Equity Group Holdings (EGH) has signed a USD $100 million (UGX364 Billion) loan facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises (SMEs as it grows. In addition to operating in 7 African countries – Kenya, Rwanda, Uganda, South Sudan, Tanzania, the Democratic Republic of the Congo and Ethiopia – the Group has recently expanded its operations in the DRC by merging its existing operations of Equity Bank Congo with its acquisition of BCDC to form EquityBCDC, now the second largest financial services company in the country. At the signing,…
Equity Group Holdings Plans Trans-Africa Expansion with US$100m Loan from African Development Bank

Equity Group managing director and CEO Dr James Mwangi. he says that Covid-19 acted as a tailwind to their efforts of digitising the business.




