Equity eyes small firms with PE, venture capital fund plan

budget, treasury, public borrowing


Business Daily | by Charles Mwaniki


Equity Group’s investment banking arm is planning to set up venture capital and private equity funds to drive investment in ICT and small enterprises in Kenya and the region.

The group’s chief executive officer James Mwangi said the move was informed by the company’s realisation that there is still high unmet demand for financing innovation in developing countries such as Kenya.

He made this disclosure in an article he wrote for the Global Innovation Index 2020, which is co-published by the World Intellectual Property Organisation (WIPO)…

Read more…

budget, treasury, public borrowing


LEAVE A REPLY

Please enter your comment!
Please enter your name here