UK-based Ghana bank eyes E. Africa with Nairobi office

KCB Group chief executive Joshua Oigara (left) with Ghana International Bank CEO Joe Mensah during the signing of a Sh2.58 billion ($30 million) loan deal at Kencom House in Nairobi on last year. Photo/Salaton Njau

London-based Ghana International Bank is set to become the first Ghanaian bank to establish a presence in Kenya following an agreement with a local consultancy to facilitate regional deals.

The bank’s service agreement with the Benaba Limited started on April 1, with the Nairobi office responsible for overseeing penetration into the East, Central and Southern Africa regions.

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