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Equity's Rwanda bank buy deal hits $47m - The East African

The initial agreement had seen Equity Bank lock up stakes held by the Government of Rwanda. ....

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Ajay Banga's nomination to World Bank holds great promise to further Africa's development agenda

Ajay will awaken the potential of emerging markets through practical solutions that will unlock their latent potential. ....

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'You are not seeing a CEO in me,' Kibaki told Equity boss in meeting that set off Vision 2030

Dr Mwangi says fruits of Kibaki’s great investments in the economy are being reaped today. ....

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Equity Group profit after tax jumps to Sh8.7 billion

Equity Group records after-tax profit of Sh8.7b in first quarter of 2021 compared to Sh5.3b same period last year ....

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European DFIs invest $100m in Equity Group

DEG, FMO, CDC Group and Team Europe have signed a $100m (Kshs 11bn) loan facility with Equity Group Holdings in its continued commitment to strategically walk with MSMEs during the COVID-19 pandemic.
This is the fourth tranche for Equity Group after having signed a $50m (Kshs 5.5bn) loan facility with IFC in September; a $100m (Kshs 11.0bn) from Proparco in October and a €125m (Kshs 16.5 Billion) loan facility signed last week with the European Investment Bank to fortify credit flows and liquidity to MSMEs totaling Kshs 44bn.
Supporting MSMEs is a long-term priority particularly as the segment remains under-financed and in need of patient capital. ....

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