Equity Bank Kenya #ticker:EQTY is set to receive Sh5.66 billion (£37 million) from UK’s development finance institution British International Investment (BII) – formerly known as CDC Group – for onward lending to small businesses.
UK’s Minister for Africa, Vicky Ford MP said the funds will be used to help the bank serve more Kenyans, especially small businesses, to boost business prosperity and help drive Kenya's economic growth.