Equity Group Foundation is a non-profit implementing foundation set up in 2008 as the social arm of Equity Group Holdings with the aim of transforming the lives and livelihoods of our people socially and economically by availing modern, inclusive financial services that maximize their opportunities.

Our Work

Through financial and technological innovations, we support Africans by providing the finest education and career opportunities. We offer those looking for growth opportunities, such as the youth, women and entrepreneurs, a powerful methodology that sources the finest talent and intellectual capital and leverages Equity Group’s vast infrastructure and network.

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Wings to Fly alumni successfully completed a one-year tech training

Youth unemployment across the African continent remains a persistent challenge. In Kenya, youth unemployment  rates over the past 5 years have fluctuated between 20% and 23%, as per KNBS data. The most recent data available, as of 2024, indicates a youth unemployment rate of 22.8%, representing a slight increase from previous years. Despite efforts to […]

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5,700,000

Beneficiaries Reached with Social Protection Programs

EGF, utilizing the Equity Group payment system, continues to provide Cash Transfer Programs while at the same time leveraging on innovative delivery models that co-create enrolment and payment solutions for Elderly Persons, Orphans, Persons with Severe Disabilities, Persons living in Arid and Semi-Arid Lands (ASALs), Internally Displaced Persons, Refugees and other Vulnerable Persons.

In partnership with Governments, Humanitarian and Development agencies, the Foundation transforms lives and livelihoods by providing inclusive financial services to thousands of marginalized and vulnerable households living in Kenya, Uganda, Rwanda and South Sudan through these strategic initiatives.

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60,009

Students Supported

By providing access to secondary and tertiary education, EGF to date has supported over thirty-seven thousand students at over 700 public secondary schools via its groundbreaking Wings to Fly program.

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570,006

Entrepreneurs Trained

Micro, Small and Medium Entrepreneurs (MSMEs) receive mentorship and entrepreneurship training, providing access to financial services to low income entrepreneurs.

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3,800,000

Farmers supported to access agricultural finance

To date EGF’s agriculture program has supported small-scale peasant farmers transforming them into agribusiness entrepreneurs, increasing their production, business and technology capabilities.

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464445

Clean Energy Products Distributed

EGF addresses the challenges faced in developing nations by increasing awareness of the benefits of clean energy for cooking and lighting. EGF has distributed 464,445 energy products benefiting an estimated 1.72 million individuals.

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128

Clinics Opened

EGF increased access to high quality health services including financing and options for poor and middle income families. EGF has seen a total of 286,103 patients being served since inception as out-patient care.

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Recent stories

The UN General Assembly President Visits Equity to Discuss Youth Innovation and Digital Technology

The UN General Assembly President Visits Equity to Discuss Youth Innovation and Digital Technology

Nairobi, Kenya – 21st February 2025 – His Excellency Philemon Yang, the President of the United Nations General Assembly (UNGA), visited Equity for high-level discussions centered on youth innovation, digital technology, and sustainable development. During the visit, he was hosted by Equity Group’s Chairman Professor Isaac Macharia, alongside other Board members and senior managers.

H.E. Yang, former Prime Minister of Cameroon and current President of UNGA, emphasized his commitment to cultivating a digital workforce, bridging the digital divide, and harnessing technology to tackle pressing development challenges.

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750 Top KCSE Scholars in the Country Selected to Join The Prestigious Equity Leadership Program

Nairobi, Kenya – 17th February 2025 – Equity Group Foundation has announced the selection of 750 top secondary school graduates to its prestigious Equity Leaders Program (ELP). These top-performing students who are joining the Pre- University Paid Internship program within the ELP will embark on a six-month internship at Equity Bank branches nationwide as they prepare for their university journey later this year.

The cohort consists of 350 Wings to Fly Scholars and Elimu Scholars who achieved Grade A and A-, 167 top-performing students from each sub-county who scored Grade A (Plain), and 233 top national scholars who earned a minimum of Grade A (Plain) with 84 points in their final exams.

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750 Top KCSE Scholars in the Country Selected to Join The Prestigious Equity Leadership Program

Impact Stories

Mohammednur

Doctor of Dental Surgery (DDS)

Through the Equity Leaders Program (ELP), Mohammednur had the opportunity to work at Equity’s Moyale branch, which opened doors to even greater opportunities.

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Perez Ogayo

Oracle in California, USA, as a Software Engineer specializing in Machine Learning

Ogayo began her educational journey at Eureka Academy in Migori where she performed well and joined Starehe Girls Center from 2012 to 2015 under the Wings to Fly program.

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Peter Kironji

Founder & CEO, Twiva

Through the Equity Leaders Program (ELP) bootcamps, Peter successfully applied to study abroad and was accepted at the University of Toronto, where he pursued a degree in Electrical and Computer Engineering as a Mastercard Foundation Scholar.

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Agnes Nyaboke

Data Scientist

Agnes did her KCSE and was the top student in Elgeyo Marakwet county after scoring an A of 86 points, this enabled her to join ELP Class of 2014. Agnes holds an MSc. in Data Science, Technology; Innovation from The University of Edinburgh and a Bachelor’s degree in Mathematics and Computer Science from The University of British Columbia.

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Our partners

The Equity Group Foundation is a catalyst that drives long-term partnerships to create shared value for our communities.

“The Foundation’s programs promote financial inclusion and advance youth learning, mostly in Africa.”

“On behalf of the German Federal Ministry for Economic Cooperation and Development, KfW is sponsoring 349 Wings to Fly scholars of the 2013 intake and 609 Wings to Fly scholars of the 2015 intake.”

Norad (Norwegian Agency for Development Cooperation) is a directorate under the Norwegian Ministry of Foreign Affairs, whose main purpose is to ensure that Norwegian development aid funds are spent in the best possible way. Norad also provides grants to organizations that carry out projects in less fortunate countries.

“USAID is advancing U.S. foreign policy objectives by supporting economic growth, agriculture, trade, global health, democracy and conflict mitigation and management, and humanitarian assistance.”

“In 2011, DFID partnered with EGF to support a class of 600 students – 400 girls and 200 boys – with direct financial support for comprehensive Wings to Fly scholarships as well as leadership and mentorship development for an additional 572 girls.”

Young Africa Works Kenya; a partnership between Equity Group Foundation and Mastercard Foundation, with support from the Government of Kenya seeks to deepen the social impact in the community by laying the foundation for gainful employment through training and funding for over 600,000 entrepreneurs.