Equity set to spend Sh500bn on Kenya, South Africa businesses

James Mwangi

Equity Group Chief Executive Officer James Mwangi. FILE PHOTO | NMG

Equity Group has set aside Sh500 billion to finance Kenyan and South African firms seeking to trade or invest in Africa, in a move to expand its business beyond seven countries where it operates.

The bank will offer credit to companies that want to set up manufacturing, construction, health and investment firms, facilitate value addition through processing and packaging and finance export or import business.

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