- Equity Group plans to open a UAE office to strengthen investment links between Africa and the Middle East.
- The bank is finalizing regulatory approvals and follows other African lenders expanding into Gulf markets.
- CEO James Mwangi highlights opportunities in Middle Eastern capital flows and logistics links with India and China.
- Gulf nations are actively increasing African investments, especially in energy sectors.
- Africa-UAE bilateral trade jumped 38% in two years, reaching \$86 billion by 2023.
