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Standard Bank Group Ltd.'s Kenyan unit plans to double its retail footprint across the East African nation in three years as the continent's biggest lender seeks to capture more clients and revenue....
South Africa's Absa Group Ltd. plans to raise its stake in its Kenyan unit to 85% through a $238.7 million tender offer, underscoring its confidence in East Africa's growth prospects....
Standard Chartered Bank Kenya Ltd.'s first-half profit declined by a fifth after income from foreign-exchange trading plunged and from loans dipped....
Sun King, the world's largest off-grid solar company, has secured $156 million in financing backed by Citigroup Inc. and British International Investment to boost access to affordable solar power across Kenya....