• Equity Group Foundation, with support from Equity Bank, Mastercard Foundation, and the family of Dr. James Mwangi is committing Ksh 1.1 billion to support COVID-19 Response in Kenya.
  • The commitment includes a Ksh 300 million contribution from Equity Bank, a Ksh 500 million from the Mastercard Foundation, and a Ksh 300 million contribution from the family of Dr. James Mwangi, Equity Group Holdings Managing Director and CEO.
  • The funds will go towards the purchase of Personal Protective Equipment (PPE) for frontline medical personnel dealing with COVID-19 patients in public hospitals in Kenya.

Equity Centre, Nairobi (29th April 2020) – Equity Group Foundation (EGF), with support from the Mastercard Foundation, today announced a commitment of Ksh 1.1 billion to provide Personal Protective Equipment (PPE) to frontline medical staff dealing with COVID-19 patients in public hospitals in Kenya.

The commitment has been provided by Equity Bank (Ksh 300million) and the Mastercard Foundation (Ksh 500million) – a long-time trusted partner of EGF who are providing support as part of their Mastercard Foundation COVID-19 Recovery and Resilience Program. The funding also includes a donation of Ksh 300million from the family of Dr. James Mwangi, the Founding Chairman of EGF and Managing Director and Chief Executive Officer of Equity Group Holdings Plc.

EGF will work in partnership with the Ministry of Health and the COVID-19 Emergency Response Fund in this endeavour. This will ensure a coordinated effort on the national priorities of combating the pandemic, reap the benefits of economies of scale, maximise resource allocation and avoid duplication of efforts in the provision of PPEs.

Speaking while announcing the initiative, Dr. Mwangi said, “It started when my attention was drawn to a group of students and doctors who were raising funds for PPE’s for young post graduate students especially in Kenyatta National and Referral Hospital (KNH).” He added, “When I shared the need with my family, a robust discussion revealed the urgency to holistically address the issue as it was not prudent to provide the PPE’s to students without also focusing on the plight of the doctors, nurses, clinical officers, and medical staff.” Dr. Mwangi is a member of Kenya’s COVID-19 Emergency Fund Board.

“We invited the CEO of the Kenya Medical Association and a group of doctors from KNH and University of Nairobi where we established the need for PPE’s for medical staff handling COVID-19 patients in the country. A team of seven was formed to help structure this initiative,” Dr. Mwangi said. He expressed gratitude to the following medical professionals who subsequently formed a steering committee to organize the immense task of coordinating and actualizing this initiative:

  1. Isaac Macharia , ENT, Specialist - Chairman
  2. Louis Litswa, Specialist Anesthetist and Critical Care Specialist - Member
  3. Elizabeth Gitau, Kenya Medical Association - Member
  4. Chibanzi Mwachonda, Secretary General, Kenya Medical Practitioners and Dentists Union (KMPDU) - Member
  5. David Kariuki, Senior Deputy Director-General, Ministry of Health - Member 
  6. Alfred Obengo, Secretary General-National Nurses Association of Kenya - Member
  7. Joanne Korir, Quality Assurance–Equity Afia - Secretary

President and CEO of the Mastercard Foundation Reeta Roy said, “Health care workers are at the frontlines of caring for all of us, safeguarding community health. We must keep them safe. We are grateful that this partnership meets the immediate needs precipitated by COVID-19, which the Foundation is prioritizing through our Mastercard Foundation COVID-19 Recovery and Resilience Program.”
Dr. Mwangi has thanked the Board of Equity Group Holdings, Equity Bank (Kenya) Limited, and the Board of Equity Group Foundation for their contribution and support of the investment.Equity Bank (Kenya) Ltd. Chairman Professor Isaac Macharia said, “The Board of Equity recognizes the vital role of health care workers on the frontline and is proud to partner with universities and public hospitals in ensuring the safety of our health care workers.”
The committee will coordinate the implementation of the initiative to ensure availability of PPE’s across the country and will help to scale up a mental wellness support system for medical staff initiated by the Kenya Medical Association (KMA).

Expressing appreciation to the Mastercard Foundation for their many years of true partnership and trust, Dr. Mwangi said that their generous contribution has made it possible to scale up the investment to the national level to provide PPE’s to medical staff attending and caring for COVID-19 patients.

“As we execute this initiative, my trust and gratitude go to our medical staff who risk everything to serve on oath of their profession,” said Dr. Mwangi. He added, “To my fellow Kenyans, we can only overcome this global pandemic as a nation, only in partnership with our Government, and by committing to our social contract where the Government and the Ministry of Health design the best medical policies and protocols, and we as citizens adhere to them faithfully. As a people, let us set the bar of compliance high and hold each other to account.”

Dr. Mwangi appealed to Kenyans to observe the following recommendations from the Ministry of Health on social distancing, washing hands and sanitizing regularly, limitation of movement, self-quarantining when in doubt, and wearing face masks when in public. “By observing these recommendations, we shall collectively as a community and society become the first line of defense to avoid paying the price of an exponential community spread of the pandemic. We owe ourselves a duty of ensuring that we don’t add to the growing list of infected or contacts. Let us leave our medical staff and our health infrastructure to be our second line of defense for those who unfortunately become infected,” Dr. Mwangi said.

Dr Mwangi concluded by saying, “We recognize that none of us can be safe as long as one of us is unsafe. We will endeavor to continue with our engagement and mobilization of our partners to extend our partnership towards procurement of diagnostic kits. We believe that there is a chance for every Kenyan to get the support they require to overcome the COVID-19 infection.”

He expressed the commitment of EGF to continue championing the social work of Equity Group Holdings alongside its partners. During this difficult time, our Equity Afia doctors, who are alumni of the Equity Leaders Program, are running a growing network of Equity Afia medical centres in the country and are working tirelessly to make their contributions towards the fight against COVID-19. In addition, all Equity Afia locations will remain open throughout Kenya to attend to other ailments and thereby relieve public hospitals to prepare and respond to any COVID-19 cases that may arise in their regions.

About Equity Group Foundation

Equity Group Foundation’s (EGF) mission is to champion the transformation of lives and livelihoods for 100m people in Africa by 2024 through the design and implementation of innovative programs that leverage Equity Group’s infrastructure and partnerships to create shared value. 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, resilience 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 Entrepreneurship Development, Energy and Environment and Social Protections for the most vulnerable citizens. Our 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.

Equity Group Foundation: https://equitygroupfoundation.com

About Mastercard Foundation

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy, Canadian EleV program, and the Mastercard Foundation Scholars Program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services, and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/. Follow the Foundation on Twitter at @MastercardFdn.

Related stories

Equity ranks position 7 in the list of top 10 banks in Africa in The Banker’s Top 100 African Banks 2020.

Equity, with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed at...

View More
Kenya National Chamber of Commerce and Industry, Equity sign Memorandum of Understanding to offer Ksh. 200 billion to Kenyan businesses

The Kenya National Chamber of Commerce and Industry (KNCCI) and...

View More
MICRO AND SMALL ENTERPRISES AUTHORITY (MSEA) AND EQUITY SIGN MOU AIMED AT PROMOTING THE GROWTH OF MSEs IN KENYA

MSE Associations under MSEA will benefit from financial empowerment, advisory services and...

View More
Equity Supports MSMEs With USD $100 Million Partnership with Proparco (Agence Française de Développement Group)

Equity Supports MSMEs With USD $100 Million Partnership with Proparco (Agence Française de...

View More
Equity CEO, Dr. James Mwangi, Wins Coveted Oslo Business for Peace Award

Nairobi, Kenya: September 9, 2020 – Dr. James Mwangi, Group Managing Director and CEO of Equity...

View More
92 Equity Leadership Program (ELP) Scholars Receive Admission to 43 Global Universities

92 Equity Leadership Program (ELP) Scholars Receive Admission to 43 Global Universities

View More
Ambassador Erastus J O Mwencha is Appointed Board Chairman of Equity Bank (Kenya) Ltd

Equity Bank (Kenya) Ltd Board has appointed Ambassador Erastus Mwencha, as the Chairman, taking over...

View More
Equity Rolls Out Universal Number for All Outgoing Calls to Customers

The 0763 000 000 number will become the single line of contact from Equity to customers thus...

View More
Public Hospitals Are Now Equipped With Ppes From Kenya Covid-19 Fund For Use By Healthcare Workers Dealing With Covid-19

The Kenya Covid-19 Fund Board, in partnership with Equity Group Foundation (EGF) have completed...

View More
Equity Partners With Crown HealthCare

Equity has signed a Memorandum of Understanding with Crown Healthcare to enable SMEs in the...

View More
Equity Recognized As The Best Bank In Africa At The 2020 Euromoney Awards

Nairobi, 28th July 2020… Equity has scooped three top awards at this year’s Euromoney Awards...

View More
IFC Announces $50 Million Loan to Equity Bank to Support Kenyan SMEs During COVID-19

The loan, which will ultimately support hundreds of Kenyan businesses in the manufacturing,...

View More
Kenya Association of Manufacturers in Partnership with Equity Group Foundation and the Kenya COVID-19 Fund Support Manufacturers in Kenya to produce World Class PPEs

The Kenya  COVID-19 Fund Board, in partnership with Kenya Association of Manufacturers (KAM)...

View More
The Kenya Covid-19 Fund And Equity Group Foundation Partners With Kenya Medical Association On Case Management Training And Psychosocial Wellness Program For 50,000 Public Healthcare Workers Dealing With Covid-19

Frontline public healthcare staff dealing with COVID-19 patients will receive training on case...

View More
Equity Opts To Support Its’ Customers To Keep Their Lights On By Restructuring Their Loans Of Up To Ksh. 92billion For Up To Three Years

Equity Group has triggered a Business Continuity Plan (BCP) to protect its customers, staff and...

View More
Temporary Change of Business Operating Hours

Temporary Change of Business Operating Hours

View More
Health and Safety Update and It’s Impact on Doing Business

As Equity, we continue to comply and take precautionary measures for our customers and staff...

View More
Corona Virus Fact Sheet

Click below to read the Corona Virus Fact Sheet

View More
Letter To Kenyans

Now, more than ever, we invite you to make Banking something you do, not somewhere you go!

View More
Government Officially Launches Elimu Scholarship Programme

Replicates and scales the successful Wings to Fly scholarship model by targeting 18,000...

View More
1,136 Top Performing Students In Kcpe Awarded Wings To Fly Scholarships

Equity Group has today commissioned the 2020 cohort of Wings to Fly scholars at a ceremony held...

View More
Equity Bank Triple Win at International Banking Awards

Equity Bank Triple Win at International Banking Awards.

View More
Equity Bank Global Scholars Hits A Total Of 519

Fifty six Equity Leaders Program (ELP) scholars have been admitted to various top tier...

View More
Equity Bank Kenya enters into partnership with AGCO through Local Dealer FMD East Africa

Equity Bank Kenya enters into partnership with AGCO through Local Dealer FMD East Africa.

View More
Equitel’s Mobile commerce payments continue to drive growth for the operator

Equitel’s Mobile commerce payments continue to drive growth for the operator.

View More
Equity Taps World Bank Expatriate As It Gears Up For Pan African Expansion And Accelerated Digitization

Equity taps World Bank Expatriate as it gears up for Pan African expansion and accelerated...

View More
Equity Appoints Veteran Insider for Managing Director Position

 Equity Bank Kenya, a subsidiary of Equity Group Holdings Plc today announced the appointment of...

View More
Equity Bank Kenya enters into partnership with Toyota Kenya Limited

Equity Bank Kenya and Toyota Kenya Limited have today signed a partnership agreement that will...

View More
Equity and Safaricom Sign Landmark Agreement

Equity Group Holdings PLC (NSE: EQTY) and Safaricom PLC (NSE: SCOM) have today announced plans to...

View More
2018 Kcpe Top Performing Scholars Awarded Wings to Fly Secondary School Scholarships

This year, Equity Group received nearly 20,000 applications from all counties across the country...

View More
13 Wings to Fly Scholars Score Straight A in the 2018 KCSE Examination

Thirteen Wings to Fly beneficiaries were among the students who scored straight A’s in the...

View More
Equity Bank’s Christmas Carols Ring Out This Festive Season

Christmas carols have been around for years and set the stage for celebrating the birth of...

View More
Equity To Play Key Role In Creating 5 Million Jobs Or Kenyans

Equity will deploy its banking infrastructure as well as the Equity Group Foundation platform to...

View More
Equitel Enhances Convenience and Security with New Multiple User Feature Targeting Groups & Chamas

Investment groups, chamas and joint account holders can now withdraw cash from their Equity Bank...

View More
Service finder
Equity Bank is Regulated by Central Bank of Kenya