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Finance
JPMorgan Chase Establishes Kenya Office Following Regulatory Approval
- Cedric Malan
- Oct 15, 2024
JPMorgan Chase has received approval to establish a representative office in Kenya, marking the end of a 12-year regulatory delay. This move signals the bank's intention to expand its operations within Africa. The CEO of JPMorgan, Jamie Dimon, is expected to visit Kenya as part of a wider tour across four African nations, aiming to strengthen the bank's foothold on the continent. This development highlights Kenya's status as a critical financial services hub.