• 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 universities


• 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.


• The scholars have received admission to 71 Universities in 22 countries and from 5 different continents: North America, South America, Europe, Asia, and Africa.


• To date, under the ELP program, 970 scholars have received admissions and scholarships to global universities.

Kampala, 14^th August 2024... 113 Equity Leadership Program scholars have secured admission and scholarships to join 71 global universities located in 22 countries around the world. Eight of these beneficiaries are from Uganda.

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, Jackie Bakku, an ELP Scholar joining European University Viadrina to study Bachelor of Science in International Business Administration, noted, “The support network I found within Equity during my ELP journey has been instrumental to my success. There were times I gave up and didn’t believe in myself. The Equity team’s encouragement was like a steady hand guiding me through challenging moments and it's 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." Baku grew up at Ayilo I Refugee Camp, she later Studied at St Mary’s Assumpta Girls School in Adjumani, where she scored 13 points.

Trevor Paul Egaru, an ELP Scholar, joining Moscow Aviation Institute, Russia USA, to study Aeronautical Engineering said, “In 2022, I sat for my UACE, emerging as the top boy in my district and joined the Equity Leaders Program. I was interning at Equity Bank Kajansi 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.” Pegaru hails from Gulu, Northern Uganda.

Francis Ocen, an ELP Scholar, joining the University of Georgia, USA, to study for a degree in Poultry Science said, “I must say the application process was tough, requiring endless dedication and a firm belief in my goals. But the love and firm hands of Equity staff kept pushing me to do my best. I am glad I didn’t give up because I would have missed studying a course that I am passionate about. I love farming and I want to change my community by setting up modern poultry farms.”

With this year’s admissions, a total of 970 students have successfully been admitted 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 Leaders 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.

ELP Airlift scholars pose for a photo with their guardians, Equity Bank Uganda management and Rev. Patrick Kamara during the airlift event.

The 2024 ELP Airlift scholars pose for a photo with their admission letters