By
Julians Amboko
Contributor
Nation Media Group
A debt collection company whose clients include banks and digital lenders has been saved from a Sh113.2 million dispute after inking an agreement with its creditors and exiting administration.
Collection Africa’s total outstanding indebtedness as at September 30, 2025 stood at Sh113,215,080.
By
Julians Amboko
Contributor
Nation Media Group
A debt collection company whose clients include banks and digital lenders has been saved from a Sh113.2 million dispute after inking an agreement with its creditors and exiting administration.

The company’s broader insolvency dispute pits major secured lenders owed in excess of Sh16 billion –though the Official…

High Court ruling leaves Sh203.5m software award open to execution while bank pursues an appeal against December ruling.

The debt to NCBA is part of Sh31 billion claims against the logistics firm by various lenders and creditors.

The High Court rejected claims of excessive interest charges and undervaluation of assets, clearing the way for Equity Bank to…

This stemmed from a dispute over Sh14m frozen during investigations into a Treasury Bonds fraud.

Mr Mwangi allegedly acknowledged the company's indebtedness and agreed to honour the guarantee should the company fail to pay.