The regulatory body responsible for promoting and protecting competition in Kenya's economy.
Kenya’s competition regulator clears Zenith Bank’s Paramount acquisition
The Competition Authority of Kenya approved Zenith Bank's acquisition of Paramount Bank, clearing a regulatory hurdle. Zenith Bank must retain all 78 employees of Paramount Bank for at least 12 months post-acquisition.
Moniepoint gets approval to acquire 78% stake in Kenya’s Sumac after KopoKopo setback
Moniepoint has received approval from the Competition Authority of Kenya to acquire a 78% stake in Sumac Microfinance Bank. The acquisition will allow Moniepoint to enter Kenya's regulated banking sector.
Access Bank finalises National Bank of Kenya acquisition
Access Bank Plc completed its acquisition of the National Bank of Kenya from KCB Group. The transaction received all necessary regulatory approvals and was finalized on May 30, 2025.
Access Bank UK to acquire Mauritius-based Afrasia Bank
Access Bank UK to acquire majority equity stake in Afrasia Bank. Afrasia Bank is Mauritius’ fourth largest bank by total assets.
Kenya fines Baltic fintech Eleving’s local arm for misleading customers
Eleving's Kenyan subsidiary fined $84,120 for misleading customers. Mogo Kenya altered loan terms without customer knowledge.
