Articles & Press Releases

VAELL TO RAISE $50M IN DEBT EQUITY FUNDING
Vehicle and Equipment Leasing Ltd (VAELL) is seeking to raise $50 million in debt and equity funding to offshoot the

BUMPER FRIDAY, CAR SALE SUCCESS!
August saw a banner month for Quipbank with a successful inaugural car sale. Dubbed bumper Friday, the event held on

PTA BANK AND VAELL INKS KES. 960 MILLION DEAL
Vehicle and Equipment Leasing Ltd (Vaell) has announced Kes. 960 million Deal with PTA Bank. The PTA BANK, East and

VAELL LEASES VEHICLES TO VIVO ENERGY KENYA
Vivo Energy, the Shell licensee in 16 countries in Africa, has expanded its leased fleet by another 8 units to further

WHY LEASING OPTION IS GOOD FOR COUNTRY AND COUNTIES TOO
On February 23, governors, in an open letter to the Health secretary, expressed reservations over the proposed managed equipment services

A TRIBUTE TO THE VAELL 2015 TEAM
It was a chilly Friday morning, the 4th of December, 2015. I had to be at the Junction at 6:30 am

VAELL ROLLS OUT FIXED COST LEASING
In a global emergent trend, most companies do not want to create their own dedicated fleet maintenance systems but still

VAELL, TATA SIGNS A LEASE DEAL VALUED AT KSHS 350M
Vehicle and Equipment Leasing Ltd (VAELL) and Tata Africa Holdings have partnered to supply equipment to a consortium of Tanzanian

VAELL LEASING SIGNS A KSHS 356M DEAL WITH INNOVARE FINANCE
Vehicle and Equipment Leasing Limited (VAELL)has signed a KSh 356 million ($4 million) financing deal with a Mauritius-based fund to

VAELL TO RAISE KSHS 8.4 BILLION THROUGH AN ASSET-BACKED BOND ISSUE
NIC Capital, the investment banking subsidiary of the NIC Bank Group, has been mandated as the Lead Arranger to help

VAELL, TELCOM KENYA SIGN KSHS 115 VEHICLE LEASING DEAL
Telkom Kenya has signed a KSh 115 million three-year contract to lease from local vehicle and equipment leasing firm Vaell. Under

VAELL PARTNERS WITH SOUTH KOREAN AUTOMAKER HYUNDAI MOTORS
South Korean automaker Hyundai Motors has partnered with a Kenyan leasing company—Vehicle and Equipment Leasing Limited (Vaell)— as it seeks
