Bamboo plans South Africa, Kenya expansion after securing Nigerian license

By David Whitehouse

Posted on Tuesday, 7 March 2023 09:10
An electronic board displays major indices at the Johannesburg Stock Exchange in Sandton, South Africa, November 5, 2020. Reuters

Nigerian online brokerage app Bamboo plans to expand to South Africa and Kenya to increase African participation in equity markets, CEO and co-founder Richmond Bassey tells The Africa Report.

The company is working on license applications for the two countries and aims to be live in the new markets by the end of the year. Bassey is open to establishing banking partnerships in both countries.