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Absa agrees to sell its entire stake in First Assurance businesses

Absa Group has signed an agreement to sell its entire shareholding in two Kenyan insurance businesses to First Assurance Investments Limited (FAI), marking another step in the lender’s broader strategy of exiting insurance manufacturing operations. In an X statement by Mwango Capital dated August 13, 2026, Absa said it had entered into a sale and […]

We haven't written up this one. People Daily Kenya has the full story — the link below goes straight to it.

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