Equity Group seeks expansion in Angola Zambia and Mozambique

The Kenyan lender plans to enter new markets to tap into mineral wealth and infrastructure projects. CEO James Mwangi says the move follows regional trade routes.

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Kenya’s Equity Group is targeting acquisitions in Angola, Zambia, and Mozambique to capture regional trade growth. The lender, Kenya’s most profitable, previously expanded into the Democratic Republic of the Congo to become its second-largest bank. Investors can track the group's push into mineral-rich corridors backed by the United States to gauge regional banking dominance.

Following the Lobito Trade Corridor

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