Transaction hands Rock Investment Bank immediate control of one of Kenya’s established investment managers.
Prime
Tuesday, June 30, 2026 - 3 min read
Centum Investment Group CEO James Mworia delivers his speech at a function in Nairobi on June 29, 2026.
Photo credit: Billy Ogada | Nation Media Group
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Rock Investment Bank acquired the 60 percent stake in Nabo Capital at the end of June, ending Centum's majority ownership after…
Both entities will remain focused on their areas of expertise.
The deal will see Kenyatta families and former Central Bank governor Philip Ndegwa emerge as major beneficiaries of a transaction…
Only investors with 7,520 NCBA shares or more have been offered cash-and-stock compensation to meet the condition of holding at…
NCBA has physical operations in Kenya, Uganda, Tanzania and Rwanda and digital presence in Ivory Coast and Ghana.
The shares were bought from local institutions and foreign investors who traded part of their holdings to take profits as the…
