Kenyan banker James Mwangi eyes bank acquisitions along the Lobito Corridor for Equity Group

Billionaires Africa | 19.05.2026 18:18
James Mwangi has a clear picture of where Equity Group is going next, and it is not where most people expected. The Kenyan bank's chief executive told Reuters this week that Equity is targeting acquisitions in Angola, Zambia and Mozambique, three countries that have barely featured in discussions of the bank's expansion since it entered the Democratic Republic of Congo in 2015 and 2020.