{"id":278745,"date":"2019-06-12T10:17:00","date_gmt":"2019-06-12T14:17:00","guid":{"rendered":"https:\/\/news.google.com\/articles\/CAIiECQmiSWptaq7Hvtf7lfQjDQqGQgEKhAIACoHCAow4uzwCjCF3bsCMIrOrwM?oc=5"},"modified":"2026-09-28T11:31:44","modified_gmt":"2026-09-28T15:31:44","slug":"equity-group-said-it-would-open-a-representative-office-in-addis-ababa-as-banking-reforms-advanced","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/278745","title":{"rendered":"Equity Group said it would open a representative office in Addis Ababa as banking reforms advanced"},"content":{"rendered":"<p>In June 2019 Bloomberg and follow-on agency reports said Kenya\u2019s Equity Group Holdings planned a commercial representative office in Ethiopia as Addis Ababa opened more of its financial sector, and Equity later confirmed the Kazanchis office under Hassan Maalim with a target to be operational in July.<\/p>\n<img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"aligncenter size-large wp-image-468257\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=780%2C780&#038;ssl=1\" alt=\"Equity Group said it would open a representative office in Addis Ababa as banking reforms advanced\" \/>\n<p>Chief executive James Mwangi said entry into Ethiopia was part of a second expansion phase toward presence in ten African countries and would add a market of nearly 100 million people to a regional footprint that already included Kenya, Uganda, Tanzania, Rwanda, South Sudan, and the Democratic Republic of Congo.<\/p>\n<p>Kept as banking and investment archive, the Equity move dates Kenyan bank positioning inside Ethiopia\u2019s 2019 financial-sector opening.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-06-12\/kenya-s-biggest-bank-said-to-plan-ethiopia-hub-as-sector-opens\">Bloomberg<\/a>, <a href=\"http:\/\/www.xinhuanet.com\/english\/2019-06\/13\/c_138141048.htm\">Xinhua<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Kenya\u2019s Biggest Bank Said to Plan Ethiopia Hub as Sector Opens&nbsp;&nbsp;BloombergEquity Group Holdings Plc. plans to set up a representative office in Ethiopia as the East African nation opens up its financial sector, according to a person with &#8230;<\/p>\n","protected":false},"author":30,"featured_media":468257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-278745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=1280%2C640&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1avT","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/278745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=278745"}],"version-history":[{"count":4,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/278745\/revisions"}],"predecessor-version":[{"id":755140,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/278745\/revisions\/755140"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/468257"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=278745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=278745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=278745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}