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KCB Group to boost investments in South Sudan

KCB Group will boost its investments in South Sudan, a senior company executive said on Thursday, adding that the lender also aims to nearly double its individual customers by the end of next year.

The bank, which also operates in Uganda, Tanzania, Rwanda, Burundi and South Sudan, shut 12 of its 23 branches in 2016 and 2017 as a devastating civil war ruined the economy and caused hyperinflation in the oil-producing nation.

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