The African Economic Research Consortium (AERC), one of the most active research and capacity-building institutions in the world, with a focus on Africa and headquartered in Kenya, has added yet another feather to its cap as an authoritative economic...
Equity Group and the family of Dr. James Mwangi have donated Kes 120 million (USD 1 million) to address the plight of Kenyans affected by the current drought in the country. The amount is composed of Kes 60 million...
Students on internship have been urged to take up a personal accident cover to cushion against expenses that may arise due to an accident during an internship or industrial attachment.
“Unpredictable and unfortunate incidents occur in the workplace. The...
M-TIBA in partnership with the PharmAccess foundation, together with the Northwestern University and the County Government of Kisumu supported the launch of the Grace Onyango Foundation in Kisumu in an effort to promote the digitization of healthcare in Africa....
The Kenya Medical Supplies Authority (KEMSA) has received a lobbying boost from Makueni Governor Mutula Kilonzo Junior, who has pledged to advocate for a Kshs 3 billion re-capitalisation of the state commercial agency.
Speaking when he flagged off a more...
Japan attaches great importance to education and supports human resources development in Kenya
On 14 September 2022, the signing ceremony of the grant contract for the Grant Assistance for Grassroots Human Security Projects (GGP) was held between H.E. Mr. OKANIWA...
The acquisition is in line with the company’s mission to build an Africa that is in good health by delivering life-changing healthcare services and drugs to improve health outcomes for patients
mPharma (https://mPharma.com), Africa’s leading patient-centered technology-driven healthcare company, has...
tandard Chartered Bank Kenya Limited today releases its results for the six-month period ended 30 June 2022.
Kariuki Ngari, Chief Executive Officer, said:
“We have delivered a strong set of results for the first half of the year with income up...
The Kenya Medical Supplies Authority (KEMSA) has invested more than Kshs 30 million to facilitate efficient service provision from the Kisumu regional supply chain centre, the Authority's CEO Terry Ramadhani has confirmed.
Speaking when she hosted Homa Bay County Governor-Elect...
KCB Bank has been named as the ‘Best Bank in Sustainable Finance in Kenya 2022’ in recognition for its efforts in creating a more sustainable business enterprise through deliberate socio-economic interventions.
The award announced by Global Finance, recognizes global, regional and local leadership in Sustainable Finance – funding for initiatives designed to mitigate the negative impacts of climate change, building resilience and help build a more sustainable future for humanity.
The award comes at a time when there are calls for institutions to embrace sustainable practices through adopting the UN Sustainable Development Goals as a guide to assist in the attainment of reduced global net human-caused emissions of carbon dioxide by about 45 percent from 2010 levels by 2030, reaching net zero around 2050
Speaking to this achievement, KCB Group CEO Paul Russo said: “We are privileged to be the top mover of the Sustainability Agenda. The win reinforces our commitment to building a brand that is not only focused on profits alone but on the customers and the communities we serve. At the heart of our operations is the need to be able to optimize on our operations in order to create more efficient, sustainable industries that are considered the brands of the future.”
KCB Group has been accelerating sustainable finance not only in Kenya but also across the region, consequently accelerating transition to a low-carbon resilient economy. Currently, the Group has set a target of transitioning 25% of its total loan portfolio to green investments by 2025, as part of its Net Zero ambition.
On his part, Global Finance Publisher and Editorial Director Joseph Giarraputo, said, “The pandemic and energy-sector disruptions have heightened awareness on climate change risks, while technological innovations present new possibilities and offer new solutions to mitigate damage and build a sustainable future for all”.
In 2021, KCB Group received a series of global accolades that recognizes the bank’s efforts in sustainable business. KCB was feted as the Best Sustainable Bank in Kenya by the International Business Magazine for its efforts in driving and ensuring the adoption of sustainable and green financing initiatives, Best Sustainable Bank by International Business Magazine, Best Retail Bank and Most Valuable Banking Brand by Finance Derivative, as well as the Most Valuable Banking Brand by Brand Finance.
