households and businesses in Kenya. Additionally, Infinix is running a limited-time mid-year clearance sale in Kenya, offering discounts of up to KES 3,000 on its Smart 9 and Hot 50 Pro+ smartphone series.

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Sun King Closes KES 20.1 Billion Securitisation to Expand Off-Grid Solar Access Across Kenya

Sun King, the world’s largest off-grid solar energy company, has secured a landmark KES 20.1 billion (USD 156 million) securitisation deal, the largest of its kind in Sub-Saharan Africa outside South Africa. This financing aims to expand solar power access for an estimated 1.4 million low-income households and businesses across Kenya.