Equity Group strengthens its partnership with Proparco to support an increased number of MSMEs in Kenya

As part of the visit to Kenya of the French Minister Delegate for Foreign Trade and Economic Attractiveness, Franck Riester, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totalling €39 million (5 billion KES) to help the Kenyan bank further support job creating MSMEs. Proparco also granted a €550,000 technical assistance facility to support Equity Group Foundation’s health projects.

The EURIZ guarantee and the technical assistance grant benefited from support from the European Union and the Organization of African, Caribbean and Pacific States.

Read more: The New Times