Visa, Kenya Airways and Absa Launch Premium Asante Global Card in Kenya
Visa, Kenya Airways and Absa have launched the Asante Global Card, the first co-branded travel-lifestyle credit card in the Kenyan market.
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ABSA Bank Kenya
ABSA
Data as of Sep 01, 2026
KES 34.95
+0.45 Today
1.30%
In The News
Absa Africa Financial Markets Index Report Set to launch in October
The Absa Africa Financial Markets Index Report will be launched October 14th 2026, on the sidelines of the International Monetary Fund(IMF)-World Bank meetings in Bangkok, Thailand. The Absa report launch will bring together policy-makers and financial market participants from across Africa to assess this year’s developments and discuss practical ideas for further improvements. It is […]
Absa’s Net-Zero Push Is Already Changing How Kenyans Borrow and Pay for Credit
Absa has committed to reaching net zero on its own operations, things like electricity use, fuel for its vehicle fleet, and generator diesel, by 2040.
Absa wants banking to happen where customers already are
Absa is embedding banking inside investment and payment apps instead of asking customers to change their habits. The approach reflects a broader race to win younger users across Africa.
Cheaper deposits, stronger lending: the strategy behind Absa's HY2026 earnings
Absa's 150% interim dividend grabbed attention, but the deeper story sits in falling margins, cheaper deposits, stronger lending volumes and what management expects by Q4.
Absa, Simba Corp Partner to Expand Vehicle Financing
Absa Bank Kenya has partnered with Simba Corporation to make it easier for individuals and businesses to buy vehicles, agricultural machinery and other productive equipment. The two companies have signed a Memorandum of Understanding (MoU) that will see customers access asset financing packages aimed at helping businesses expand, improve transport operations and invest in machinery […]
Absa’s minority investors reject Sh24bn share offer
The lender reported a net profit of Sh10.5 billion in the half year to June, down from Sh11.6 billion posted in a similar period last year.
Absa Group Kenya Tender Offer Draws Just 21% Take-Up | The Kenyan Wallstreet
Absa Group secured just 21% of shares sought in its Absa Kenya tender, spending KSh6.53Bn and raising its stake from 68.5% to 71.99%.
Absa Group to raise Kenyan unit stake to 72% after tender offer
Absa Group Limited has fallen well short of the target it set for a tender offer to minority shareholders of Absa Bank Kenya PLC, picking up only about 21 per cent of the shares it had offered to buy, lifting its stake in the Kenyan unit up to roughly 72 per cent.
Absa Group offer to buy extra 16.5pc stake in Kenya unit fails
The transaction was expected to lift its stake by up to 16.5 percent, but it only managed to increase the ownership by 3.49 percent.
Absa Bank Kenya half-year profit fell 10% to Sh10.5B
Absa Bank Kenya’s net profit fell by 9.8 percent to Sh10.5 billion in the six months ended June 2026 due to lower interest income and foreign exchange trading income.
Board Approves Dividend Payout as Absa Bank Kenya Profit Hits Ksh10.5B
Absa Bank Kenya reported a profit after tax of Ksh10.5 billion for the period ended 30th June, 2026, achieving a return on equity of 21.7%.
Absa Bank increases dividend payout despite 10 pc profit drop
Absa has paid an interim dividend of Sh0.20 per share over the last four years but increased the payout this year despite the drop in net profit.
Absa Kenya Hikes Dividend 150% as H1 Profit Falls 10% | The Kenyan Wallstreet
Absa Kenya has raised its interim dividend 150% to KSh0.50 despite H1 2026 profit falling 10% to KSh10.53Bn as its loan book hit a record KSh330Bn.
Absa Bank Kenya posts Kshs 10.5bn half-year profit on deposit, asset growth
Absa Bank Kenya PLC has posted a profit after tax of Kshs 10.5 billion for the half-year ended June 30, 2026.
Lamu Governor link in Absa sale of two insurance firms
The Absa deal comes in the middle of a Sh363.3 million court battle pitting the governor and Mr Busaidy that has entangled the chief executives of NCBA Group, KCB Group and Co-oper ...
Absa Ruiru Invitational Golf Tournament Set for this Weekend
Absa Ruiru Invitational, the fifth leg of the Sunshine Development Tour – East Africa Swing, is headed for Ruiru with a strong field of golfers expected to battle for honours at Ruiru Sports Club from Sunday, 16th to Tuesday, 18th August. The Absa Bank Kenya main tournament action will be preceded by a Pro-Am on […]
Absa to Sell 63.32% Stake in First Assurance
Absa Group is set to leave the insurance manufacturing business in Kenya after agreeing to sell its controlling stake in two insurance companies to First Assurance Investments Limited (FAI). The South African banking group has signed a sale and purchase agreement covering its 63.32 per cent shareholding in First Assurance Company Limited (FAC) and Absa […]
Absa's First Assurance Kenya sale brings Mudavadi-linked firm back to the table
Absa has agreed to sell its majority stakes in First Assurance Kenya and Absa Life to an investment firm linked to Musalia Mudavadi. The deal fits a wider Africa strategy that keeps insurance distribution through the bank while returning ownership to local investors.
Absa Sells First Assurance, Absa Life Stakes in Kenya | The Kenyan Wallstreet
Absa Group is selling its 63.32% interests in First Assurance and Absa Life Kenya to FAI, unwinding an insurance investment dating to 2015.
Absa Group agrees to sell 63.32% stake in First Assurance, Absa Life Assurance
Absa Group has agreed to sell its majority stakes in Absa Life Assurance Kenya and First Assurance Kenya Limited as the lender retreats from direct insurance ownership across Africa.
Mudavadi group to acquire insurance firms from Absa
Sources close to the transaction reckon that Absa Group will seek at least Sh3.8 billion for the two stakes.
Absa Modernizes Credit Risk Management With AI and AWS
Absa says its AI-powered SAS Viya platform on AWS has cut credit risk reporting by up to 90% while improving governance and regulatory compliance.
Absa Global Multi-Asset Fund Wins CMA Approval
CMA has approved Absa's new Global Multi-Asset Funds, allowing Kenyan investors to diversify into international markets through regulated investment products.
Absa Asset Managers Receives Approval to Set Up Special Funds
Asset Management Limited (AAML), the asset management subsidiary of Absa Bank Kenya PLC, has received approval from the Capital Markets Authority (CMA) to register two new special funds under the existing Absa Unit Trust Scheme, further expanding its investment solutions portfolio for clients. The approval paves the way to introduce the Absa Global Multi-Asset Special […]
Absa Gets CMA Approval for Two Global Special Funds | The Kenyan Wallstreet
Absa Asset Management has secured CMA approval for shilling- and dollar-denominated global multi-asset special funds as it expands beyond money markets.
Absa speeds up debt review with AI-powered OCR
Absa says its AI-powered OCR system has boosted debt review document indexing by 41%, cutting processing times to one business day.
Absa Bank Funnels Ksh204 Billion Into Sustainable Finance
Absa Bank Kenya has advanced more than Ksh204 billion in sustainable finance between 2022 and 2025, reinforcing its commitment to mobilising capital towards initiatives that drive financial inclusion, enterprise growth, social development and environmental sustainability.
Absa Bank Unveils the First Mobile Smart ID Branch in South Africa
South Africa is expanding Smart ID services through Absa, bringing mobile identity registration and biometric enrolment closer to underserved communities.
Firm hires auditor to quantify losses in Sh1.5bn Absa data breach
In the suit, New Mega Africa accuses Absa Bank of financial sabotage by disclosing its confidential financial information to third parties without its consent. ...
Absa Leaves Room for More Kenya Share Purchases
Absa Group says it may continue buying Absa Bank Kenya shares on the NSE after its tender offer closes, giving it another path to lift its ownership beyond the current bid.
SA bank ready to buy more Absa shares in open market
The pricing schedule released by Epra shows a subsidy of Sh5.08 and Sh14.72 per litre of petrol and kerosene, respectively. ...
Vodacom, Absa target Sh21bn extra dividends in Kenya deals
Safaricom’s parent Vodacom Group last month completed the acquisition of an additional 15 percent stake in the company for Sh204.3 billion.
Absa under pressure to diversify revenues
Banks have been looking to grow their non-interest income streams through digital channels.
Absa, Unilever Launch KES 4bn Programme to Finance Distributors
Absa Bank Kenya and Unilever launch a KES 4bn financing programme to boost distributor liquidity and strengthen Kenya's consumer goods supply chain.
Guaranteed buyout for Absa Bank Kenya owners capped at 10,000 shares
The bulk of the lender’s shares are in the hands of the 156 owners who hold above one million units each. ...
Absa Bank Kenya and Unilever Sign KSh 4Bn Financing Deal for SMEs
Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one of the most significant constraints facing distributors and retailers. The initiative is expected to strengthen Kenya’s consumer goods value chain while accelerating the growth of small and medium-sized enterprises (SMEs) […]
Diana Mwaniki Named Acting CFO as Absa Completes Executive Leadership Transition
Absa Bank Kenya has appointed Diana Mwaniki as Acting CFO, completing its interim leadership reshuffle after the recent CEO transition.
Absa Bank Kenya Appoints Diana Mwaniki Acting Finance Chief | The Kenyan Wallstreet
Absa Bank Kenya has appointed Diana Mwaniki as Acting CFO effective 1 July 2026, after Yusuf Omari moved to Ag. MD and CEO following Abdi Mohamed’s resignation.
Absa Bank Kenya Appoints Diana Mwaniki as Acting Chief Financial Officer
Absa Bank Kenya has appointed Ms. Diana Mwaniki as the acting Chief Finance Officer(CFO). She assumes this role at Absa Bank Kenya after serving as the lender’s Head of Financial Decision Support since joining the institution in September 2022. Mwaniki will lead the Absa Bank Kenya’s finance function, providing strategic financial leadership and oversight. Absa […]
Absa Bank Kenya Partners With Gen Z Connect On Youth Empowerment
Absa Bank Kenya has signed a Memorandum of Understanding (MoU) with Gen Z Connect by Executive Connect to drive youth empowerment and leadership development among young people, supporting the next generation as they build skills, careers and businesses. The partnership will be delivered through the Bank’s NextGen offering within its Consumer Banking business. Absa Bank […]
Absa and Gen Z Connect Roll Out Youth Entrepreneurship Programme
Absa Bank Kenya and Gen Z Connect will equip young professionals with leadership, entrepreneurship and financial literacy skills through a nationwide programme.
Abdi Mohamed Joins I&M Bank as CEO After Surprise Absa Exit
I&M Bank Kenya has named veteran banker Abdi Mohamed as its next Chief Executive Officer, handing the leadership of one of the country’s fastest-growing lenders to a banker with more than three decades of experience in East Africa’s financial sector. The appointment, announced on Monday, is subject to approval by the Central Bank of Kenya […]
Absa Renews BAKE Partnership to Boost Digital Creators' Financial Literacy
Absa Bank Kenya has renewed partnership with the Bloggers Association of Kenya (BAKE) to advance growth of Kenya's digital content ecosystem
I&M Bank poaches Absa Kenya CEO Abdi Mohamed
https://www.whatsapp.com/channel/0029VaOoulRBFLgc9Dqk493x ...
Absa Renews BAKE Partnership to Boost Digital Creators' Financial Literacy
Absa Bank Kenya has renewed partnership with the Bloggers Association of Kenya (BAKE) to advance growth of Kenya's digital content ecosystem
Abdi Mohamed Quits Absa Bank, Becomes CEO I&M Bank Hours Later
I&M Group has appointed Abdi Mohamed as its new Chief Executive Officer for I&M Kenya Limited, subject to approval from the Central Bank of Kenya, hours after he quit Absa Bank.
Leadership Changes as Absa Bank Kenya CEO Abdi Mohamed Resigns
The board of directors has announced the resignation of Absa Bank Kenya CEO Abdi Mohamed, who doubled as Managing Director, effective 30th June 2026.
What Abdi Mohamed's Exit Means for Absa Bank Kenya's Next Chapter
Abdi Mohamed has stepped down as Absa Bank Kenya CEO after three years. His departure comes as Absa Group increases its investment in Kenya and the bank builds on a major digital transformation programme.
Absa Bank Kenya CEO Abdi Mohamed Quits, CFO Omari Steps In | The Kenyan Wallstreet
The board has appointed CFO Yusuf Omari as Interim Managing Director and CEO with effect from 1 July 2026, as it searches for a substantive replacement
Absa Bank Kenya CEO Abdi Mohamed Resigns
Abdi Mohamed has resigned as Chief Executive Officer (CEO) of Absa Bank Kenya, just over three years after taking up the role on May 1, 2023.
Absa Bank CEO Abdi Mohamed exits, set for new job
The exit of Mr Mohamed as Absa Bank Kenya's boss brings to a close an era dominated by enhanced operational efficiency through aggressive investment in digital transformation. ...
Absa Bank Kenya partners with Google Hustle Academy to Train SMEs
Absa Bank Kenya Plc and Google Hustle Academy have announced a strategic partnership to provide comprehensive business training and financial support to small and medium-sized enterprises (SMEs) across Kenya over the next 12 months. The Absa-Google programme aims to reach and impact 3,000 SMEs. It has so far rolled out 3 cohort training sessions with […]
ABSA Bank Introduces 8.9% Home Loan Package for Property Buyers
Absa Bank Kenya has rolled out a new mortgage financing programme targeting one of the biggest challenges facing Kenya’s housing sector: connecting willing homebuyers with housing projects before construction is completed. The bank announced a developer-led home financing solution that will allow qualified buyers to access mortgages at an interest rate of 8.9 per cent […]
Acorn, Absa, Co-op Bank Launch KSh 1Bn Zinduka Programme | The Kenyan Wallstreet
Acorn Holdings, Absa Bank Kenya and Co-op Bank launch Zinduka, offering students housing loans and graduates up to KSh 500,000 in start-up capital.
Absa Group KSh 30.91Bn Tender Offer for Absa Kenya Shares | The Kenyan Wallstreet
Absa Group has offered KSh 30.91Bn (US$238.74Mn) for more shares in Absa Bank Kenya, seeking a greater share of earnings on its existing risk.
Absa's Kenya Bet Goes Beyond Banking Profits
Absa Group's Sh30.9 billion investment in its Kenyan subsidiary reveals a broader strategy around retail banking, digital finance and East African expansion. The move highlights why Kenya is becoming increasingly important to the bank's continental ambitions.
Absa Group offers Sh31bn for extra 16.5pc stake in Kenya unit
The proposed offer price comes after Absa Bank Kenya’s share price had rallied to hit an all-time high of Sh33 before easing to close at Sh29.4 on Thursday.
Co-op Bank, Absa Design Student Loans For Accommodation and Startup Capital
Acorn Holdings Limited has partnered with Absa Bank Kenya Plc and Co-operative Bank Group to launch the Zinduka Graduate Enterprise Programme, an innovation designed to enable students to gain access to affordable accommodation through unsecured housing loans and start-up capital.
Absa Announces New Lower PesaLink Charges
Absa Bank Kenya has welcomed a new industry-wide initiative to promote digital payments through PesaLink. As part of the initiative, PesaLink transaction charges have been reduced to as low as KSh20 for transfers ranging between KSh1,001 and KSh999,999, while transactions below Ksh1,000 will be free of charge. The initiative aims to accelerate the adoption of […]
Absa Bank Kenya to Spearhead Affordable Housing Conference
Absa Bank Kenya has partnered with International Housing Solutions (IHS) Kenya as the title sponsor of the 2nd IHS Kenya Affordable Housing Conference, reinforcing its commitment to unlock scalable solutions that can accelerate housing delivery and expand homeownership across the country. The conference, taking place on Thursday this week, will convene developers, financiers, policymakers and […]
Borrower fights Absa demand for instant payment of loan due in 2039
Absa issued a 90-day statutory notice on May 12, 2025. The notice demanded immediate payment of the entire loan balance of Sh79.9 million. ...
Absa Bank Receives Approval to Acquire StanChart Uganda’s Retail and Wealth Banking Business
Absa Bank Uganda has received approval of the Bank of Uganda (BoU) to acquire Standard Chartered Bank Uganda’s wealth and retail banking business
Absa and Salesforce Extend Strategic Partnership To Advance AI in Banking
Absa has renewed its partnership with Salesforce through a new three-year agreement aimed at advancing the bank’s adoption of AI
Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B
Absa Bank Kenya has posted a profit after tax of KSh5.3 billion and achieved a Return on Equity of 20.3% for the quarter ended March 31, 2026
Absa Kenya Q1 Profit Falls for the First Time in Nine Years | The Kenyan Wallstreet
Absa Kenya Q1 operating revenue fell the 2nd year to KSh 14.65 Bn, with net interest income and FX trading income leading the compression amid CBK rate cuts.
Absa Bank Kenya Q1 Net Profit Drops 13% to Ksh5.3B
Absa Bank Kenya Plc has reported a profit after tax of Ksh5.3 billion and delivered Return on Equity of 20.3% for the quarter ending 31st March, 2026.
Absa profit falls 13pc to Sh5.3bn in first quarter
Absa becomes the second major listed lender to report lower earnings after Standard Chartered Bank Kenya’s net income declined 26.3 percent in the same period to Sh3.5 billion on l ...
Absa Kenya Wins Best Retail Bank Award as Digital Banking Growth Accelerates
Absa Bank Kenya PLC has been recognised as the Best Retail Bank in Kenya by the Global Banking and Finance Review 2026.
Absa dragged into Sh26m Vetlab Club financial dispute
At the centre of the dispute is Vetlab Sports Club’s contested leadership.
Absa Bank Kenya Pumps KSh100m into Refreshed Asset Financing Product
Absa Bank Kenya has unveiled a revamped asset financing proposition aimed at deploying KSh 100 billion over the next three years to businesses and individuals. The Absa Bank Asset Finance enhanced offering is designed to improve access to productive assets and support growth across key sectors of the Kenyan economy, including manufacturing, trade and logistics, […]
Absa Bank Kenya Revamps Asset Financing, Commits KES 100Bn Over Three Years
Tier I lender Absa Bank Kenya has revamped its asset financing programme pledging to deploy KES 100 billion over the next three years to businesses and individuals
Court backs sacking of Absa manager over customer accounts fraud
The judge found the lender acted lawfully after customers lost millions through unauthorised withdrawals. ...
Absa Kenya spends Sh717m on voluntary staff exits
Many organisations use voluntary exit programmes to cut costs, especially payroll, while others deploy the scheme to refresh talent and realign skills with evolving business needs, ...
Airtel Money and ABSA Bank Kenya Partner to Expand Digital Wallet Options for Small Businesses
Airtel Money has linked up with Absa Bank Kenya to enable small and medium-sized enterprises (SMEs) across Kenya receive and manage digital payments The new service enables direct transfers from the mobile wallets into Absa Bank Kenya accounts and payments to Absa merchant paybill accounts. Video: https://drive.google.com/drive/folders/1TYcrD5O95AfKFSlkEfgHSMCWSa2HRy_o?usp=sharing The partnership enhances convenience, speed, and reliability for everyday […]
Airtel Money–Absa Partnership Unlocks Seamless Wallet-to-Bank Transfers For Kenyan SMEs
Small and medium-sized enterprises (SMEs) across Kenya now have more options to receive and manage digital payments following the launch of a new service that enables direct transfers from Airtel Money wallets into Absa Bank Kenya accounts and payments to Absa merchant paybill accounts.
Airtel Money and Absa Bank Kenya Launch New Payment Service
Airtel Money and Absa Bank Kenya have signed a partnership to enhance digital payments solutions, introducing a new service that enables direct transfers from Airtel Money wallets into Absa Bank Kenya accounts, as well as payments to Absa merchant paybill accounts
A Rise in Digital Banking Pushes Absa Kenya to Grow Its Tech Spend
A steady rise in digital usage is feeding into lower operating costs as automation takes hold across internal processes
Absa bets on tech budget to power digital drive
The lender, which spent Sh2.16 billion on technology in 2025, targets to increase the share of new business lines in total revenue to at least 10 percent. ...
Absa Positions for Mobile Entry With Network Offering in Development
Absa’s planned entry into mobile reflects a broader pattern of banks extending into telecom-backed services
Absa Bank Kenya and Japan's World Navi Join Forces to Simplify Vehicle Imports
Absa Bank Kenya has struck a deal with World Navi, a Japan-based global vehicle exporter, to transform the way Kenyans import vehicles.
Absa Bank Kenya Partners with World Navi to Assist Motor Vehicle Importers
Absa Bank Kenya has announced a strategic partnership with World Navi, a global vehicle exporter headquartered in Japan. This collaboration, delivered through Absa’s Asset-Based Finance (ABF) offering, is set to transform the vehicle importation experience for Kenyan customers by making the process more accessible, efficient, and financially manageable. The partnership integrates financing and vehicle sourcing […]
Absa Bank Kenya Partners with TransAfrica to Ease Truck Financing for Logistics Firms
Absa Bank Kenya has entered into a strategic partnership with TransAfrica Motors, one of Kenya’s leading distributors of commercial vehicles, to support businesses in scaling their transport, logistics, and mobility operations. Through this collaboration, Absa Bank will provide customers with tailored financial solutions that make vehicle acquisition easier, more affordable, and business‑focused. Customers will be […]
Absa Bank Kenya in KSh 35m Sponsorship of Kip Keino Classic 2026
Absa Bank Kenya Plc has renewed its title sponsorship for the Absa Kip Keino Classic Tour with a KSh 35 million sponsorship of the race to be held at the Nyayo National Stadium on Friday, April 24, 2026. For the first time in the championship’s history, the Absa Kip Keino 2026 edition will be staged […]
Absa consumer finance unit posts revenue, profit growth
The unit drives growth with 12 percent revenue and 50 percent profit surge, as diversification into retail services boosts dividends. ...
How Absa booked Sh500m windfall from Supreme Court tax ruling
A Supreme Court ruling on card payment taxes allowed Absa to release provisions and lift profit despite weaker lending income.
Absa Bank Kenya Delivers 9.7% Profit Growth in FY2025, Lifts Dividend 17% YoY
Absa Bank Kenya PLC reported a 9
Businessman Ndeta, co-accused face arrest over Sh4.5bn Absa fraud case
The arrest warrant came after the State prosecutor told the magistrate that the High Court dismissed Mr Ndeta’s petition to halt his prosecution.
Absa Bank Kenya Rewards Shareholders with Fat Dividend Cheque
Absa Bank Kenya has announced a final dividend of KSh 1.85, bringing the total 2025 dividend to KSh 2.05 per share, up 17% year on year, including the KSh 0.20 interim dividend. The dividend, amounting to KSh 10,048,342,000.00, will be paid on 19th May 2026 to shareholders on record as of 30th April 2026. At […]
Absa Bank Kenya Posts 10% Profit Growth, Raises Dividends
Absa Bank Kenya PLC has reported a 10% growth in profit after tax to Kshs. 22.9 billion for the financial year ended 31 December 2025.
Absa lifts dividend 17pc on net profit growth to Sh22.9bn
Absa is the first lender to release full year financials in a period when banks are expected to report higher dividend payout, following a 20 percent growth in industry earnings. ...
Absa profit rises to Sh22.9bn as costs fall
Lower operating costs offset weaker lending income as interest rates fall.
Absa Bank Kenya Profit Climbs 10% on Lower Loan-Loss Provisions, Higher Fees
Absa Bank Kenya PLC posted a 10% increase in full-year profit and lifted its dividend payout after tighter cost controls and lower loan-loss provisions helped offset pressure on interest income. Net income rose to 22.9 billion shillings ($177 million) in the year ended Dec. 31, from a year earlier, the Nairobi-based lender said Tuesday. Total […]
Absa Bank Kenya's Increases Dividend by 17% as Profit Rises | The Kenyan Wallstreet
Absa Bank Kenya PLC has reported a 10% increase in profit after tax to KShs 22.9 billion for the year ended December 31, 2025, up from KShs 20.9 billion in 2024
Absa Bank Kenya Added to MSCI Frontier Markets Index | The Kenyan Wallstreet
Absa Bank Kenya joins the MSCI Frontier Markets Index in February 2026, raising Kenya’s representation with no deletions in the latest review.
Kenya’s Banking Reset Puts Absa at a Crossroads
Kenya sits at the centre of Absa’s next move, and the retail push raises the stakes
Absa Bank Kenya and Visa Unveil Digital-First Metal Cards
Absa Bank Kenya, in partnership with Visa, has launched a premium, digital-first card proposition. Read more
Absa Group CEO on the lender's plan for Kenya acquisitions as it steps up pan-African expansion drive
'We are always on the lookout for opportunities, be they organic or inorganic, but the regulatory environment must be conducive and positive for that.' ...
Sitoyo Lopokoiyit Takes Over as Absa Confronts Pressure in Retail Banking
A mobile money executive arrives at a bank confronting slower growth, tighter margins, and a retail customer who no longer belongs to one institution
Absa Appoints M-PESA Africa MD Sitoyo Lopokoiyit as Banking CEO
M-PESA Africa Managing Director Sitoyo Lopokoiyit has been appointed as the new Chief Executive for Personal and Private Banking at Absa Group, effective April 1, 2026. Lopokoiyit will leave the mobile money giant at the end of March after leading its expansion across several African markets. M-PESA Africa is a joint venture between Safaricom and […]
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