Finance

In 2020, Kingdom Bank received a KSh 20 billion loan facility from the Central Bank of Kenya (CBK). The exact amount of 20,960,000,000 was advanced as a zero-interest loan in accordance with the CBK statutory mandate as regulator. Kingdom Bank started the (7) repayment in 2023, paying

Kenya Mortgage Refinance Company (KMRC) of Kenya is owned by the Government of Kenya, Kenya Banks and SACCOs, the World Bank, and Shelter Afrique. KMRC was founded in 2019 to provide mortgage refinancing for housing. The company's assets at the close of 2025 were KSh 43 billion. Fannie

Ronald Mwangombe was one of the 85 members of the Ndara B Community who spent a full day evaluating the institution's town development plan, which has become the Diaspora University Town (DUT). He is happy that the community members made the right choice of embracing the building of

Banks in Voi are ready to lend Voi residents Ksh 300 million to join the Diaspora University Town (DUT) townhouses development plan. The banking product offered is the personal unsecured loan. A Voi resident can develop 1 to 4 DUT townhouses by investing between Ksh 750,000 and Ksh 3

Diaspora University Town (DUT) project director, Dan Kamau, is seeking potential investors to join the DUT project by investing in DUT Credit Ltd, a financial company being set up at DUT. Dan shows the top 100 banks in the world in assets and says that DUT Credit will be part

An article in the Business Daily in Kenya reports that the Central Bank of Kenya (CBK) projects remittances from the Kenyan diaspora will grow to KSh 676 billion. Dan Kamau, the Diaspora University Town (DUT) project director, wants about 0.5% (Ksh 3 billion of the 676 billion) remitted and

KCB Bank visited Diaspora University Town (DUT) to open bank accounts for persons working in the DUT plan and the Ndara B Community MSMEs plans for building materials and farming businesses. Some of those who opened accounts said it was their first time. Dan Kamau, the DUT project director, said,