Nairobi, Nov. 15 -- Unga Group nearly doubled borrowings from its NCBA Bank to Sh3.57 billion in the year ended June 2026, deepening its reliance on the institution from which it sources all its bank loans.

The human and animal feed processor had outstanding loans of Sh1.8 billion the year before. Unga, which uses loans from NCBA to fund its working capital and projects including solar installations, says the latest increase in borrowings was due to rapid expansion.

Published by HT Digital Content Services with permission from Business Daily....