Equity Group shareholders have approved a record dividend payout of KSh21.7 billion (approximately $140 million USD), signaling strong financial performance. The decision was made at a recent shareholder meeting in Nairobi, Kenya. A significant portion of the Group’s profits, over 50%, now comes from operations outside of Kenya, demonstrating successful regional diversification. Looking ahead, Equity Group is focusing on expanding its financial services, specifically insurance, into the Democratic Republic of Congo (DRC). This move aims to capitalize on growth opportunities in the DRC market. The company’s leadership highlighted the increasing importance of international markets to its overall success and future strategy. This expansion represents a key element of Equity Group’s continued growth plan.
