Bankelele
bankelele.bsky.social
Bankelele
@bankelele.bsky.social
Chats on banking, finance, investing, aviation & motorsports in Africa.

Blog on hiatus: https://bankelele.co.ke
Podcast: Motor Life F1.
As we learnt in Europe, without local capital, you won't build a strong market. Africa has its capital in banks, insurers, pensions, and in phones – create solutions using ambitious regulations that foster trust, innovation, and growth - Jeune Afrique's Amir Ben Yahmed #AFIS2025
November 3, 2025 at 1:28 PM
Official opening day of the $1 billion Grand Egyptian Museum.

Grateful to CIB Kenya Bank for the preview of the #GEM.

Now, on to bring back treasures from Western museums to their home.
November 1, 2025 at 8:58 AM
This week, Lusaka, Zambia, hosts the fourth replenishment round (ADF-17) meetings of the AFDB's African Development Fund that benefits Africa’s lowest-income countries. #ADF17
October 6, 2025 at 5:39 PM
"We want to bring capital to the Africa beyond diaspora remittances and also facilitate an exchange of ideas" - Aspen Initiative Africa Director @LailaMacharia.

.. adds PS Roseline Njogu .. Kenya has 4 million in the diaspora who remit $5 billion a year #DiasporaDialogues2025
July 22, 2025 at 6:59 AM
Some farmers have a policy not to grow any crop that the government can dictate market policy and pricing.

Also, there are loaded commodity ships that sail in international waters waiting for any country to open up favourable trade window opportunities. #bartalk
July 10, 2025 at 9:44 AM
Del Monte US companies undertaking a court-supervised sale with $912 million financing from debtors and banks to fund operations .. it will not affect other Del Monte companies around the world like Del Monte Fresh that manages Kenya .. here is a 1929 Standard newspaper ad.
July 3, 2025 at 9:54 AM
In my tenure, the bank has lent $150 billion, off 43 billion assets - showing Africans pay their debts. Revenue rose 7x to 3.2 billion and the share of African financing at the bank rose from 11% to 37% – Prof. Benedict Oramah, outgoing President & Chairman @afreximbank #AAM2025
June 27, 2025 at 3:39 PM
Between 1964 and 2014, the AfDB approved financing worth $118 billion. During my tenure, we approved $102 billion – 46% of the other years and disbursed $59 billion - all while maintaining a Triple-A rating, even during COVID-19 - @AfDB_Group President Adesina #AfDBAM2025
May 27, 2025 at 11:41 AM
Be a pioneer in green mobility and sponsor the first-ever electric vehicle to compete in the Rhino Charge, and it is proudly built in Kenya. #EV www.justgiving.com/p...
April 29, 2025 at 8:23 PM
The final week of Kenyan banks announcing the 2024 financial results has a pattern of shrinking assets while increasing profits.
March 26, 2025 at 9:24 AM
President Ruto reveals Safari Rally budget cuts from 2.1B in 2023 to just under a billion in 2025. Says his goal is to have the Government's budget at zero and have corporations and the private sector footing all costs of the most-watched rally on the WRC calendar.
March 22, 2025 at 9:53 AM
Several African presidents were writers who wrote dreams of what nations would be - e.g. Neto, Senghor, Kenyatta, Nyerere - and their texts spoke their nations into being - Parselelo ole Kantai at a "domain of the marvellous workshop" at #AMF2025. #AfricaMediaFestival
February 27, 2025 at 12:19 PM
A new credit analyst program by the Commercial International Bank (CIB) and the Kenya Bankers Association (KBA) aims to train young Kenyan financial professionals to advance in local and global banking markets.

Apply now to CIB Kenya & CIB Egypt via https://bit.ly/4hWJQn3
February 20, 2025 at 11:51 AM
In ten days, Dar es Salaam Tanzania will have a showcase of Africa's biggest energy revolution that has a goal of powering 300 million lives with electricity by 2030 - half with off-grid innovations and half through grid expansion. #Mission300
January 17, 2025 at 7:11 AM
Equity Bank in Rwanda found women entrepreneurs hesitant to apply for loans, fearing they couldn't repay if pregnant and their business would collapse. So the bank introduced a grace period during maternity leave. - Melissa Basque-Roux, AFAWA Coordinator, AfDB Group #AIF2024 #AfricaInvestmentForum
December 6, 2024 at 7:24 AM
The NBA's Pan-African League enables countries retain talent that used to leave for better salaries and experiences.

Nairobi City Thunder, the first Kenyan team to qualify, is a private investment in good players, coaches, and managers. - Clare Akamanzi on sports as a business catalyst #AIF2024
December 5, 2024 at 2:07 PM
We want a common framework for project appraisals that save time in decision-making. Timely appraisals and decisions will enable more deals on the continent - AFC CEO Samaila Zubairu at the Africa Investment Forum 2024. #AIF2024
December 5, 2024 at 4:36 AM
The Africa Investment Forum aims to attract, retain and grow capital and make things happen for Africa by shifting perceptions on investment and being the trusted partner to facilitate, advance and close bankable deals. - AfDB Group President Akinwumi Adensina. #AIF2024
December 4, 2024 at 8:35 AM
A read of some newspapers from the Emirates lounge including the Boston Globe, Gulf Today, Khaleej Times, the FT, and the NYT. #inthepapers
November 29, 2024 at 8:24 AM
The final week of Q3 2024 bank results. One bank celebrating a milestone anniversary is Citi's Citibank Kenya subsidiary which started as a First National City Bank office, 50 years ago, in August 1974.
November 26, 2024 at 8:42 AM
The Akirachix Code Hive 2024 Class pitches are by 90 young women from 11 countries in 15 groups with solutions that cover financial inclusion, disaster risk mitigation, legal tech, land rights, drug safety, child health, construction, etc.
www.youtube.com/live/R-5KhWY...
November 22, 2024 at 9:06 AM