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African banks in hot pursuit of Kenya’s profits face tough local rivals
African banks including Egypt’s Commercial International Bank (CIB), Nigeria’s Access Bank and South Africa’s Nedbank are seeking to expand in Kenya, but competition from the country’s entrenched domestic lenders is limiting their returns. Kenya’s appeal lies in its gateway role to the East African Community, a fast‑growing bloc expanding by…
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Click here to read the full story: CNBC Africa