Equity Group has revealed that 199 scholars have joined Ivy League universities through its Equity Leaders Program (ELP).
The figures were highlighted in Equity Group’s third annual sustainability report for the year 2023, themed “A sustainable world is a transformed Africa” which was unveiled on September 3.
While highlighting its contributions on Education and Leadership Development, the group said that the 199 are among a total of 891 scholars who have attended global universities under its programs.
“Equity Group Foundation (EGF) seeks to break the cycle of poverty and develop the next generation of leaders through increased access to secondary and tertiary education,” read part of the statement.
At the same time, Equity Group highlighted that the Wings to Fly and Elimu scholarship programs have seen 60,009 brilliant scholars receive comprehensive high school scholarships, while the ELP has supported 23,825 University scholars and alumni of the program.
The Group also highlighted its sustainability report on health, noting that EGF in its flagship Health program has increased access to comprehensive health financing and private sector-led, affordable, high-quality, and standardized health services.
Equity Group Unveils 2023 Sustainability Report
At the end of 2023, Equity Afya had launched a total of 98outpatient medical centers in Kenya and so far, it has been able to manage over 2.1m patient visits.
“Equity Afya continues in its expansion strategy, with ongoing rollout in DRC, and continues to avail quality, affordable health services across the franchise network,” the bank stated.
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On Food and Agriculture, the group reported that EGF helps create jobs, improve market access, and expand agricultural production by working in partnership with small and medium-sized farmers to increase their production capabilities, business acumen, and access to technology and financial services.
Equity further said that in the agriculture sector, EGF under its Food and Agriculture pillar has impacted over 3.8 million small scale farmers and supported over 292,362 MSMEs in the agriculture sector.
According to the group, EGF has delivered these efforts through technology, training of over 186,077 farmers and over 18,030 Micro-Small and Medium Agriculture Enterprises, access to markets and access to finance.
Enterprise Development and Financial inclusion was also highlighted in the report, with the group saying that the EGF stimulates job creation and economic growth by providing Micro, Small and Medium Enterprises [MSMEs] with advice, mentorship, and entrepreneurship training.
“In 2023, Equity Group Foundation trained over 2.4 million youth and women in Financial Education; 517,2467 MSMEs trained in entrepreneurship with over Kshs. 275.3B disbursed to trained youth, women and MSMEs,” read part of the report.
Other highlights
Also highlighted in the comprehensive sustainability report were Energy, Climate Change and Environment, Financial Inclusion, and Social Protection among others.
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The comprehensive report encompasses the entirety of Equity Group, comprising Equity Group Holdings Plc, alongside its esteemed banking subsidiaries in Kenya, the Democratic Republic of the Congo (DRC), Uganda, Rwanda, South Sudan, and Tanzania.
Additionally, it includes the Representative Office in Ethiopia, the Equity Group Foundation (EGF), and the subsidiaries Equity Investment Bank, Equity Bancassurance Intermediary Limited, Finserve Africa Limited, Finserve Africa Trustees Limited, Equity Life Assurance (Kenya) Limited, and Equity Group Insurance Holdings Limited.
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