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MICROCAPITAL BRIEF: Sun King Raises $130m for Pay-as-you-go Solar in Kenya, Citi is Sole Arranger

MICROCAPITAL BRIEF: Sun King Raises $130m for Pay-as-you-go Solar in Kenya, Citi is Sole Arranger
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New yorkUnited statesSouth africaUnited kingdomNederlandse financierings maatschappijSun kingElva montelongoDevelopment bankStandard bank groupTravelers groupKenya stanbic bankBritish international investmentStanbic bankSouth africa based standard bank groupAmalgamated banksSouthern african trade

Kenya s rich investors, businesses dollar deposits rise to $7 27 billion

Investors opted to open foreign currency-dominated accounts to make gains from the sharp fall in the shillings against major currencies.

William rutoRufas kamauChurchill ogutuStandard bank groupCentral bankKenya stanbic bankWhy congoStanbic bankPresident william rutoPresident rutoCentral bank of kenyaStandard bank groupRufas kamauChurchill ogutuInterbank foreign exchange market

Wealthy Kenyans stash near Sh1 trillion in dollar accounts

Wealthy Kenyans and businesses’ stockpile of dollars nearly touched a trillion in February.

William rutoRufas kamauChurchill ogutuStandard bank groupCentral bankKenya stanbic bankWealthy kenyansBank groupStanbic bankState housePresident william rutoPresident rutoRufus kamau

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