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Equity bank unveils $ 6bn Africa Recovery Plan

Equity bank unveils $ 6bn Africa Recovery Plan

Equity Bank Uganda Limited has unveiled the $ 6 billion (Shs 24trillion Uganda) Africa Recovery and Resilience Plan to help businesses hit hard by Covid-19 recover.

Speaking at a breakfast meeting dialogue last week, Dr. James Mwangi the Equity holding Group CEO said the fund will not only support businesses to flourish but also spur economic recovery.

According to Dr. Mwangi, the project will be implemented through six strategic pillars of Food and Agriculture, Trade and Investment, MSMEs, Technology, Manufacturing and Logistics and Social and Environmental transformation all envisaged to reach millions of customers while creating over 25 million direct jobs.

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