Mogo Doubles Local Bank Funding to Sh1.6bn Amid Growing Institutional Support in Kenya

Mogo Doubles Local Bank Funding to Sh1.6bn Amid Growing Institutional Support in Kenya

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Mogo has doubled its local bank funding to Sh1.6 billion, reflecting increased backing from Kenyan institutional investors. This growth contributes to a total local funding pool exceeding Sh9 billion, primarily driven by private placement programmes arranged by Dry Associates Investment Bank.

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Originally published by gnews