Equity Group has received approval to open a new representative office in the United Arab Emirates (UAE). The move, still subject to final regulatory clearances, is aimed at boosting business, trade, and investment opportunities.
“This is a strategic step to strengthen our regional and global connections,” said Equity Group Chairman, Prof. Isaac Macharia. “With the continued support of our shareholders, we’re confident in creating long-term value and driving sustainable development across Africa.”
At its Annual General Meeting (AGM) held yesterday, shareholders also approved a Sh16 billion dividend payout, expected to be paid around June 30, 2025.
Additionally, the company welcomed new board members, including Farida Khambata, an expert in emerging markets, and Nick O’Donohoe, a leader in development finance.