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Originally published by Capital Business
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business
March 30, 2026
4h ago

Equity Group plans Mozambique’s entry, James Mwangi

Equity Group plans Mozambique’s entry, James Mwangi

Speaking during the 19th Ambassadors and High Commissioners Conference held in Nairobi, Mwangi credited William Ruto for facilitating an introduction to Mozambique’s President Daniel Chapo during his recent visit to Kenya. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Equity Group Holdings is planning to enter the Mozambique market, according to CEO and Managing Director James Mwangi.

  • Equity Group has secured an appointment with Mozambique's President Daniel Chapo for the week of April 27, 2026.
  • The expansion into Mozambique would make it the sixth subsidiary for Equity Group outside Kenya.
  • This move follows a significant 55 percent increase in Equity Group's profit after tax to Sh75.5 billion in 2025, driven by regional operations.

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