Tag: Equity Group

Equity Bank Kenya HQ
Hot NewsBusiness

South African, Nigerian banks rush to Kenya but face fierce pushback from local giants

South African and Nigerian banks face a tough battle as they deploy major capital to break into Kenya’s $2 billion banking sector.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Equity Group shareholders approve insurance expansion, $167 million dividend payout

Equity Group shareholders approve Kenya, DRC insurance expansion and KSh 21.7 billion dividend payout for FY2025.

Feyisayo Ajayi Feyisayo Ajayi
Kenyan banker James Mwangi
BusinessBillionairesHot News

Kenyan banking chief James Mwangi gains $12.1 million from Equity Group rally

James Mwangi’s Equity Group stake rises $12.1 million as shares climb 18.3 percent on Nairobi Securities Exchange amid strong earnings growth.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

Equity Group seeks approval for $26.8 million insurance expansion 

Equity Group seeks approval for a $26.8 million insurance expansion covering Kenya and DRC, adding new microinsurance and life units.

Timilehin Adejumobi Timilehin Adejumobi
Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Equity Group’s Q1 2026 profit jumps 24 percent to $150 million on regional growth

Equity Group Q1 2026 profit rises 24 percent to $150 million on strong regional banking and digital income growth across East Africa.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

After $555 million profit, Equity targets Angola, Zambia, Mozambique acquisitions

After over $555 million profit in 2025, Equity Group eyes Angola, Zambia and Mozambique acquisitions as regional expansion accelerates.

Omokolade Ajayi Omokolade Ajayi
equity-group-center-building-nairobi-kenya
BusinessHot News

Equity Group boosts Tanzanian subsidiary with $19.8 million capital injection

Equity Group commits $19.8 million to its Tanzanian subsidiary, strengthening its balance sheet and expanding lending capacity

Timilehin Adejumobi Timilehin Adejumobi
Kenyan banker James Mwangi
Hot NewsBusiness

Kenyan banker James Mwangi to earn $5.7 million dividend from Equity Group

Kenyan banker James Mwangi will receive a $5.7 million dividend as Equity Group reports rising profits and regional growth.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Equity Group emerges Kenya’s most valuable brand in global ranking

Equity Group tops Kenya’s most valuable brands as profit rises 54.6 percent and regional growth drives earnings diversification.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Kenya’s Equity Group enters pharmacy business to reduce treatment costs

Equity Group enters pharmacy business through Equity Afia, aiming to cut treatment costs and expand healthcare services across East and Central Africa.

Omokolade Ajayi Omokolade Ajayi
Equity Group
BusinessHot News

Kenya’s Equity Group commits $200 million to climate finance, accelerating Africa’s green transition

Equity Group commits $200 million to climate finance, leading Africa’s green transition and boosting sustainable growth across six regional markets.

Feyisayo Ajayi Feyisayo Ajayi
Equity Center, Nairobi, Kenya.
BusinessExclusiveHot News

Equity Group, valued at $1.4 billion, is the leading lender in East, Central Africa

This reflects Equity Group’s effective regional diversification strategy, with nearly 50 percent of earnings now derived from operations outside Kenya.

Omokolade Ajayi Omokolade Ajayi