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Date Finally Set for Kenya to Receive its First Flying Taxis - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Last year in August, IT News Africa covered a story that Kenya Airways and its subsidiary had signed a deal with Brazilian aircraft manufacturer Embraer to bring “flying taxis” to Kenya’s capital of Nairobi. Now it is reported that the date has finally been set by Kenya Airways to launch their new eVTOL (electric vertical […]

Sri Lanka s LOLC gets nod to buy Kenya micro-financier: report

Sri Lanka s LOLC Holdings has been given the nod by authorities in Kenya to buy Key Microfinance Bank Plc, a media report said.

Sri Lanka firm gets nod for Sh237m Key Microfinance buyout - Adaderana Biz English

Business Daily Africa – LOLC Holdings Plc, Sri Lanka’s second-largest publicly traded company by revenue, has received regulatory approval to acquire a 73.2 percent stake in Key Microfinance Bank Plc. The lender, which formerly traded as Remu, is selling shares to the multinational at a cost of Sh237 million. Finance cabinet Secretary Ukur Yatani last.

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