Uhuru family bank CBA seeks stake in broke DR Congo lender

Kenya’s Commercial Bank of Africa (CBA) has expressed interest in buying into a distressed bank in the Democratic Republic of Congo (DRC), according to Bloomberg news service.

The CBA, which is associated with the family of President Uhuru Kenyatta, reportedly wrote to DRC’s central bank saying it was ready to participate in the re-capitalisation of Banque Internationale Pour l’Afrique au Congo (BIAC).