The collaboration aims to expand financial inclusion, strengthen digital payment ecosystems and support Africa’s digital transformation through stronger public-private partnerships while modernising African economies.
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In FY 2024, Equity Group Holdings Plc achieved a Profit After Tax (PAT) of Kshs 48.8 billion, demonstrating the continued success of the Group’s diversified business model and prudent risk management.
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The performance reflected strong momentum as net interest income grew by 21% to Kshs.104.2 billion up from Kshs.86 billion while non-funded income registered an impressive 30% growth to Kshs.75.9 billion up from Kshs 58.3 billion.
Gross trade finance revenue grew by
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The agreement underpins Equity Group’s strategic vision plan for social economic transformation in the 'Africa Recovery and Resilience Plan’ which puts a focus on value addition and mechanization of agriculture in the East and Central Africa market.
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Equity Group’s investment and capital allocation are also guided by the Company’s strong growth history and robust outlook.
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