Kenya-based Rock Investment Bank has acquired a controlling 60 percent stake in fund manager Nabo Capital from Centum Investment Company in a deal estimated at Sh271 million, ending the listed firm’s ...

Centum has rebranded its asset management unit Nabo Capital as the listed firm seeks to give the subsidiary distinct identity and win a larger slice of the lucrative wealth management business. Nabo, ...

Nabo Capital, a subsidiary of investment firm Centum, has been appointed one of the asset managers of Norway’s sovereign wealth fund, the world’s largest at $818 billion (Sh83 trillion). Nabo, which ...

•The platform will see the boda riders build a nest egg by saving Sh50 per day. •The scheme will begin by enrolling 100 riders from each of the 47 counties, gradually building up to cover 1.4 million ...