Also known as: Barclays Bank Kenya · ABSA Bank Kenya PLC
Kenyan subsidiary of South African banking group Absa, involved in financing, polo sponsorship, and graduate lending programs.
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Citizen Digital
… ABSA Bank, DTB Bank and Premier Bank are among the pacesetters in these tap and pay solutions. …
Kenyan banks tap into rings, watches and wristbands for paymentsAbsa Bank won the Calvary Cup by defeating Tarra Agility 6.5-5, while Kimoi led Tack Rack to victory in the Division Two Championship (Bwana Begg Trophy), beating Fe De Canter 5-1.
20 July 2026 · The Standard →
Absa Bank won the Calvary Cup by defeating Tarra Agility 6.5-5, while Kimoi led Tack Rack to victory in the Division Two Championship (Bwana Begg Trophy), beating Fe De Canter 5-1.
20 July 2026 · The Standard →
Three South African corporate giants have announced more than Sh400 billion in acquisitions and stake increases in Kenya over seven months, including Nedbank's acquisition of NCBA, Absa Group's increased ownership of Absa Bank Kenya, and Vodafone's increased stake in Safaricom, marking one of the biggest waves of South African investment in Kenyan blue-chip companies in recent years.
7 July 2026 · The Standard →
A Kenyan writer explores South Africa's paradox of xenophobia against African immigrants alongside significant Kenyan investment in blue-chip South African firms, arguing that underlying inequality rather than simple immigrant targeting explains anti-foreigner sentiment.
5 July 2026 · The Standard →
Abdi Mohamed has been appointed Chief Executive Officer of I&M Bank Kenya days after his resignation from Absa Bank Kenya, where he served as Managing Director and CEO for three years. The appointment is subject to approval by the Central Bank of Kenya.
29 June 2026 · Citizen Digital →
Absa Bank Kenya Managing Director and Chief Executive Officer Abdi Mohamed has resigned effective June 30 after a three-year tenure, citing a desire to pursue other career opportunities. The bank's Board has appointed Chief Financial Officer Yusuf Omari as interim successor.
29 June 2026 · Citizen Digital →
An opinion piece argues that Kenya's recent receipt of Sh90 million in climate disaster funding through the Santiago Network signals that climate finance is increasingly available, but flows only to institutions that demonstrate readiness. The author contends that financial institutions must position themselves to access this capital as climate impacts reshape livelihoods across the country.
23 June 2026 · The Standard →
Absa Group plans to increase its stake in Absa Bank Kenya to as much as 85% through a $238 million tender offer, offering 34.50 Kenyan shillings per share to buy shares from minority investors. The South African bank says Kenya is strategically important and intends to maintain the bank's Nairobi Securities Exchange listing after the transaction.
21 June 2026 · Citizen Digital →
Co-op Bank and Absa have launched the Zinduka Graduate Enterprise Programme to improve access to student accommodation and provide business loans of Ksh.200,000 to Ksh.500,000 to eligible graduates, targeting support for 5,000 to 10,000 new enterprises annually.
17 June 2026 · Citizen Digital →
Acorn Holdings, in partnership with ABSA Bank Kenya and Co-operative Bank Group, has introduced the Zinduka Graduate Enterprise Programme to provide university graduates with entrepreneurship training, affordable housing loans, and start-up capital ranging from Sh200,000 to Sh500,000, targeting between 5,000 and 10,000 new enterprises annually.
17 June 2026 · The Standard →
Co-operative Bank of Kenya has committed Sh1 billion to the "Zinduka" Graduate Enterprise Programme, a joint initiative with Acorn Holdings and Absa Bank Kenya that provides unsecured housing loans and startup capital (between Sh200,000 and Sh500,000) to university students. The programme aims to address a shortage of student beds and support 5,000 to 10,000 new businesses annually.
17 June 2026 · The Standard →
Angola's state oil company Sonangol has secured a $2.65 billion financing deal with a syndicate of foreign banks including Standard Bank of South Africa, Societe Generale, Absa, and First Abu Dhabi Bank to fund operational expenditure and capital investment. Sonangol is also in talks with Chinese financial institutions for a $4.8 billion loan to finance construction of a new refinery in the Atlantic port of Lobito.
17 June 2026 · Citizen Digital →
An inquest into the death of protester Rex Masai heard that the lead investigating officer told the court detectives were unable to identify the firearm that fired the fatal bullet, citing lack of cooperation from police officers involved in the June 2024 anti-Finance Bill demonstrations.
28 May 2026 · Citizen Digital →
The Kenya Bankers Association has called for deletion of proposed Withholding Tax on card transaction fees and a 16 per cent VAT on digital payment processing, warning the combined tax burden would increase total digital financial transaction costs and risk financial exclusion.
21 May 2026 · Capital News →
Former Industrialisation Cabinet Secretary Adan Mohamed was sworn in on Wednesday as Commissioner General of the Kenya Revenue Authority for a three-year term, replacing Humphrey Wattanga. His appointment has been challenged in court by Benard Opere on grounds that Mohamed had exceeded the retirement age of 60 years for public officers.
20 May 2026 · The Standard →
Former Industrialisation Cabinet Secretary Adan Mohamed has been appointed Commissioner General of the Kenya Revenue Authority for a three-year term effective May 18, 2026, replacing Humphrey Wattanga. Mohamed previously served as Managing Director of Barclays Bank Kenya and brings experience from both private and public sectors.
18 May 2026 · Capital News →
Co-operative Bank of Kenya reported a 21.3 per cent rise in net profit to Sh8.41 billion for the first quarter ending March 31, driven by a 13.6 per cent jump in operating income and contributions from non-banking subsidiaries. The bank was also named one of Africa's Fastest Growing Companies in 2026 by Financial Times.
14 May 2026 · The Standard →
The US–Israel–Iran conflict is straining the Strait of Hormuz, a critical global energy corridor, triggering volatility in energy prices and fuel supply disruptions in Kenya. Petroleum products account for roughly 20–25% of Kenya's total import bill, making the economy structurally exposed to geopolitical shocks in global oil markets.
11 May 2026 · The Standard →
Absa Bank Kenya has launched a revamped asset financing proposition to deploy Sh100 billion over three years to finance businesses and individuals, targeting key sectors including manufacturing, agriculture, trade and logistics, infrastructure, health and education.
6 May 2026 · The Standard →
The seventh Absa Kip Keino Classic at Nyayo National Stadium in Nairobi saw seven records broken, with Kenyans including Ferdinand Omanyala (men's 100m), Emmanuel Wanyonyi (men's 1500m), and Mercy Oketch (women's 400m) topping key races. The event introduced U20 categories for the first time and used wave-light technology to pace athletes.
26 April 2026 · The Standard →
The seventh Absa Kip Keino Classic at Nyayo National Stadium saw seven records broken, with Ferdinand Omanyala clocking a sub-10 twice in the men's 100m. The event introduced U20 categories for the first time, providing a platform for young athletes to showcase their talent, supported by a Sh35 million investment from Absa Bank Kenya.
25 April 2026 · The Standard →
ABSA Bank, DTB Bank and Premier Bank are offering contactless payment solutions integrated into wearable devices like smartwatches, rings and wristbands, which customers can tap on POS terminals. The banks have implemented security measures including transaction limits, PIN requirements, and real-time fraud detection to address risks from potential loss or theft.
24 April 2026 · Citizen Digital →