Absa Bank has called for accelerated digitisation, stronger interoperability and greater ecosystem collaboration to reduce the cost of trade finance and unlock Africa’s next phase of economic growth. Speaking during the GTR Conference in Nairobi, Lydia Wangari-Karanja, Director of Transactional Banking at Absa Bank Kenya, said digitisation is becoming increasingly critical in improving efficiency, reducing…
The Absa Kenya Foundation has partnered with German Corporation for International Cooperation and the African Guarantee Fund to launch the CirculaRising Programme, a large-scale initiative targeting over 6,000 new and improved jobs within the next two to three years. Positioned as Kenya’s first and largest circular economy programme, the initiative aims to support more than…
Absa Bank Kenya has entered into a strategic partnership with World Navi aimed at streamlining vehicle importation into Kenya through an integrated financing and sourcing model. The deal, delivered under Absa’s Asset-Based Finance (ABF) offering, will allow customers to import vehicles directly from Japan while accessing structured financing in one bundled solution—addressing longstanding pain points…
Absa Bank Kenya has renewed its title sponsorship of the Absa Kip Keino Classic with a Sh35 million investment, setting the stage for a historic 2026 edition to be held under floodlights at Nyayo National Stadium. The World Athletics Continental Gold Tour event is scheduled for Friday, April 24, 2026, and will, for the first…
Kenya’s top professional golfer, Njoroge Kibugu, has received Sh2 million cash reward from Absa Bank Kenya following his remarkable performance at the 2026 Magical Kenya Open presented by Absa in February. Kibugu was the sole Kenyan to make the cut to the final round by delivering a highly competitive performance against a field of highly…
Absa Bank has reported a 10 per cent increase in net profit to Sh22.9 billion for the year ended December 31, 2025, driven by strong non-interest income growth, improved asset quality and tighter cost management despite pressure on interest income. The lender’s total revenue stood at Sh61.4 billion during the period, reflecting shifts in the interest…
