×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Kenya's Cabinet approves establishment of regional bank in Nairobi

Nairobi, Kenya: The Cabinet has approved a proposal to establish a regional financial institution in the country that will take care of the East Africa Community’s five member states.

The Cabinet, which met Saturday, approved the creation of African Export Import (Afrexim) Bank in Nairobi to foster financial power in the block.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in