James Mwangi’s Equity Group Foundation commits $787,401 to support healthcare workers in Kenya
COVID-19 has caused Kenyan healthcare workers to experience mental stress in the line of duty.
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COVID-19 has caused Kenyan healthcare workers to experience mental stress in the line of duty.
The gains can be linked to the group’s better-than-expected financial results for Q1 2021.
The surge follows a rise in the company’s shares on the Nairobi Stock Exchange.
The Wings to Fly program is implemented with the Mastercard Foundation and Germany’s KfW.
Its foundation will plant about 7,000 trees to mitigate the adverse effects of climate change.
The company has acquired an additional 7.7-percent stake in its subsidiary, Equity Bank Congo.
The $75-million deal will provide loans to female-led micro, small and medium-sized businesses in four African countries.
Equity Group is collaborating on the facility with leading European development banks.