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Equity Bank Awards Scholarships to 82 Kenyans to Top Universities and Ksh200 K Token

ELP is an initiative of the Equity Group Foundation established in 1998.

Jason NdunyubyJason Ndunyu
August 8, 2024
Reading Time: 4 mins read
Elp: Equity Awards 113 Scholars To Join Global Universities

Evelyn-Wahu_-an-Equity-Leaders-Program-_ELP_-Scholar-joining-Havard-University-to-study.PHOTO/Equity Bank

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82 Kenyan scholars under the Equity Leadership Program (ELP) have secured admission and scholarships to join top global universities.

The 82 scholars are among a total number of 113 scholars drawn from the ELP in four countries who are set to join 71 global universities located in 22 countries in different continents across the globe including North America, South America, Europe, Asia, and Africa.

Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi commissioned the airlift of 113 scholars drawn from the ELP in four countries.

In the 2023/2024 application cycle, a total of 113 ELP scholars from Kenya (82), Uganda (8), Rwanda (21), and the DRC (2) secured admission to different programmes in global universities.

The value of their full scholarships amounts to Ksh.2.8 billion (USD 21,497,646) for the 4-year duration of their studies.

In addition, each scholar will receive an airlift token of Ksh200,000 to support their transition into the global universities.

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Elp: Equity Awards 113 Scholars To Join Global Universities
The Equity Group leadership led by Equity Group Foundation Executive Chairman, Dr. James Mwangi (centre) together with the Equity Leaders Program (ELP) scholars who will be joining 71 global universities in 22 Counties. PHOTO/Equity Bank

This commissioning came after the scholars, who were also onboarded into Equity Bank’s paid-internship program, benefited from a comprehensive two-month College Counselling program.

Preparations for ELP Scholars Before Joining Top Universities

Scholars received expert guidance on essay writing, university selection, and exam preparation during the program which is under Equity Group Foundation’s Education and Leadership Development pillar.

Additionally, a week-long bootcamp equipped them with the necessary skills to navigate the transition to university life and thrive as global scholars.


Also Read: Equity Bank’s James Mwangi Signs Landmark Deal with WFP in Italy to Empower Farmers


Speaking at a dedication and flag- off ceremony to celebrate the scholars before they travel outside the country for their studies, Dr. Mwangi challenged the students to be agents of change, leveraging the knowledge, values and skills they will acquire to address Africa’s development challenges.

“As you embark on this journey, remember to stay adaptable and embrace every challenge with integrity. Embrace the journey ahead and be open to different cultures and perspectives, and let your unique qualities shine,” he said.

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“Build strong networks and innovate to create lasting solutions for your community and invest in your ability to overcome challenges and find new approaches as this will be your greatest asset.”

Equity Group Foundation’s Prestigious Program

With this year’s admissions, a total of 970 students have successfully secured admission to prestigious universities on fully funded scholarships.


Also Read: Nation Media Group Appoints Ex-RMS Manager, Announces More Changes


This year’s intake includes 13 students who will be joining Ivy League Universities including: Brown University (1), Columbia University (1), Harvard University (4), Princeton University (2), Cornell (1), and the University of Pennsylvania (4).

ELP is an initiative of the Equity Group Foundation, established in 1998 to cultivate a new generation of future leaders. Notably, the first ELP scholar is today the Equity Group Chief Operating Officer.

This rigorous program is designed to equip young minds with the leadership skills, knowledge, and networks essential to drive sustainable economic growth and social progress across the continent.

Through a holistic approach that encompasses academic excellence, character development, and practical experience, ELP aims to foster a community of interconnected leaders poised to tackle Africa’s most pressing challenges.

By identifying and nurturing top-performing students nationally from within Equity Group’s subsidiaries, ELP has become a catalyst for transformative change.

Follow our WhatsApp Channel for real-time news updates!

https://whatsapp.com/channel/0029VaB3k54HltYFiQ1f2i2C

Elp: Equity Awards 113 Scholars To Join Global Universities
Garang Makech Kuol-an Equity Leaders Program-ELP-Scholar joining Bowdoin College-USA. PHOTO/Equity Bank
Tags: ELPELP ScholarsEquity GroupEquity Group FoundationEquity Leadership Program
Jason Ndunyu

Jason Ndunyu

Jason Ndunyu is an International News Correspondent for The Kenya Times, holding a Mass Communications degree from Maseno University. He combines a keen eye for detail with rigorous research and factchecking, producing content that is both accurate and compelling. Jason covers a wide range of topics, with a particular passion for the fast-paced and ever-evolving world of Sports, where he explores stories that inform, entertain, and engage audiences across digital platforms. You can reach him at [email protected]

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