Category Archives: E-alerts

Kenya's economy to grow by six percent in 2011, bolstered by doubled IFC investment

Kenya’s economy is expected to expand by about six percent in 2011 on the back of growing investor confidence and global economic recovery, President Mwai Kibaki said last week. The government had previously forecast 4.5 percent growth for 2010 as East Africa’s largest economy recovers from the fallout from the global economic slowdown, a regional drought and post-election violence in … Read More

Kenyan named African Banker of the Year

The Managing Director and CEO of Kenya’s Equity Bank, Dr. James Mwangi, has been named African Banker of the Year at the 2010 African Banker Awards. At an October 8 gala dinner and awards ceremony in Washington, D.C., Mwangi was honored for revolutionizing Kenya’s banking industry, pioneering the first mobile banking technology in the world to reach out to those … Read More