Greetings, Agents of Impact! Featured: ImpactAlpha Original New crowdfunding rules set to boost investment in diverse startups and founders. The SPAC craze is one reaction to the costly and fraught process of taking a company public (see Dealflow, below) . A less flashy capital-raising innovation is quietly gaining traction: investment crowdfunding. New U.S. Securities and […]
Tag: equity group holdings
The Week in Impact Investing: The crowd
TGIF, Agents of Impact! Madness and wisdom. Non-fungible tokens, or NFTs, broke into the public consciousness last week when a digital version of the artist Beeple’s Everydays – The First 5,000 Days fetched $69.3 million in a Christie’s auction. The frenzy around blockchain-enabled tokens for just about anything calls for the requisite reference to Charles […]
Equity inks Sh11b loan for lending to SMEs
Equity Group MD and CEO Dr. James Mwangi Equity Group Holdings has signed a Sh11 billion loan facility to support micro small and medium enterprises (MSMEs) during the coronavirus pandemic. The deal was signed with Team Europe, Germany’s DEG, the Netherlands FMO and the UK’s CDC Group in Nairobi yesterday. The lender has committed to […]
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 […]
Equity inks Sh11b loan for lending to SMEs
Equity Group MD and CEO Dr. James Mwangi Equity Group Holdings has signed a Sh11 billion loan facility to support micro small and medium enterprises (MSMEs) during the coronavirus pandemic. The deal was signed with Team Europe, Germany’s DEG, the Netherlands FMO and the UK’s CDC Group in Nairobi yesterday. The lender has committed to […]
Equity Group Holdings signs $100m credit facility with leading European development banks to boost MSMEs
Equity Group Holdings Plc. has today signed a $100 million USD loan facility with Germany’s DEG, the UK’s CDC Group, and the Netherlands FMO in its continued commitment to walk with MSMEs to survive the pandemic, recover, repurpose and thrive during and after the COVID-19 crisis. In response to the COVID-19 crisis, Equity launched an […]
REFILE-UPDATE 1-Kenya’s Equity Group Holdings launches $684 mln loan facility for SMEs
(Fixes typo in SMEs) NAIROBI, March 3 (Reuters) – Kenya’s Equity Group Holdings said on Wednesday it had launched a lending facility worth 75 billion Kenyan shillings ($685 million) to help small and medium-sized enterprises (SMEs) recover from the economic impact of the COVID-19 pandemic. “For the SMEs that have been out of business for […]
Equity Creates A Regional Office for Central and Southern Africa Region
NAIROBI, Kenya, Feb 16 -Equity Group Holdings has announced the appointment of Yves Cuypers as the first Equity Group Holdings Plc., Regional Director in charge of the Central and Southern Africa Region. Yves is the immediate former Managing Director of Banque Commerciale du Congo (BCDC) which has since merged with Equity Bank Congo (EBC) to […]
Equity Banque Commerciale du Congo S.A. — Moody’s affirms the long-term deposit ratings of two banks based in Democratic Republic of Congo
Rating Action: Moody’s affirms the long-term deposit ratings of two banks based in Democratic Republic of CongoGlobal Credit Research – 04 Mar 2021Outlook changed to positive from stable on the long-term bank deposit ratings of Rawbank, and the long-term local currency bank deposit rating of Equity BCDCLondon, 04 March 2021 — Moody’s Investors Service ("Moody’s") […]
Equity Bank secures Kshs. 16.5B from EIB to boost MSME lending
European Union Ambassador to Kenya, H.E Simon Mordue (left) exchanges the signed partnership agreement with Equity Group MD & CEO, Dr. James Mwangi (right). PHOTO | Courtesy Equity Group Holdings has secured Kshs. 16.5 billion loan from the European Investment Bank (EIB) and European Union (EU) to provide liquidity to Micro, Small and Medium Enterprises […]