KCB Bank Group voted best in Kenya by Global Finance Magazine

KENYA – KCB Bank Group has been recognized as the best bank in Kenya by the respected Global Finance Magazine during their 28th annual awards for the World’s Best Banks.  KCB Bank has now won this award for three successive years.  This recognition was awarded to the bank for its robust market presence in the East African region, and its digital innovation to drive financial inclusion especially during a pandemic.  KCB Group CEO and MD Joshua Oibaras said they are delighted to receive the award for the third year in a row. “With…

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Kenya’s JKIA, Moi Airports ranked among the best on customer service in Africa

KENYA – Jomo Kenyatta International Airport (JKIA), Nairobi, and Moi International Airport (MIA), Mombasa have been ranked second and fourth respectively in customer service in Africa by the Airports Council International (ACI). Dakar Blaise Diagne International Airport (Diass, Senegal) was ranked the best airport in Africa after demonstrating “significant efforts” in gathering passenger feedback through the Airport Service Quality (ASQ) Departures survey, to help them better understand their customers during the pandemic. Among the top six airports include Kotoka International Airport (Accra, Ghana) which came third while SSR International Airport…

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AfDB named World’s Best Multilateral Financial Institution 2021 by Global Finance

AFRICA – Prestigious U.S. magazine, Global Finance, specializing in financial markets and investment banking, has named the African Development Bank (AfDB) as the “Best Multilateral Financial Institution in the world for 2021.”  The award is a global recognition for the path breaking efforts of the African Development Bank as it transforms itself into a solutions bank for Africa, through a combination of its operations, knowledge services and investment positioning, which continue to help accelerate Africa’s development. The award is an affirmation of the success of the operational strategy being pursued by…

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FNB voted Africa’s most valuable bank brand for the second time

SOUTH AFRICA – First National Bank (FNB) of South Africa has retained its position as Africa’s Most Valuable Bank Brand for the second year in a row in the 2021 Brand Finance® Global 500 Banking report. With brand value of US$1.3 billion, FNB is the top performing South African brand among top 200 most valuable bank brands in the world in the 2021 Brand Finance® Global 500 Banking ranking. In determining leading banks, the Brand Finance® survey partly considers brand-specific revenues as a proportion of parent company revenues attributable to the…

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Standard Bank bags global award for SME Covid-19 crisis relief effort

SOUTH AFRICA – Standard Bank has been recognised as among the top banks globally in its efforts to support and provide relief to its small and medium-sized enterprise (SME) clients since the onset of the Covid-19 pandemic. It was the only financial services organisation in South Africa to be invited to participate as a nominee in the “SME Bank of the Year” category at the SME Banking Awards, and the bank received a Silver award. This award category recognises top institutions that demonstrated compassion and provided crucial support to SME…

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Mozambique LNG Area 1 Project and AfDB win Multilateral Deal of the Year Award

MOZAMBIQUE – The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank (AfDB) have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the print and online publication Project Finance International (PFI). The project, the single largest foreign direct investment in Africa to date with a value of more than US$24 billion, will exploit Mozambique’s immense offshore natural gas reserves, which can potentially transform global energy markets. The AfDB signed an agreement for a US$400 million senior loan to finance the project in July 2020. In…

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African youth agripreneurs bags US$120k in prizes from AfDB

AFRICA – The African Development Bank’s AgriPitch competition has awarded US$120,000 in prizes to African youth “agripreneurs.” The recipients include founder of a cassava processing business in Kenya, a co-founder of a novel food processing technology start-up, and the owner of a smallholder farmer food procurement company in Nigeria. The AgriPitch competition offered young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals to a panel of experts and investors who selected winners in “early start-up,” “mature start-up” and “women-empowered businesses” categories. “I was so excited when…

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Hemingways Nairobi wins prestigious Mystery Inspectors’ Award 2020

KENYA – Luxury boutique hotel Hemingways Nairobi has been awarded the ‘Mystery Inspectors’ Award in the Small Luxury Hotels Awards 2020. The property emerged top from over 550 member hotels. The award was one among 17 categories featured with others including Hotel of the Year, Travel Agents’ Hotel of the year, Most Liked Hotel, Digital Excellence Award and Best Gourmet Experience among others. Lefay Resort & SPA Lago di Garda in Italy, Hotel Relais Christine in France, Triumph Hotels in the USA and The Seminyak Beach Resort & Spa in…

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