CAK Notice on Acquisition of Gulf Africa Bank by Soren Investment Company Ltd

THE PROPOSED ACQUISITION OF CONTROL OF GULF AFRICA BANK LIMITED BY SOREN INVESTMENT COMPANY LIMITED

PURSUANT to the provisions of section 46 (6) of the Competition Act (Cap. 504) of the laws of Kenya, it is notified for general information that in the exercise of the powers conferred upon the Competition Authority of Kenya by section 46 (6) (a) of the Competition Act, the Competition Authority of Kenya has authorized the implementation of the proposed merger as set out herein.

Dated the 16th May, 2025.

DAVID KEMEI, Director-General.