Striker Harrison Mwendwa notched the all-important goal for Kariobangi Sharks on the 60th minute, as he beat Bandari's keeper Farukh Wakhiso with a left foot shot from inside the box after the striker was released by team mate.
Kariobangi Sharks, thus, received US dollars 30, 000 for laying their hands on the silverware, whereas Bandari were presented with US dollars 10, 000 for taking the second spot.
Kariobangi Sharks have also got an opportunity to host English Premier League giants, Everton FC, in an international friendly match in Kenya later this year.
Simba of Tanzania took the third position in the tournament, posting a 5-3 win over compatriots Mbao FC in the penalty shootouts of the third-place play off that took place earlier.
The penalty shootouts had to take place, given the regular time ended with the two teams locked to a barren draw.
Okwi, Nicholas Gyan, Paschal Wawa, Deogratius Munishi and Clatous Chama scored the penalties for Simba.
Said Hamisi, Babilas Chitembe and Vincent Mayombya netted their spot kicks for Mbao FC whereas Rajesh Kotecha failed to convert his spot kick. Simba received US dollars 7, 500 as a cash prize set aside for an outfit that finished third.
In the third-place match, Simba went close after the kick off, when forward Sadney Urikhob saw his right foot effort from outside Mbao FC area go off target.
Urikhob wasted another good opportunity on the seventh minute as his effort from inside the opponents' area went agonizingly wide.
Mbao FC had a meaningful chance on the 10th minute, as the side's fullback Vincent Mayombya floated in a good cross from the right side, only to see fellow striker Raphael Siyame fail to slot the ball home.
Ngalema threw overboard an opportunity few minutes later in which he failed to connect home a cross floated in from outside Simba's area.
Simba kept on pushing for the opener and went close on the 25th minute, in which a header by Urikhob from within Mbao FC area, off a centre by right fullback Zana Coulibaly, went inches over.
Mbao FC keeper Metacha Mnata had to make a timely save on the 28th minute to keep Simba at bay, in which he cleared a careless back pass by defender David Mwasa inside the box.
Mbao FC grew in confidence during the latter stages of the stanza, in which they made good runs into Simba's area in pursuit of a goal but the latter's defense stood firm and frustrate the former's attacks.
Simba defender, Lamine Moro, made a timely block to frustrate Mbao FC forward Said Hamisi that had a made a good run from 20 meters and attempted to unleash a shot outside the area on the 40th minute.
The opening stanza ended with neither side having found the back of the net.
Simba fluffed a glorious opportunity on the 47th minute in which second half substitute, Emmanuel Okwi, set up Urikhob within Mbao FC area but the latter could only blast over.
Mbao FC survived a scare on the 55th minute in which a right foot volley by Okwi from within the former's penalty area came off the right post.
The Mwanza side put Simba defense under pressure two minutes later as a fierce shot by Gervas Bernard from the edge of the area was saved by keeper Deogratius Munishi.
Mbao FC will live to remember a good opportunity that went their way shortly thereafter, as Hamis was released within Simba's area, he though took time to attempt to get the better of the latter's defenders and was dispossessed.
Much as Simba made several forays into Mbao FC box during the closing stages of the match, the former failed to put the ball on the back of the latter's net.