A mid-tier lender in Kenya, expected to launch an IPO that will test market liquidity.
Family Bank Puts a Strategic Investor on Its Post-Listing Agenda
Family Bank debuted on the Nairobi Securities Exchange with 1.662 billion shares at a reference price of Sh18 each. The bank aims to reduce ownership concentration and broaden its shareholder base by onboarding a strategic investor.
Kenya Bets on M-Pesa to Attract Retail Investors
The NSE is pivoting to a mobile-first strategy to increase retail investor participation. Integration with mobile money platforms like M-Pesa aims to convert millions of phone users into active retail investors.
