The Online Kenyan Logo

The Online Kenyan

T
Originally published by Tech Arena
📰 Read Full Article
tech
November 3, 2025
4mo ago

KCB Group to Acquire Minority Stake in Pesapal

KCB Group to Acquire Minority Stake in Pesapal

KCB Group has announced plans to acquire a minority stake in Pesapal Limited, marking its latest move to strengthen its position in Kenya..

✨ Key Highlights

KCB Group has signed an agreement to acquire a minority stake in Pesapal Limited, a move aimed at expanding its footprint in fintech and digital financial services.

  • The deal, announced on October 31, is subject to regulatory clearance from the Central Bank of Kenya (CBK).
  • The investment will foster the development of innovative payment solutions for Kenya’s small and micro enterprises.
  • Pesapal is a key player in providing online and in-store payment solutions, including point-of-sale systems.

Continue Reading

Read the complete article from Tech Arena

📰 Read Full Article
Advertisement

Related News

Tanzanian tycoon acquires majority stake in Nation Media Group
business3d ago

Tanzanian tycoon acquires majority stake in Nation Media Group

Tanzanian businessman Rostam Azizi has acquired a majority stake in Nation Media Group (NMG), a leading East African media conglomerate, following the exit of the Aga Khan Fund for Economic Development (AKFED) after a 66-year investment.

C
Capital Business
📰 Read Full Story
South Africa’s Nedbank locks in a majority stake in Kenya’s NCBA Group
Video

South Africa’s Nedbank locks in a majority stake in Kenya’s NCBA Group

N
NTV Kenya (Youtube)
2w ago
Businessman Rostam Azizi acquires majority stake in Nation Media Group as Aga Khan exits after 66 years
top3d ago

Businessman Rostam Azizi acquires majority stake in Nation Media Group as Aga Khan exits after 66 years

Tanzanian businessman Rostam Azizi, through Taarifa Ltd, has acquired a majority stake in Nation Media Group (NMG), marking the exit of the Aga Khan Fund for Economic Development (AKFED) after a 66-year investment.

C
Capital News
📰 Read Full Story
KCB Group net profit up 11pc to Sh68.4bn
business2d ago

KCB Group net profit up 11pc to Sh68.4bn

KCB Group has announced an 11 percent increase in net profit, reaching Sh68.4 billion for the year ending December 31, 2025. This growth was driven by a significant rise in lending and overall revenues.

C
Capital Business
📰 Read Full Story
Minority investors win bigger say in KenGen Board shake-up
4w ago

Minority investors win bigger say in KenGen Board shake-up

Kenya Electricity Generating Company (KenGen) is implementing a new governance structure that will classify shares, granting minority shareholders increased power to select their representatives on the board. This change was discussed during an Extraordinary General Meeting in Nairobi.

T
The Standard Business
📰 Read Full Story
Advertisement