Family Bank Debuts on the Nairobi Securities Exchange
The markets were vibrant this week as Family Bank officially made its debut on the Nairobi Securities Exchange (NSE), marking the largest private sector listing in more than 17 years.
The stock opened at an introduction price of Ksh 18 per share before attracting strong investor interest, rising to as high as Ksh 50 during early trading before settling within the Ksh 22–24 range.
The listing opens a new chapter of liquidity, broader public participation, and greater depth for Kenya’s capital markets.
Kenya Adds Two Million Mobile Money Accounts
Kenya added two million mobile money accounts during the January–March 2026 quarter, pushing total subscriptions to 53.4 million, according to the Communications Authority of Kenya.
The latest figures highlight the continued evolution of mobile money beyond payments, with growing adoption of digital savings, investments, and insurance products such as Ziidi MMF and Ziidi Trader.
Kenya Opens Government Securities to Global Investors
Kenya has taken a major step towards opening its government securities market to global investors following the launch of a new market link between the Central Bank of Kenya and Clearstream.
The connection will provide international investors with easier access to Kenya’s Treasury bills and bonds, helping deepen market liquidity, broaden the investor base, and strengthen the country’s financial markets.
Treasury Bond Tap Sale Attracts Strong Demand
The Central Bank of Kenya raised an additional Ksh 29.2 billion through the tap sale of June Treasury bonds, exceeding its Ksh 20 billion target after receiving bids worth Ksh 31 billion.
The strong demand enabled the tap sale to close on its first day as the government moves to complete its domestic borrowing programme for the 2025/26 financial year.
The CBK also accepted Ksh 17.43 billion in this week’s Treasury bills auction.
The 91-day paper attracted the strongest demand, receiving bids worth Ksh 14.19 billion against an offer of Ksh 4 billion.
Weighted average interest rates settled at 8.83% for the 91-day bill, 8.84% for the 182-day bill, and 8.99% for the 364-day bill.
Ecobank Kenya Appoints Flora Mutahi to its Board
Ecobank Kenya has appointed renowned entrepreneur and Melvins Tea founder Flora Mutahi as a Non-Executive Director.
The bank believes her experience in entrepreneurship, governance, and private sector leadership will strengthen its strategic direction as it expands support for SMEs and women-led businesses.
NCBA Expands Solutions for Schools and SACCOs
NCBA unveiled a bundled financial solution for private schools, bringing together financing, digital fee collection, insurance, investments, and banking services under one platform.
The bank also partnered with Mwalimu National DT SACCO to launch Salo Xpress, a payroll management solution that offers real-time tracking, seamless salary processing, reporting capabilities, and improved operational efficiency.
Additionally, Mwalimu National DT SACCO, in partnership with NCBA, launched Salo Xpress, a new payroll management solution designed to simplify salary processing for organizations. The platform offers real-time tracking, seamless payroll processing, reporting capabilities, and enhanced visibility to improve efficiency and reduce turnaround times.
More here: https://ncbagroup.com/ke/for-corporate/sacco-banking-corporate/
Murang’a Purple Tea Makes its Paris Debut
Kenya’s Murang’a Purple Tea officially debuted in Paris, marking another milestone in positioning Kenya’s specialty tea in premium international markets.
Supported by Gatanga Industries, Palais des Thés, and Equity Group, the initiative seeks to improve branding, traceability, and geographical recognition while helping farmers access higher-value global markets.
The 79th Abojani Personal Finance Masterclass
The second half of the year is here, making it the perfect time to review your financial goals and sharpen your investment strategy.
Join our 79th Abojani Personal Finance, Saving & Investing Masterclass and learn practical approaches to budgeting, investing, and building long-term wealth.
You’ll learn about:
- Treasury Bills & Bonds
- Stocks & REITs
- Unit Trusts
- SACCOs
- Personal Financial Planning
Register HERE before 30th June to enjoy the early bird offer.
CEO & Co-Founder, Abojani Investment
Robert Ochieng is a visionary entrepreneur and the co-founder of Abojani Investment, a leading financial education platform in Kenya that has empowered over 20,000 Africans to embark on their investment journeys. As CEO, he has demonstrated an unwavering commitment to financial literacy, successfully demystifying money and investments and making them accessible and relevant to individuals from all walks of life.
Running Thriving Investment Communities
Robert’s influence extends well beyond Abojani Investment’s core offerings. He has actively fostered a sense of community by running investment forums and groups with a vast following of over 300,000 Africans. These communities provide a safe space for individuals to exchange ideas, share experiences, and support each other on their investment journeys.
Vision for the Future
As co-founder of Abojani Investment, Robert envisions a financially empowered Africa. He strives to expand the reach of his financial education initiatives, enabling millions more to gain the knowledge and confidence needed to achieve their financial goals. His vision is to create a society where every individual has the tools and understanding to build lasting wealth and prosperity.
Professional Background
Robert Ochieng is a highly accomplished CEO at the helm of Abojani Investment, an investment and advisory firm in Kenya. He is a seasoned professional with over 14 years of experience in IT, Finance, and leadership.
His career includes key roles at prominent institutions such as Equity Bank, Gulf African Bank, Guaranty Trust Bank (GTBank) and Airtel.
Robert’s expertise has also been sought after by the National Treasury for consultancy on planning and budgeting systems, showcasing his exceptional knowledge and skills in the field. Passionate about driving meaningful conversations and collaborations between academia, industry, and the public sector, Robert actively engages in research projects focusing on digital transformation within the financial services sector. With his visionary leadership and strategic insights, Robert Ochieng continues to make a significant impact in the business world.
