FEATURED STORY

Equity Bank airlifts 73 scholars in 2017 as the programme’s value hits Sh10 billion

Share
Equity Group CEO James Mwangi poses for a group photo with management and staff at Equity Centre, Upper Hill, Nairobi.
Share

Equity Bank’s airlift programme to global universities has today hit 400 scholars who have so far benefitted from this initiative. The programme supports scholars to secure full scholarships from leading institutions globally.

The current total value of the scholarships to date stands at nearly Ksh10 billion. This caters for tuition, air tickets and related expenses while at the respective universities for the entire period of studies.

The Bank further extended a stipend of between Ksh100,000 and Kshs 200,000 to each of the 73 scholars leaving the country totaling to Ksh2.1 million for their travel and other essentials.

Speaking during the send-off ceremony, Equity Group CEO and Executive Chairman of Equity Group Foundation James Mwangi advised the scholars to focus on academic pursuit, leadership training, networking and global transformational exposure in order to excel in their respective academic areas.

“In each of us there is a seed of leadership and greatness that needs to be nurtured and that’s what the program seeks to achieve. You will be exposed to numerous opportunities to build global networks and experiences.  These experiences will shape your mindset and set you on a path to influence your community and society contributing to the socio-economic transformation of our country. The ELP programme is in line with Kenya’s Vision 2030 of transforming Kenya into a globally competitive middle income economy,” Mwangi said.

The Equity Leaders Programme (ELP) starts as a transition pre-university programme from the successful Wings to Fly Secondary School Scholarship Programme for bright gifted but financially challenged children executed by Equity Group in partnership with The MasterCard Foundation with support of USAID, UKAID and KfW. The Bank also selects the top performing students in all the counties who are also absorbed into ELP. To date, 5,060 scholars have been enrolled into ELP with 2,343 drawn from the Wings to Fly Program.

Some of the top universities the 73 scholars will be joining this year include Princeton, Yale, Amherst, Duke, University of Pennsylvania, Columbia University, University of Toronto, Michigan State University, University of Edinburg, Carnegie Mellon University, among others.

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
2024 SkyTeam Aviation Challenge
FEATURED STORY

Kenya Airways Shortlisted for 2024 SkyTeam Aviation Challenge

Kenya Airways (KQ) is the only African airline that has been shortlisted...

Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...

Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa
FEATURED STORY

How Working With ‘Glocal’ Original Equipment Manufacturers Can Empower East Africa’s Channel Partners For Success

Channel partners in East Africa, including resellers, distributors, system integrators and panel...

Treasury CS John Mbadi
FEATURED STORY

Understanding Tax Amendment Bills: How The New Laws Will Affect Kenyans

The government has announced several amendments to the existing tax laws to...