Uhuru secures deal for KCB entry into Somalia after visit

Kenya’s biggest bank by assets, KCB, is set to finally get a foothold in Somalia after President Uhuru Kenyatta secured the lender’s entry into the neighbouring country during his Tuesday visit to Mogadishu.

State House said in a statement that President Kenyatta won the concession from Somalia’s leadership for KCB to open an office in Mogadishu before the end of the year.