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March 19, 2026
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    East Africa Banking

    Deal Makers: Meet Deloitte Advisors Behind Absa’s Acquisition of StanChart’s Wealth and Retail Business in Uganda

    Paul MurungiBanking & Financial ServicesBusiness & MarketsThe Big StoryMarch 15, 2026March 15, 2026

    In a transaction set to reshape Uganda’s banking landscape, Absa Bank Uganda signed an agreement in October last year to acquire the Wealth and Retail Banking (WRB) business of Standard…

    FMO Co-Chief Investment Officer Huib-Jan de Ruijter (left) and I&M Bank Uganda CEO Robin Bairstow sign the Memorandum of Understanding following the announcement of a USD 20 million financing partnership. Standing behind them (left–right) are Natalie den Breugom, Deputy Director for Sustainable Economic Development at the Dutch Ministry of Foreign Affairs; Faith Kathambi, Investment Officer – Financial Institutions at FMO; René Idzenga, Head of State-Owned Enterprises at the Dutch Ministry of Finance; and Nadia Mindra, Head of Treasury at I&M Bank Uganda.

    Dutch Development Bank FMO Extends USD 20 Million Facility to I&M Bank Uganda to Boost SME Financing

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryMarch 12, 2026March 12, 2026

    Financing Company for Development (FMO), the Dutch Entrepreneurial Development Bank, has extended a USD 20 million senior unsecured facility to I&M Bank (Uganda) Limited to support lending to small and…

    Kenny Fihla’s bold tech-led retail reset sees him tap Sitoyo Lopokoiyit to power Absa’s next phase of reinvention.

    What Absa Group’s Hiring of M-PESA’s Sitoyo Lopokoiyit Reveals About Kenny Fihla’s Strategic Intentions

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryFebruary 13, 2026February 13, 2026

    Hardly two weeks after Absa Group CEO Kenny Fihla concluded a high-level working visit to Nairobi, Kenya, the Group this week announced that it had hired Sitoyo Lopokoiyit as its…

    A lead graphic showing Mumba Kalifungwa, Chief Executive of Stanbic Bank Uganda, set against the Stanbic Bank headquarters in Kampala. The image accompanies the feature “Nine Months of Mumba,” which examines Kalifungwa’s early tenure and asks whether Stanbic can convert its balance-sheet scale and regional integration into faster, sustainable growth.

    All Eyes on Mumba Kalifungwa: 9 Months In, Can He Reignite Stanbic’s Growth?

    Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryJanuary 29, 2026January 29, 2026

    In a few weeks, Stanbic Bank Uganda — the country’s largest commercial bank — will release its full-year 2025 results. If its first-half performance is any indication, the bank is…

    South Africa’s Nedbank to Acquire 66% Stake in Kenya’s NCBA Bank for $856 million

    Paul MurungiBanking & Financial ServicesEast AfricaThe Big StoryJanuary 21, 2026January 22, 2026

    South Africa’s Nedbank Group has unveiled plans to acquire approximately 66% of the issued ordinary share capital of Kenya’s NCBA Group.  The move is set to hand the Johannesburg-listed lender…

    Anne Juuko, the outgoing Regional Head, East Africa for Global Markets at Standard Bank Group and former CEO of Stanbic Bank Uganda, photographed during her leadership tenure—her departure marking a major senior-level exit after 13 years with the Group.

    EXCLUSIVE BREAKING NEWS: Anne Juuko Resigns From Standard Bank Group

    Muhereza KyamuteteraThe Big StoryWomen In LeadershipDecember 3, 2025December 3, 2025

    Anne Juuko, previously the Regional Head, East Africa for Global Markets at Standard Bank Group, has resigned her role effective 30th November 2025, CEO East Africa Magazine can exclusively reveal….

    Joshua Oigara Shares Masterclass on CEO–Board Alignment

    Paul MurungiThe Big StorySeptember 8, 2025September 10, 2025

    Former Stanbic Bank Kenya CEO and recently the Regional Chief Executive for Stanbic, East Africa, Joshua Oigara has shared a concise but powerful set of principles on building alignment between…

    Joshua Nyamweya Oigara, newly appointed Regional Chief Executive of Standard Bank East Africa, leading a USD 9 billion portfolio across Uganda, Kenya, Tanzania, Ethiopia, Malawi, and South Sudan, supported by a seasoned leadership team including Patrick Mweheire, Mumba Kalifungwa, and Manzi Rwegasira.

    Can Joshua Oigara Leverage Standard Bank East Africa’s Strengths to Outpace Rivals?

    Muhereza KyamuteteraThe Big StorySeptember 1, 2025September 10, 2025

    Effective today, September 1st, Joshua Nyamweya Oigara takes over the helm of Standard Bank’s East Africa operations, becoming Regional Chief Executive for a cluster that includes Stanbic Bank Kenya, Stanbic…

    Equity Bank crowned Best Regional Bank in East Africa at the African Banker Awards 2025

    Brian EmorutCompany NewsNews & AnalysisJuly 16, 2025July 16, 2025

    Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire. This prestigious award highlights the Bank’s significant role…

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    Latest Stories

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