financial performance

Kenya's banking sector reported a 20% increase in aggregate profits to Sh311 billion, driven by lower operational costs and improved efficiency, creating expanded capacity for shareholder distributions.

African banks recorded net interest margins of 6.2% in 2025, up from 5.7% the previous year, driven primarily by Nigerian institutions capitalizing on high-rate environments, according to Fitch Ratings. The improved profitability is enabling firms like Nestlé Nigeria to resume dividend payments after multi-year suspensions.