Take risks and venture into other countries in the region to be able to expand your businesses.

This is the challenge Equity Bank Kenya Acting Managing Director Moses Nyabanda has thrown to businesspeople operating in the Small and Medium Enterprises (SME) space.

He used the example of Equity Group’s foray into other countries in the East African Community to encourage Kenyan SMEs to scale up their business outside the country.

Nyabanda was speaking during a one-day networking forum between the bank and more than 300 SME customers in Thika, Kiambu County.

“Equity has conducted 20 trade missions to the Democratic Republic of Congo, whose market is insatiable for most goods and services that you are involved,” said Nyabanda.

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He added: “You can change the narrative of our development by joining us to invest in the region to scale up your business.”

He asked Kenyan businesspeople to take advantage of Equity’s Africa Recovery and Resilience Plan to enable countries across Africa to overcome unemployment challenges.

“Our biggest pride as equity is solving Africa’s problems and we want you to be part of the journey of finding solutions for Africa by striving to grow,” he challenged.

On his part, Equity Bank Kenya Associate Director Public Sector and Institutional Banking, Mary Mugwanja, encouraged business customers to borrow to scale up their businesses.

“There is enough money. We have given you the information that will guide your decision making to scale up your businesses and even diversify,” stated Mary.