KCB Group is planning to acquire a 22.23 percent stake in the digital payments firm Pesapal Limited, as revealed by Tanzania’s Fair Competition Commission (FCC).

• The planned acquisition involves 22.23pc of Pesapal Limited.
• Key organizations involved are KCB Group and Pesapal Limited, with the disclosure made by Tanzania's Fair Competition Commission (FCC).
• Pesapal is licensed by the Central Bank of Kenya and operates across Kenya, Uganda, Tanzania, Rwanda, and Zambia.