The Kenya Deposit Insurance Corporation (KDIC) has announced the commencement of the fourth round of dividend payments to depositors and creditors of Pan African Bank Limited (In Liquidation) and Euro Bank Limited (In Liquidation), both of which were placed under liquidation after failing to meet regulatory requirements. Thousands of depositors and creditors affected by the […]

Evestreet Financial

31.05.2025

Access Bank Completes Acquisition of National Bank of Kenya from KCB Group. - Envestreet Financial

Access Bank Plc has officially concluded the acquisition of the National Bank of Kenya (NBK) from KCB Group Plc, marking a significant milestone in its strategic expansion into East Africa. The transaction, which began in March 2024 and recently received all required regulatory approvals, is expected to reshape the banking landscape in the region. This […]

Evestreet Financial

31.05.2025

The Board of the African Development Bank to elect a new President to succeed Akinwumi Adesina. - Envestreet Financial

The African Development Bank (AfDB) is set to elect its ninth president today during its Annual Meetings in Abidjan. The AfDB, established in 1964, comprises 81 member countries, including 54 African nations. With a capital base that has expanded from $93 billion in 2015 to $318 billion in 2025, the bank plays a crucial role […]

Evestreet Financial

31.05.2025

Dubai Land Department launches the first tokenized Real Estate project through the ‘Prypco Mint’ platform. - Envestreet Financial

Dubai Land Department (DLD) has launched the Middle East and North Africa (MENA) region’s first licensed tokenized real estate investment platform, Prypco Mint (mint.prypco.com). This initiative allows investors to acquire fractional ownership in Dubai properties, starting from as little as AED 2,000 ($545), marking a significant shift in property investment accessibility. The launch aligns with […]

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Kenya Deposit Insurance Corporation Begins 4th Dividend Payout to Defunct Bank Creditors. - Envestreet Financial

Access Bank Completes Acquisition of National Bank of Kenya from KCB Group. - Envestreet Financial

The Board of the African Development Bank to elect a new President to succeed Akinwumi Adesina. - Envestreet Financial

Dubai Land Department launches the first tokenized Real Estate project through the ‘Prypco Mint’ platform. - Envestreet Financial

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