Commercial Bank of Africa Limited made an offer to acquire Jamii Bora Bank Limited from Catalyst Principal Partners, Jamii Bora Scandinavia AB, ShoreCap II Limited managed by Equator Capital Group, Sam Kimani, Timothy Kabiru and others for KES 1.4 billion on January 11, 2019. Catalyst will sell 16%, Shorecap and Jamii Bora Scandinavia each will sell 17%, while Sam Kimani and Timothy Kabiru will sell a combined 17% stake in Jamii Bora. NCBA Group PLC (NASE:NCBA) cancelled the acquisition of Jamii Bora Bank Limited from Catalyst Principal Partners, Jamii Bora Scandinavia AB, ShoreCap II Limited managed by Equator Capital Group, Sam Kimani, Timothy Kabiru and others on January 11, 2020.