CCI Global goes green with USD25.9 million funding from Stanbic Bank Kenya

CCI is one of Africa’s largest business process outsourcing (BPO) leaders headquartered in the United Arab Emirates (UAE) with a network of 16 sites, which include South Africa, Kenya, Ethiopia and Rwanda. CCI specialises in offering BPO solutions across various sectors, including telecommunications, media, technology, financial services, insurance, retail, e-commerce, travel, leisure and utilities.

Stanbic Bank Kenya served as the mandated lead arranger and sole lender for the USD 25.9 million green loan, with the entire sum allocated towards the completion of Eneo at Tatu Central.

Scheduled to be completed by the end of April 2024, the commercial building was developed under budget and delivered several months ahead of schedule by Gateway Real Estate Africa (GREA).

As the anchor tenant in the new development, CCI received support for the fit-out of their space from the bank as part of the funding package. This was due to our strong alignment with CCI's growth aspirations by investing in people and uplifting communities across the African continent.

CCI’s expansion comes amid unprecedented demand for the company’s young, highly skilled workforce in Kenya, creating an additional 5 000 jobs in the sector.

In parallel, the development team at GREA has successfully trained over 500 women through a programme called BuilderHer, which provided them with the necessary skills to establish sustainable careers in the built environment.

Owned and developed by Rendeavour, a prominent player in Africa's urban development landscape, Tatu City will consist of homes, businesses, schools, parks, as well as a transport hub to cater to the transportation needs of thousands of CCI employees. 

The development is designed in line with the global shift of businesses from congested urban areas to decentralised environments that provide live-work-play solutions for employees and investors alike. The infrastructure development will not only cater to the growing needs of CCI’s workforce but also foster sustainable urban development and economic growth in the region.

Stanbic Bank Kenya is proud to have the opportunity to support CCI’s ambitions to provide an innovative solution that will improve efficiency and create a more sustainable, liveable environment for Kenyans.