Kenyan Wall Street | by Eunniah Mbabazi
The African Development Bank (AfDB) has loaned KSh11 billion to Equity Group Holdings (EGH) to expand East and Central Africa. The loan further seeks to boost EGH’s ability to serve small and medium enterprises (SMEs) in the region.
The loan, a tier two facility with a seven-year maturity, is aimed at promoting Equity Group’s ability to offer tailored products to MSMEs, strengthen its balance sheet as well as optimise its capital structure across the continent…
