
James Mwangi-led Equity Group mobilizes $4.6 billion to support MSMEs in East and Central Africa
Equity Group is listed on the Nairobi Securities Exchange and holds over $8.92 billion in assets.
Equity Group is listed on the Nairobi Securities Exchange and holds over $8.92 billion in assets.
Equity Group is a leading financial services holding based in Nairobi, the capital and largest city of Kenya.
The group is embarking on the deal to expand its operational footprint beyond its current markets.
The gains can be linked to the group’s better-than-expected financial results for Q1 2021.
The surge follows a rise in the company’s shares on the Nairobi Stock Exchange.
Its foundation will plant about 7,000 trees to mitigate the adverse effects of climate change.
The company has acquired an additional 7.7-percent stake in its subsidiary, Equity Bank Congo.
Equity Group is collaborating on the facility with leading European development banks.