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Dear Esteemed Client,

We trust you are keeping well and safe,

As advised in February 2020, Apex Africa Capital and AIB Capital Limited announced the agreement to merge their respective Stock broking, Bond trading, Derivatives, Research and Corporate Finance businesses in Kenya to operate under a joint venture company.  The joint venture will form part of AXYS Group, a financial services provider with its head office based in Mauritius offering a wide range of services such as: Asset & Wealth Management, Corporate Service, Brokerage, Corporate Finance, Asset Financing and Deposit taking.

We are confident this merger will enable us to offer a wider range of financial solutions to our clients and increased customer service excellence.  We are looking forward to a bigger and better team, working together for the best interest of our clients and the industry.

We are today pleased to announce that we have received the approval from the relevant authorities for the merger of the two entities, and we are now in the process of actively bringing them together, under the name of AIB-AXYS Africa Ltd.  We are looking forward to sharing with you our new Brand Identity in the coming month.

For the moment we wish to inform you of the following:

  • There will be a migration of all Apex Africa Capital accounts to AIB; as AIB will be the operating company for the new entity. The target date for the migration of all accounts is 30th June 2020.

  • Kindly note that this will be an automated process and there will be no interruption to our clients and no disruptions to service delivery.

  • Client relations will continue as usual before, during, and after the migration.

  • AIB Capital Ltd will be moving premises to the current Apex Africa Capital office. AIB introduced remote working for all our staff on Monday 30th March 2020, nevertheless, when AIB resume’s business as usual; AIB will re-open at the new location:

  • The Promenade, 5th Floor, General Mathenge Drive

       P.O.Box 43676-00100 | Nairobi | Kenya

We understand that you may have some questions or concerns regarding the above. You may direct these through our usual contact lines as follows:

Email:

Apex Africa Capital Ltd – info@apexafrica.com

Telephone:

Apex Africa Capital Ltd - +254798981928 / +254207602525

Please rest assured that the dedicated management and personnel of Apex Africa Capital who currently service you will remain the same.

We are looking forward to building on our relationship in the future and introducing our other partners and associates within the group.   We are confident that our new affiliation will serve us all well.

We thank you for your continued support and wish you and your families continued good health and safety during this challenging time.

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