Mauritius Commercial Bank (MCB) has appointed Felix Gichaga as its Chief Representative Officer in East Africa, signaling its push for a stronger presence in the region. Gichaga, a seasoned banking expert, brings deep knowledge of the African financial sector. His focus will be on expanding MCB’s footprint in Kenya and East Africa by strengthening partnerships […]
East Africa’s Trade Struggles: High Costs, Poor Infrastructure, and Missed Opportunities
East Africa’s trade potential remains largely untapped due to serious challenges in infrastructure, financial access, and economic diversification. A new report by MCB Group highlights the hurdles preventing African nations from reaping the full benefits of intra-continental trade. Trade Costs Remain High Shipping goods within Africa is often more expensive than importing from overseas. Moving […]