British lender Standard Chartered Plc has pumped in capital worth Sh413 million in two Kenyan e-commerce subsidiaries targeting the business payments and agriculture segments, the bank’s latest disclosures show.
The financier said in its annual report for 2022 that it has a capital outlay of Sh295.8 million in its trade financing platform Solv Kenya, which trades under its local subsidiary Solvezy Technology Kenya Limited.