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IFC, co-lenders loan $150m to KCB Bank Kenya for green projects, SMEs

IFC, a member of the World Bank Group, The SANAD Fund for MSMEs (SANAD), the Belgian Investment Company for Developing Countries (BIO), and Symbiotics today announced a loan to KCB Bank Kenya to help the bank increase lending for climate-friendly projects and to smaller businesses, especially those owned by women. The loan of up to $150 million will strengthen KCB Bank Kenya s capital base and allow it to finance eligible projects and businesses, many of which are facing COVID-19-related challenges, including challenges accessing working capital and funds for expansion. Of the $150 million, IFC contributed $101.75 million and mobilized $22 million from BIO, $15 million from SANAD Fund, and $11.25 million from Symbiotics.

Jumoke jagun dokunmuLuuk zonneveldDuncan frayneDaniela beckmannJoshua oigaraWorld bank groupBelgian investment company for developing countriesBank kenyaPie kamauBelgian investment companyDeveloping countriesChief executive officerManaging directorRegional directorEastern africaடங்கன் ப்ராய்னே

KCB profit drops to Sh19 6b due to subdued economic activity

KCB profit drops to Sh19 6b due to subdued economic activity
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

Lawrence kimathiJoshua oigaraAndrew wambari kairuKcb groupChief executive officer joshuaChief finance officerYear financialக்க்ப் குழுதலைமை நிர்வாகி அதிகாரி ஜோஷுவாதலைமை நிதி அதிகாரிஆண்டு நிதி

The worst of Covid-19 behind us with 2021 looking brighter

The worst of Covid-19 behind us with 2021 looking brighter
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Joshua oigaraEast africa

Fact Check: How much do these CEOs really earn?

THE STANDARD By Fredrick Obura | January 22nd 2021 at 15:07:11 GMT +0300 A couple of weeks ago, there was a graphic circulating that showed the alleged monthly salaries of the top ten highest paid chief executive officers in Kenya. The source was Wanjiku Reports. As expected, the ranking raised eyebrows and generated a heated debate online. On the list was Kenya Airways CEO Allan Kivaluka, a company that has been going through financial hardships coupled by the effects of Covid-19. Listed companies The 10 CEOs of the companies listed by Wanjiku Reports are all listed at the Nairobi Securities Exchange. They include: Gideon Muriuki (Cooperative Bank), Joshua Oigara (KCB Group), Peter Ndegwa (Safaricom), Allan Kilavuka (Kenya Airways), Jeremy Awori (ABSA), John Gachora (NCBA), Jane Karuku (EABL), Benson Wairegi (Britam), James Mwangi (Equity) and James Mworia (Centum).

Nairobi areaJeremy aworiJane karukuPeter ndegwaPeter ndegwa safaricomSebastian mikoszJane kariukiAllan kivalukaBenson wairegi britamBenson wairegiGideon muriukiJames mwangiAllan kilavukaJames mworiaJohn gachoraJoshua oigara

New KNEC Exam Model Raises Concern

New KNEC Exam Model Raises Concern 19 January 2021 - 7:16 am Education CS George Magoha speaks to a student at Langas Primary School in Eldoret, Uasin Gishu County on Friday, November 6, 2020 Twitter Headteachers from across the country have raised concerns over the administration of the national assessment examinations for primary school pupils that started on Monday, January 18, 2021. The school heads decried logistical troubles in the preparation for the exams, with several institutions failing to start the exams. The headteachers argued that high internet and printing costs posed a major challenge to the administration of the exams. The school heads also raised the lack of access to Information Communication Technology (ICT) facilities and lack of funds as other challenges experienced.

Belio kipsangGeorge magohaJoshua oigaraInformation communication technologyWorld bankGlobal partnership for educationKenya national examinations councilOlympic primary school in kibera onEmbu county primary school onMinistry of educationCabinet secretary professor george magohaPrincipal secretary belio kipsangOlympic primary schoolGrade fourClass eightGlobal partnership