Equity Group on Monday launched a five-day roadshow for its investors and partners in Kenya and the Democratic Republic of Congo (DRC) to highlight trade and investment opportunities in the two countries.
The Kenya-DRC Investment Roadshow, which commenced in Nairobi, will end on July 22, allowing investors to expand their networks in the two markets.
Equity Group Managing Director and CEO James Mwangi said that through the lender’s Africa Recovery and Resilience Plan and the $7 billion (KSh990 billion) fund, the Group had demonstrated its commitment to championing sustainable investments that foster economic growth and wealth creation across various sectors in the region.
The five-day investors’ Kenya-DRC Investment Roadshow will take place in Nairobi, Kinshasa, and Lubumbashi.
As part of the Africa Recovery and Resilience Plan, Equity Group’s regional banking subsidiaries in six countries have implemented various initiatives to accelerate the sustainable building back better of the African continent following the challenges posed by the Covid-19 pandemic and the current global economic crisis.
Central Bank of Kenya Governor Kamau Thugge spoke at the event, assuring investors of the stability of Kenya’s economy.
He said that despite global shocks from the Covid-19 pandemic and the Russia–Ukraine conflict, Kenya’s economy has exhibited resilience and is one of the fastest-growing economies in the region.
Going forward, we expect the economy to grow quite robustly, by at least 5.5% in 2023, driven by a recovery in Agriculture which started showing signs of recovery in the first quarter – Dr Kamau Thugge, @CBKKenya Governor@IndustryKE @Investment_Ke @Trade_Kenya#KenyaDRCRoadShow pic.twitter.com/TeRFg6n9kQ
— Equity Bank Kenya (@KeEquityBank) July 17, 2023
Karen Kandie, director of Parastatals Reforms at the Ministry of National Treasury and Planning, said that Equity Group’s successful entry into the DRC has paved the way for fearless market exploration.