Equity Group Foundation


Equity Group Foundation is an East African foundation based in Nairobi, Kenya.

Overview

The main aim of Equity Group Foundation is to enhance the social and economic prosperity of people in the African region. This is through creating opportunities for people living at the bottom of the pyramid thus incorporating them into the modern economy. Since its inception in 2006, the Foundation has significantly enhanced the coordination of corporate social responsibility interventions for Equity Group Holdings Limited. Through their Wings to Fly Program, Equity Group Foundation was able to award 2,000 students with extended high school scholarships in the year 2015. This program is co-funded by the Mastercard Foundation to the tune of US$41 million over a nine-year period. The Harvard Business Review described the foundation as being focused on driving African development and creating opportunities for prosperity.

Focus areas

The Foundation has six areas of focus. These are:
  1. Education and Leadership
  2. Financial literacy and access
  3. Agribusiness
  4. Environment and sustainability
  5. Health care
  6. Innovation and entrepreneurship

    Partners

The Equity Group Foundation has developed partnerships with other development organizations including the Mastercard Foundation, the UK Department for International Development, the United States Agency for International Development, KfW Development Bank, Financial Sector Deepening, Kenyatta University and Africa Nazarene University.

Equity Group Holdings Limited

Equity Group Holdings Limited is a large financial services conglomerate in East Africa whose stock is listed on the Nairobi and Uganda Securities Exchanges under the symbols EQTY and EBL respectively. The companies that comprise the Equity Group Holdings Limited include: