JPMorgan Says Kenya May Be Part of Future Africa Expansion

JPMorgan Chase & Co. (JPM:US), which has more than 150 staff in South Africa, said it’s interested in establishing an office in Kenya “in time” as part of plans to expand on the continent.

“We would want a representative office in East Africa but it depends on the regulatory environment,” Marc Hussey, joint senior country officer for sub-Saharan Africa, said in an interview in Johannesburg on Nov. 20. “There are interesting pockets of opportunity, such as Nigeria, Ghana and Kenya.”

Read more: JPMorgan Says Kenya May Be Part of Future Africa Expansion – Businessweek.

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