The United Nations system in Uganda and Equity Bank Uganda have established new partnerships for the 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 Uganda. Additionally, the […]
Tag: XNAI_EQTY
Newly signed Equity SME guarantees to benefit more women owned SMEs
A bulk 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. This is according to Equity Group Holdings Managing Director and CEO Dr James Mwangi. Dr. Mwangi was speaking during the recently signed Kshs 8.25 billion agreement […]
Equity Bank’s Newly Signed SME Guarantee Eyes Women-Led Entreprises
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 […]
FEATURED: Equity bolsters its support to small and medium-sized enterprises in Kenya, Uganda, Rwanda & DRC
• The USD 75 Million (Kshs 8.25 Billion) Guarantee Fund derisks women-owned and managed MSMEs access credit at affordable interest rates so as to recover and thrive in a Post COVID-19 Environment • The facility extends support to Equity Bank Kenya and three of the Group’s subsidiary operationsRwanda, Uganda and DRC • The Kshs 8.25 […]
Nairobi Securities Exchange outperforms its peer African bourses
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 […]
FEATURED: Equity bolsters its support to small and medium-sized enterprises in Kenya, Uganda, Rwanda & DRC
• The USD 75 Million (Kshs 8.25 Billion) Guarantee Fund derisks women-owned and managed MSMEs access credit at affordable interest rates so as to recover and thrive in a Post COVID-19 Environment • The facility extends support to Equity Bank Kenya and three of the Group’s subsidiary operationsRwanda, Uganda and DRC • The Kshs 8.25 […]
IWD 2021: Equity Bank Rwanda celebrates female employees, clients
Equity Bank Rwanda on Monday, March 8, joined the world to celebrate the annual International Women’s Day. Globally, the day was fêted under the theme; “Women in leadership: Achieving an equal future in a Covid-19 world,” while in Rwanda, the theme was “Women, be at the forefront in the Covid-19 World.” The bank among others […]
Equity Bank Borrows Kshs 11 Billion To Support SMEs
Equity Group has signed a US $100 million (Kshs 11 Billion) loan facility with Team Europe, Germany’s DEG, the Netherlands FMO, and the UK’s CDC Group to support SMEs within the country. The Group committed to loan repayment accommodation for up to 45 percent of the customers whose cashflows and operation cycle were deemed likely […]
Kenya’s KCB not scared of Big Tech, partners with Huawei
Joshua Oigara, the Group Chief Executive Officer of the Kenya Commercial Bank Group speaks during a Reuters interview in Nairobi, Kenya July 11, 2018. REUTERS/Jackson Njehia Covid-19 has hit African economies hard, and Kenya is no exception. Longstanding businesses in tourism, agriculture, logistics… everything came shuddering to a halt. “We prepare, as a bank, for […]
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 […]