113 SCHOLARS UNDER THE EQUITY LEADERS PROGRAM JOIN TOP UNIVERSITIESÂ

  • In the 2023/2024 application cycle, a total of 113 ELP scholars, from Kenya (82), Uganda (8), Rwanda (21), DRC (2) received admission for studies in global universitiesÂ
  • The value of their full scholarships amounts to Ksh.2,797,026,475 (USD 21,497,646) for the 4-year duration of their studies.Â
  • The scholars have received admission to 71 Universitiesin 22countries andfrom5 different continents: North America, South America, Europe, Asia, and Africa.
  • To date, under the ELP program,970 scholarshave received admissions and scholarships to global universities.

NAIROBI, 8th August 2024:113 Equity Leadership Program scholars have secured admission and scholarships to join 71 global universities located in 22 countries around the world. 

Equity Group Foundation (EGF) Executive Chairman Dr. James Mwangi commissioned the airlift of the 113 scholars drawn from the Equity Leaders Program in four countries – Kenya (82), Rwanda (21), Uganda (8) and the Democratic Republic of Congo (DRC) (2).

The scholars have secured scholarships valued at Ksh.2,797,026,475 (USD 21,497,646) for the 4-year duration of their undergraduate studies, and each scholar will receive an airlift token of Kshs. 200,000 to support their transition into the global universities.

Under EGF’s Education and Leadership Development pillar, the scholars who were also onboarded into Equity Bank’s paid-internship program, benefited from a comprehensive two-month College Counselling program where scholars received expert guidance on essay writing, university selection, and exam preparation. Additionally, a week-long bootcamp equipped them with the necessary skills to navigate the transition to university life and thrive as global scholars.

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. 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,” he said.

The scholars will be joining universities in different continents across the globe including North America, South America, Europe, Asia, and Africa.

Dr. Mwangi emphasized the role of the scholars in driving Africa’s socio-economic growth, particularly within the framework of the Africa Recovery and Resilience Plan (ARRP) a multi-pronged, private sector driven and holistic solution to achieve social and economic transformation of Africa championed by the Equity Group. “By establishing your networks and contributing ideas and solutions on how to bolster Africa’s economic potential, you can grow trade and investment on the continent, you can expand markets and accelerate technology adoption to elevate our potential,” he said. “Your contributions will be instrumental in creating a more prosperous future for our continent.”

Giving further advice to the scholars, Dr. Mwangi remarked that the most effective way of giving back is through mentorship. ‘As you step into the world, understand that your true wealth lies in the positive impact you create. Your journey is not just about personal success; it’s about illuminating the paths for others. Build strong connections, share your knowledge, and give back to your community, letting your experiences abroad broaden their horizons and also inspire those behind you to create lasting change. Remember, you carry the hopes and dreams of your family and country.”

Speaking during the Airlift Ceremony, Garang Makech Kuol an ELP Scholar joining Bowdoin University, USA, to study Computer Science noted, “The support network I found within Equity during my ELP journey has been instrumental to my success. There were times when doubt crept in, but the unwavering belief of the people around me pushed me forward. The Equity team’s encouragement was like a steady hand guiding me through challenging moments and its incredible to think about how my life has transformed from the adversity of a refugee camp to securing my place at a world-class university. This journey would not have been possible without the support system that Equity has provided.” Garang grew up at the Kakuma Refugee Camp, he later joined Baringo Boys High School where he scored an A of 82 points. 

Evelyn Wahu Gathara an ELP Scholar, joining Harvard University, USA, to study Computer Science said, “In 2018, I sat for my KCPE, emerging as the top girl in my sub-county, and joined Alliance Girls High School. During the COVID-19 pandemic, I wondered why Pfizer, Johnson & Johnson, and AstraZeneca weren’t producing vaccines faster. That’s when my dream was born: “I have to work at Pfizer.” I also asked, “Why can’t we develop vaccines in Kenya?” I knew I had to make a change. At KCSE, I scored 84 and joined the Equity Leaders Program, interning at Equity Bank Kenyatta University Branch. My advice to fellow scholars: let’s use our brains to help our communities. This opportunity should inspire us to do more for our country and people.” Evelyn emerged as the best Girl in the Country in the 2022 K.C.S.E exams.

With this year’s admissions, a total of 970 students have successfully received admission to prestigious universities on fully funded scholarships. This 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), University of Pennsylvania (4).

The Equity Leadership Program (ELP) is an initiative of the Equity Group Foundation, established in 1998 to cultivate a new generation of future leaders. The first ELP scholar is today the Equity Group Chief Operating Officer. By identifying and nurturing top-performing students nationally from within Equity Group’s subsidiaries, ELP has become a catalyst for transformative change.

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.

Ends…

2023/2024 GLOBAL SCHOLARS’ ADMISSION SUMMARY

ContinentCountry and InstitutionFemaleMaleGrand Total
Africa (16)Ghana213
Ashesi University112
Kwame Nkrumah University of Science & Technology (KNUST)11
Kenya235
USIU – Africa235
Rwanda178
Adventists University of Central Africa (AUCA)22
Africa Leadership University (ALU)123
Rwanda Institute for Conservation Agriculture (Rica)22
University of Global Health Equity-UGHE11
Asia (27)China538
Alibaba Business School11
China University of Petroleum22
Duke Kunshan University11
Edinburg University11
Edinburg University, Hainan Norma University11
New York University, Shanghai22
Hong Kong11
Hong Kong University11
India123
Delhi Technological University11
Delhi University11
Gujarat University11
Japan11
University of Hyogo11
Lebanon11
American University of Beirut (AUB)11
Pakistan11
Jinnah Sindh Medical University11
Russia22
Mendeleev University of Chemical Technology11
Moscow Aviation Institute National Research University 11
South Korea112
Kyung Dong University 112
UAE358
New York University, Abu Dhabi358
Europe (25)France 202
Sciences Po University11
Universite Clermont Auvergne11
Germany22
Rhein Waal University 11
South Westphalia University of applied sciences11
Hungary213
University of Debrecen11
University of Pecs22
Türkiye7714
Inonu University11
Mersin University11
Dokuz Eylul11
Ankara University224
Firat University11
Samsun University11
Sakarya University11
Selcuk University11
Jersey Chanel Islands112
Institute of Law Jersey112
Slovakia11
Comenius University11
UK11
London School of Economics11
North America (44)Canada156
La Cite11
University of British Columbia (UBC)22
University of Toronto123
USA132538
Amherst College11
Bowdoin College11
Brown University11
Claremont McKenna College11
College of the Ozarks11
Columbia University11
Cornell University11
Davidson College22
Hamilton College11
Harvard University224
Harvey Mudd College11
Lehigh University11
Massachusetts Institute of   Technology (MIT)11
Mc Clarkson University11
Middlebury College112
Minerva University11
Princeton University22
Seattle University11
South Utah University11
Stanford University112
University of Arizona11
University of Georgia11
University of Pennsylvania134
University of Texas11
Wellesley College11
Wesleyan University123
South America (1)Costa Rica11
Earth University11
Grand TotalGrand Total4667113

About the Equity Leaders Program 

The Equity Leaders Program was founded in 1998 and has scaled up over time to benefit 23,825 university scholars. The paid internship component of the Equity Leaders Program admits the top performing boy and girl in the Kenya Certificate of Secondary Education (K.C.S.E.) exams from each sub-county in Kenya where Equity Bank has a branch as well as Wings to Fly graduates who score a minimum grade of A-. The program aims at empowering young academically gifted scholars by supporting their access to education in public universities in Kenya and around the globe, as well as equipping them with leadership skills.

The leadership development model seeks to develop scholars in four program areas: personal and professional development; global exposure; creativity & innovation; and community engagement. Scholars in the paid internship program have an opportunity to join the College Counselling Program to receive coaching and mentorship on how to apply to and secure admissions in leading global institutions. For those who study locally, they join ELP University Chapters that provide them an opportunity to continue being in a network and further hone their leadership and personal development. They continue to serve as mentors to their younger ‘siblings’ in the Wings to Fly program in secondary schools.

About Equity Group Foundation 

Equity Group Foundation (EGF), the corporate impact implementing foundation of Equity Group Holdings Plc, has as its mission to champion the transformation of lives and livelihoods for 100 million people in Africa by 2030 through the design and implementation of innovative programs that leverage Equity Group’s infrastructure and partnerships to create shared value and prosperity. 

Established in 2008 as the Group’s social engine, the Foundation delivers economic opportunities, capacity, tools, and technologies that enable individuals and businesses to increase productivity, become more resilient and share in socio-economic growth. EGF responds to the continuum of issues that challenge the socio-economic advancement of the people of Africa, especially low-income individuals, and families. EGF’s Creating Shared Value [CSV] strategy provides social development initiatives in Education and Leadership Development, Food and Agriculture, Health, Financial Inclusion and Enterprise Development, Energy, Environment and Climate Change, Social Protections for the most vulnerable citizens and Innovation and Technology in order to solve some of Africa’s most challenging issues and support talented young people with ideas to thrive.  

EGF’s programs are underpinned by technology, innovation, and synergy as a central means to launch, nurture, and scale up Africa’s next generation of successful leaders and entrepreneurs delivered to all communities in which Equity has operations.

For more information log on to: https://equitygroupfoundation.com/ OrWebsite Link – https://equitygroupholdings.com/ Flickr–https://www.flickr.com/photos/equitybank/

For further information, please contact: –

Alex MuhiaEquity Group T: Office – 0763 026007: Mobile – 0763 618 871E: CorporateCommunications@equitybank.co.keE: Alex.Muhia@equitybank.co.keWilliam OlooOgilvy Africa PR&IT: 0745 205 292E: william.oloo@ogilvy.africa


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