Equity Group Managing Director and CEO Dr. James Mwangi speaking during an investor briefing and release of Q3 2021 financial results. [Wilberforce Okwiri, Standard]
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Equity Group has injected an additional $100 million (Sh11.5 billion) into its Democratic Republic of Congo (DRC) subsidiary as it eyes to fund mining and manufacturing companies in the country.
The lender disclosed yesterday it has added the capital in EquityBCDC, coming on the back of 26 Kenyan companies committing trade investments worth $1.6 billion (Sh184.7 billion) in the DRC.
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