Business

Equity to host business leaders from DRC next year

Wednesday, December 22nd, 2021 02:00 | By
Polycarp Igathe. PHOTO/Courtesy
Polycarp Igathe. PHOTO/Polycarp Igathe/Facebook

Jacktone Lawi

Kenya will host the 2022 edition of the Kenya-Democratic Republic of Congo Trade Mission to attract investors from the Central Africa State who may be interested in setting up businesses locally.

This year’s edition in DRC attracted more than 300 Kenyan entrepreneurs who explored business opportunities between the two nations to spur growth in the two nations.

To reciprocate the visit of Kenyan entrepreneurs to the DRC, Equity said it is looking forward to hosting business leaders from DRC in Nairobi, Mombasa, Nakuru and Kisumu early next year. 

Business opportunities

“By partnering together, we are allowing businesses to be the driving force for continental change.

This is the first time that businessmen and women of our two great nations have come together to purposefully explore business opportunities,” said Equity Group Chief Commercial Officer, Polycarp Igathe.

DRCs Equity subsidiary EquityBCDC managing director, Celestin Mukeba said the 15-day trade mission was organised with the sole purpose of unlocking trade, tourism and investment opportunities in DRC.

The Equity Bank-sponsored trade mission unveiled a Sh500 billion kitty for small and medium-sized enterprises interested in regional investments as part of efforts to integrate the region through trade and investments.

The NSE-listed lender which held over Sh892 billion in assets as at December 2021, has mobilised close to Sh446 billion to fund businesses in  countries such as Kenya, Uganda, DRC, Tanzania, South Sudan and Rwanda, where it has set base.

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