Equity eyes small firms with PE, venture capital fund plan

Equity Centre in UpperHill Nairobi.

Photo credit: File | Nation Media Group

Equity Group’s #ticker:EQTY investment banking arm is planning to set up venture capital and private equity funds to drive investment in ICT and small enterprises in Kenya and the region.

The group’s chief executive officer James Mwangi said the move was informed by the company’s realisation that there is still high unmet demand for financing innovation in developing countries such as Kenya.

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