EAST AFRICA

Kenyatta-backed Kenyan bankers at the forefront of EAC enlargement

Equity Group MD & CEO Dr. James Mwangi signs the purchase agreement with BCDC Majority Shareholder Mr. George Forrest.
Equity Group MD & CEO Dr. James Mwangi signs the purchase agreement with BCDC Majority Shareholder Mr. George Forrest. © Twitter @EquityBCDC
As DR Congo joins EAC, Kenyan lenders such as Equity Bank and KCB Group hope to conquer new markets in a dynamic region. The Kenyan government is fully behind the banks, but some local players are worried about potential competition. [...] (642 words)
Issue dated 29/03/2022 Reading time 3 minutes
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