JP Morgan Opens New Opportunities in Kenya with Central Bank's Licence
JP Morgan Chase has received an operating licence from the Central Bank of Kenya, allowing the establishment of a representative office in Nairobi. This move aims to explore and enhance business opportunities in Kenya and the wider East African region. By doing so, JP Morgan becomes the second US bank with such a presence in Kenya. CEO Jamie Dimon's planned visit to Africa further underscores the bank’s intent to grow its influence across the continent.
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