Equator Capital Partners Invests US$5.9 Million in Jamii Bora Bank (Sub-Saharan Africa)
Source: Africa Capital Digest
Impact investment fund manager Equator Capital Partners has acquired a 15 percent stake in Kenya-based financial institution Jamii Bora Bank for US$5.9 million. Equator Capital Partners invested through ShoreCap II. Jamii Bora reportedly serves more than 400,000 customers through 26 branches located across Kenya.