Equity Group, East and Central Africa's leading financial services group led by Kenyan banker James Mwangi, has unveiled a Ksh2.8 billion ($21.7 million) scholarship initiative aimed at funding the education of 113 students at top global universities.
The program, part of the bank's Equity Leadership Program (ELP), will place scholars at 71 institutions across 22 countries, including Harvard University, Amherst College, and the University of Debrecen. Since its inception in 1998, the ELP has supported 23,825 university students. Each undergraduate will receive Ksh200,000 ($1,500) for relocation.
James Mwangi calls for innovation and networkingJames Mwangi, CEO of Equity Group, urged the scholars to "build strong networks and innovate to create lasting solutions for your community," highlighting that resilience and ingenuity will be crucial in their academic and professional journeys.
Mwangi also stressed the importance of leveraging networks and contributing ideas to unlock Africa's economic potential. "By establishing your networks and offering solutions to enhance Africa's economic landscape, you can drive trade, expand markets, and accelerate technology adoption to realize our continent's potential," he stated.
