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128 Equity Leadership Scholars admitted to global universities

Matooke Republic by Matooke Republic
August 13, 2025
in Events
Reading Time: 5 mins read
Group photo of ELP Scholars who will be flying to different global universities with Equity Bank's Executive Director Mr. Claver Serumaga and Equity Group Foundation Board Director, Mr. Sam Bwaya.

Group photo of ELP Scholars who will be flying to different global universities with Equity Bank's Executive Director Mr. Claver Serumaga and Equity Group Foundation Board Director, Mr. Sam Bwaya.

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A total of 128 Equity Leadership Program (ELP) scholars have secured admission and scholarships to join 62 global universities across 19 countries worldwide.

Equity Group Foundation (EGF) Executive Chairman, Dr James Mwangi, commissioned the airlift of the scholars drawn from the Equity Leaders Program in four countries: Kenya (87), Rwanda (33), Uganda (4) and the Democratic Republic of Congo (4).

Claver Serumaga, Executive Director at Equity Bank during his speech.

The group has been awarded scholarships worth Ksh 2,791,962,093 (USD 21,643,117) for the four-year duration of their undergraduate studies. Each scholar will also receive an airlift token of up to Ksh 200,000 to support their transition into the global institutions.

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Elizabeth Wahito, Acting Head of the Public Sector & Social Investment Unit at Equity Bank Uganda during her speech.

With this year’s admissions, the total number of students who have secured fully funded scholarships through the programme now stands at 1,098. The 2024 intake includes 16 students set to join Ivy League universities: Columbia University (1), Harvard University (4), Princeton University (8) and the University of Pennsylvania (3).

Speaking at the commissioning ceremony, Dr Mwangi highlighted the role of the ELP in shaping Africa’s future leaders. He encouraged the scholars to view their global academic journeys not only as personal achievements but also as opportunities to contribute to the continent’s transformation.

“The Equity Leaders Program is both an investment in Africa’s future innovators and a catalyst for the continent’s transformation. As you embark on your global education, remember that your unique perspectives and skills are vital to unlocking Africa’s vast potential. Return with a spirit of innovation, a commitment to building a more prosperous and equitable Africa, and the knowledge, skills, and networks to drive economic growth, promote social progress, and build a brighter future for generations to come,” he said.

Garvin Alimu, a Ugandan ELP scholar heading to Harvard University, USA, to study Engineering, recounted his journey:

Garvin Alimu, an ELP Scholar from Uganda joining Harvard University, USA sharing his testimonial during the event.

“The journey to realising my dream has been filled with risks, sacrifices, and challenges that at times felt insurmountable. I began my education in a little-known school in Nansana, later joining King’s College Budo, where I scored 20 points. Excelling in Uganda is one thing, but sitting for a US essay exam is another. Equity Bank staff prepared me for four months—teaching me essay writing and presentation skills. I sat for the SAT four times. Through it all, the resilience and unity within the ELP kept me focused. This opportunity is not just for me, but for the collective good of our communities, to inspire others and pave the way for future generations. We are, indeed, the captains of our souls.”

Claire Nsaba, another Ugandan ELP scholar joining New York University’s Abu Dhabi campus to study Environmental Engineering, shared her experience:

Claire Nsaba, an ELP Scholar joining New York University, Abu Dubai campus sharing her story and journey with Equity Bank Uganda.

“When I received the scholarship, I saw hope for my future and my family’s. The journey hasn’t been easy—facing rejections from some universities and missing other opportunities was disheartening. But through mentorship and support from Equity, I learned that rejection doesn’t mean you’re not good enough; sometimes it’s life redirecting you to something better. Applying to NYU was my last attempt, and it worked. Now, I’m pursuing my passion in a unique field of engineering—proof that persistence and faith can open doors you never imagined.”

In his closing remarks, Dr Mwangi urged the scholars to make the most of their global exposure:

“As you step into this new chapter, see your time abroad as more than just an academic pursuit—it is a profound global opportunity for personal growth. Step out of your comfort zone, immerse yourself in new cultures, and challenge your perspectives. Let accountability and integrity be your compass. Remember, you are not just students; you are Equity Global Scholars, carrying the hopes of your families, communities, and country. Use your skills, knowledge, and global exposure to become solution-oriented leaders, bridge cultures, and inspire others to dream bigger. Your success will light the way for many who will follow.”

Equity Bank gifts each scholar a $2000 allowance.

The Equity Leaders Program, an initiative of the Equity Group Foundation established in 1998, aims to cultivate a new generation of leaders by identifying and nurturing top-performing students from within Equity Group’s subsidiaries. Launched in Uganda in 2022, the programme has so far admitted 419 scholars, with 13 currently studying at global universities in the USA, Russia, Germany, and Mauritius, while others are enrolled at local universities.

Through its rigorous approach, which combines academic excellence, character development, and practical experience, ELP continues to equip young leaders with the skills, knowledge, and networks needed to drive sustainable economic growth and social progress across Africa.

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Tags: Equity Bank UgandaEquity GroupEquity Leaders Program
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