Equity Bank #ticker:EQTY has signed loan deals worth Sh62.8 billion over the last six months as the lender builds up liquidity to expand lending to small businesses. The bank signed the sixth facility, a $100 million (Sh10.9 billion) loan deal with the Africa Development Bank (AfDB), the latest in a series of long-term credit to […]
A bulk of the recently signed SME guarantees by Equity Bank totalling KES. 52.25 Billion will go towards supporting women-owned and led MSMES across Kenya, Uganda, Rwanda, and DRC, Equity Group Holdings Managing Director and CEO Dr James Mwangi has said. Speaking during the recently signed KES. 8.25 billion agreement with the African Guarantee Fund, […]
NAIROBI, March 3 (Xinhua) — The European Union (EU) and the European Investment Bank (EIB) under Team Europe, are providing 15.8 billion shillings (about 145 million U.S. dollars) to Kenya’s regional Equity Bank to enhance financing to companies most impacted by the COVID-19 crisis, EU officials said on Wednesday. Thomas Ostros, vice president of the […]
The European Union and the European Investment Bank, working together as Team Europe, are providing €120 million (KES 15.8 billion) of new support for Equity Bank to enhance financing to Kenyan companies most impacted by the COVID-19 crisis. The financing package will support access to finance at appropriate conditions for Kenyan SMEs, including in the […]
A substantial share of the recently signed SME guarantees by Equity Bank totaling Kshs 52.25 Billion will go towards supporting women-owned and led MSMES across Kenya, Uganda, Rwanda, and DRC, Equity Group Holdings Managing Director and CEO Dr James Mwangi has said. Speaking during the recently signed Kshs 8.25 billion agreement with the African Guarantee […]
Kampala, 18 March 2021, The United Nations system in Uganda and Equity Bank Uganda have established new partnerships for acceleration of the attainment of the Sustainable Development Goals (SDGs) in the country. The new partnership will promote social inclusion and improve economic outcomes for human development as well as contribute to the social-economic transformation of […]
Fishing boats at Kaiso Tonya landing site in Buseruka. Commercially viable oil deposits were discovered in Lake Albert, 40km west of Hoima town in 2006. PHOTO | MORGAN MBABAZI | THE EASATFRICAN When Uganda created 10 new cities in July 2020, Hoima rose from a municipality to assume the moniker Oil City. This had been […]
A Safaricom shop in Nairobi. FILE PHOTO | NATION MEDIA GROUP Kenya’s mobile phone operator Safaricom has topped the list of Africa’s most valuable brands by market capitalisation, with shareholder wealth peaking at a record high of $14.14 billion in February 2021. According to a new monthly survey by analysts at AfricanFinancials Group, Safaricom, which […]
The Nairobi Securities Exchange (NSE) is outperforming peer bourses in Africa this year, boosted by higher share prices among selected blue chip firms. The NSE All Share Index has a year-to-date gain of 6.6 per cent, putting it ahead of fellow exchanges in Egypt, Nigeria, Morocco, Tunisia, which together with the NSE are considered to […]
The Nairobi Securities Exchange(NSE) is outperforming peer bourses in Africa this year, boosted by higher share prices among selected blue chip firms. The NSE All Share Index has a year-to-date gain of 6.6 per cent, putting it ahead of fellow exchanges in Egypt , Nigeria , Morocco , Tunisia , which together with the NSE […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.