Stanbic Appoints Regional CEO; Kenyan Firms Launch New SEZ, Financing, and Data Products - August 2025

Standard Bank Group has named Dr. Joshua Oigara, the CEO of Stanbic Kenya, as the new Regional Chief Executive (RCE) for East Africa. Dr. Oigara will continue to lead Stanbic Bank Kenya, a position he has held since December 2022. In other corporate developments, Safaricom has launched B-Live, a new time-based internet bundle offering continuous browsing for a set duration instead of data limits to provide more flexible internet solutions. SBM Bank Kenya and Caetano Kenya have also partnered to offer financing solutions for new vehicles and equipment, making them more accessible for individuals and businesses. At the Tatu City Special Economic Zone, Kifaru Exim SEZ Ltd was launched to boost Kenya's export capabilities by equipping Small and Medium Enterprises (SMEs) with global trade infrastructure.