Absa Bank to host the SheTrades Kenya Hub for another two years

Staff WriterMay 29, 2023

Absa Bank Kenya has signed an agreement with the International Trade Centre (ITC) that will see the bank host the ITC SheTrades Kenya Hub for another two years....

2 min read

Absa Bank partners with Safaricom and others to plant 2,500 trees at the Kasarani Stadium

Staff WriterMay 15, 2023

Absa Bank Kenya has announced a partnership with Athletics Kenya, Safaricom, Kenya Forestry Service and Stockholm Environment Institute that saw the corporates ...

1 min read

Absa Bank Kenya to sponsor athletics to the tune of Ksh. 60 Million

Staff WriterMay 5, 2023

Absa Bank Kenya has announced a Ksh. 60 million sponsorship of the national athletics season this year. Out of this amount, Ksh. 50 million will be utilised fo...

2 min read

Absa Bank Kenya has appointed Abdi Mohamed as the Managing Director

Staff WriterApril 28, 2023

Absa Bank Kenya PLC board has announced the appointment of Abdi Mohamed to the role of Managing Director and CEO, effective 1 May 2023 following regulatory appr...

2 min read

Absa Life reports a 70% rise in profitability to Ksh. 416.6 million in 2022

Staff WriterApril 26, 2023

Absa Life Assurance Kenya has reported a 70% rise in profitability Ksh. 416.6 million in 2022 up from Ksh. 244.8 million recorded during the same period in 2021...

1 min read

Absa Bank launches food drive to aid over 1,000 vulnerable families as part of Ramadhan celebrations

Staff WriterApril 13, 2023

Absa Bank has launched a food donation drive as part of the ongoing Ramadhan celebrations that will impact over 1,000 Kenyans across nine counties. The drive ta...

1 min read

Digital inclusion is key to bridging the gender divide to ensure sustainable economic growth

Samson NderiApril 11, 2023

This year’s International Women’s Day, marked under the United Nation’s theme “DigitALL: Innovation and technology for gender equality”, was commemorated agains...

3 min read

Absa Bank reports an increased net profit of Ksh. 14.6B in FY 2022

Samson NderiMarch 14, 2023

Absa Bank Kenya has today reported a profit after tax of Ksh. 14.6 billion for the year ended 31 December 2022. This is a 34% increase in comparison to the prev...

1 min read

Absa Bank Kenya plans to plant 200,000 trees this year

Makena Ndung'uMarch 10, 2023

Absa Bank Kenya has committed to planting 100 trees for every birdie scored at the Magical Kenya Open (MKO) 2023, which began yesterday at the Muthaiga Golf Clu...

1 min read

Jeremy Awori has officially assumed his role as CEO of Ecobank Group

Staff WriterMarch 3, 2023

Ecobank Group has announced that Jeremy Awori has officially assumed his role as Chief Executive Officer of the Ecobank Group. Jeremy Awori brings with him ove...

1 min read

Absa Bank announces a sponsorship package for the Kenyan golfers at MKO worth Ksh. 2.7 Million

Staff WriterMarch 2, 2023

Absa Bank Kenya has announced that it will provide a sponsorship package worth Ksh. 2.7 Million to the nine local golfers headlining this year’s edition of the ...

2 min read

Absa Bank to invest Ksh. 70 Million in the Magical Kenya Open Golf tournament

Staff WriterFebruary 21, 2023

Absa Bank Kenya has announced a sponsorship of Ksh. 70 million as the official Presenting Partner of the 2023 Magical Kenya Open (MKO) tournament set to be held...

2 min read

Faith Kipyegon shines at the Sirikwa Cross Country Classic

Staff WriterFebruary 5, 2023

Faith Kipyegon emerged the winner at the Sirikwa Cross Country Classic in 33 minutes and 50 seconds, ahead of second placed Commonwealth steeplechase champion J...

1 min read

Absa Bank upgrades Timiza to allow for ATM withdrawals

James WamathaiFebruary 1, 2023

Absa Bank Kenya has introduced an ATM withdrawal feature to its mobile money platform Timiza. This will allow customers to withdraw funds from any of the bank’s...

2 min read

Absa Bank Unveils Offshore Investments Options Targeting High-Net-Worth Individuals In Kenya

Faith WambuiDecember 16, 2022

Absa Bank Kenya PLC has launched an Offshore Proposition expanding its suite of private wealth management solutions. With this solution, the bank is targetin...

1 min read

Absa Bank partners with Melanin Kapital to provide training and loans to women led SMEs

Staff WriterDecember 14, 2022

Absa Bank Kenya has partnered with financing platform Melanin Kapital and the African Guarantee Fund (AGF) in a bid to improve access to finance for women-owned...

1 min read

Yusuf Omari has been appointed as the interim Absa Bank Kenya CEO

Staff WriterOctober 14, 2022

The Board of Absa Bank Kenya PLC has appointed Yusuf Omari to take over as Interim Chief Executive Officer and Managing Director effective 1 November 2022. This...

1 min read

The role of mentorship in achieving economic growth for women entrepreneurs

Staff WriterOctober 4, 2022

Kenya's improvement in the World Economic Forum's (WEF) 2022 Global Gender Gap Index is a strong indicator of women's growing participation in the country's eco...

4 min read

Carolyne Kendi appointed as Chief Marketing Officer by Absa Bank Kenya

James WamathaiSeptember 29, 2022

Carolyne Kendi has been appointed to the position of Chief Marketing Officer by Absa Bank Kenya PLC effective 15 December 2022. Kendi has experience marketin...

0 min read

Jeremy Awori has been appointed as the new Ecobank CEO

Staff WriterSeptember 12, 2022

Ecobank has announced the  appointment of Jeremy Awori as their new chief executive. He will replace Ade Ayeyemi who is set to retire after attaining the age of...

0 min read

Jeremy Awori will be exiting Absa Bank on 31st October 2022

Staff WriterSeptember 8, 2022

Absa Bank Kenya has announced that its CEO Mr. Jeremy Awori will be leaving the bank to pursue another career opportunity outside Absa Group. This will take eff...

1 min read

Absa Group reports Ksh. 79.8 Billion profit for H1 2022

Staff WriterAugust 16, 2022

Absa Group Africa has announced that its earnings increased 27% to Ksh. 79.8 Billion (R11 Billion) in the first half of the year as revenue increased, demonstra...

2 min read

Absa Bank Kenya launches a new online account opening platform

Staff WriterJuly 28, 2022

Absa Bank Kenya has announced launch of an online account opening platform. This is part of a Ksh. 2 billion investment in technological upgrades that will sign...

1 min read

How the private sector can bridge the gap between education and the job market

Staff WriterJuly 23, 2022

Kenya has relied on tertiary institutions and universities to produce generations of ready-to-work graduates since its independence 59 years ago. According t...

3 min read

Absa Bank hosts Inspire Conference in a bid to empower women entrepreneurs

Staff WriterJuly 16, 2022

Over 3,000 businesswomen from across Africa  benefited from a one-day mentorship conference aimed at empowering women entrepreneurs with new perspectives, pract...

2 min read

Absa Bank Kenya recognized by the IFC for its energy and water efficiency investments

Staff WriterMay 20, 2022

Absa Bank Kenya has received the International Finance Corporation's (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification. This is du...

2 min read

Absa Bank to sponsor the East Africa Property Investment Summit

Staff WriterMay 17, 2022

Over 300 real estate stakeholders from Africa and other parts of the world will gather in Nairobi on the 18th and 19th of May 2022 for the East Africa Property ...

1 min read

Absa Life Assurance Kenya reports a Ksh. 245 Million net profit for 2021

Samson NderiApril 26, 2022

Absa Life Assurance Kenya (Absa Life), a subsidiary of Absa Group Limited, has recorded an 84% growth in profit after tax to KES 245 million for the period ende...

1 min read

Absa Bank Kenya resumes dividend payment as net profit for 2021 hits Ksh. 10.9 Billion

Samson NderiMarch 15, 2022

Absa Bank Kenya PLC has reported a net profit of Ksh. 10.9 billion for the year ended 31st December 2021. This marks a  161% rise in profitability as compared t...

1 min read

Absa Bank to sponsor Kenyan pro golfers to the tune of Ksh. 3 Million at this year’s Magical Kenya Open

Grace MathekaFebruary 28, 2022

Absa Bank Kenya has announced it will sponsor four professional golfers from Team Kenya in the 2022 edition of the Magical Kenya Open (MKO). The competition wil...

2 min read

Absa Bank partners with African Guarantee Fund to provide credit for SMEs in Kenya

Grace MathekaFebruary 22, 2022

Absa Bank Kenya has signed an Ksh. 1.25 billion loan portfolio guarantee facility with the African Guarantee Fund (AGF). This is in a bid to boost credit access...

1 min read

Absa Bank commits Ksh. 56 million to sponsor the 2022 Magical Kenya Open Golf Tournament

Grace MathekaFebruary 21, 2022

Absa Bank Kenya recently announced a Ksh. 56 million sponsorship investment to become the official presenting partner of the Magical Kenya Open (MKO) golf tourn...

1 min read

Absa Bank wins the Top Employer in Kenya & Africa accolade

Grace MathekaJanuary 25, 2022

Absa Bank Kenya has been recognized as the top employer in Kenya and Africa in 2022 by the Top Employers Institute. Being certified as a Top Employer showcases ...

1 min read

Absa Bank partners with GIZ to launch a training program for 1,500 women entrepreneurs

Grace MathekaDecember 20, 2021

Absa Bank Kenya has collaborated with the German Development Cooperation to launch a Ksh. 50 million program dubbed SHE Stars. The program is aimed at increasin...

2 min read

Absa Bank posts Ksh. 8.2B net profit for Q3 2021; optimistic for dividend payout end year

Grace MathekaNovember 23, 2021

Absa Bank Kenya has released its financial results for the period ending 30th September, 2021. The bank reported a strong growth in net profit to Ksh. 8.2 billi...

1 min read

Absa Bank signs Ksh. 1.2 Billion vehicle leasing deal for the National Police Service

Grace MathekaNovember 18, 2021

Absa Bank has signed a financing agreement with CMC Motors and Avenue Lease and Rentals to supply 240 vehicles to the National Police Service (NPS). The agreeme...

1 min read

Interview with Andrew Mwithiga on “Abby”, Absa Bank’s new WhatsApp banking feature

Samson NderiNovember 15, 2021

In August this year, Absa Bank launched a new innovation that enables its customers to access their bank accounts and transact via WhatsApp. We spoke to Andrew ...

8 min read

Trade on EABL’s Medium Term Note begins at the NSE

Grace MathekaNovember 1, 2021

Trading on the Ksh. 11 billion East African Breweries PLC (EABL) Medium-Term Note has officially begun on the Nairobi Securities Exchange (NSE). The 5-year, ...

1 min read

Absa Bank donates Ksh. 2.9 million to ‘For the Love of Girls’ initiative

Grace MathekaOctober 27, 2021

Absa Bank has donated Ksh. 2.9 million to a community-based project called For the Love of Girls. The donation is part of Absa's ongoing citizenship programs th...

1 min read

EABL corporate bond receives Ksh. 37.9B in applications, a 345% over-subscriptions

Grace MathekaOctober 27, 2021

East African Breweries PLC (EABL) has announced that it received applications for Notes amounting to Ksh. 37.9 billion for its Ksh. 11 billion Medium-Term Note ...

1 min read

How Absa’s WhatsApp feature is revolutionizing banking in Kenya

Grace MathekaSeptember 30, 2021

In August this year, Absa Bank launched a new innovation that allows its customers to access their bank accounts and transact via WhatsApp. Through this solu...

2 min read

Absa Bank to donate 1,500 computers to 66 schools across Kenya

Grace MathekaSeptember 27, 2021

Absa Bank has begun a countrywide digital literacy enhancement program targeting to establish 66 computer labs in schools. The bank is investing Ksh. 23 mill...

1 min read