JP Morgan expands African footprint with new regional office in Nairobi, Kenya

JP Morgan opens a regional office in Nairobi, Kenya, as part of its African expansion plans. The bank will oversee its East African businesses and operations from the new office, and aims to target large multinationals not well-served by local investment banking firms.

JP Morgan’s entry into East Africa is expected to create job opportunities, help build sustainable local businesses, and attract more foreign investment to the region.

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