Records
James Mwangi
Banker who is Group Managing Director and CEO of Equity Group Holdings and Executive Chairman of Equity Group Foundation.
Independently verifiedLatest source dated 2026-08-13Last reviewed 2026-10-26
What outcomes can be attributed to James Mwangi?
Wings to Fly - Mastercard Foundation funding commitment
Pledged
- Role
- Chairman of Equity Group Foundation (programme implementer); Mastercard Foundation is the funder
- Outcome
- Mastercard Foundation added USD 60 million (2016), bringing its total support to USD 100 million; phase 2 target of 20,000 additional secondary scholarships with matching partners
- Reported by
- Mastercard Foundation
[1]Wings to Fly - phase 1 scholarships
Delivered
- Role
- Chairman of Equity Group Foundation, which runs the programme
- Outcome
- 10,377 secondary school scholarships awarded in phase 1
- Reported by
- Mastercard Foundation (funder)
[1]Wings to Fly - USAID-funded component, mid-term evaluation
Independently verified
- Role
- Equity Group Foundation (chaired by Mwangi) was lead implementing partner
- Outcome
- USAID supported 2,678 secondary scholars (est. budget USD 26.4m; USD 9.9m spent by 30 Sept 2014); of 1,155 graduates in 2014, 93% scored C+ or above vs 31% nationally; 99% of surveyed scholars reported fees paid; 61% of surveyed USAID scholars reported having no mentor; no alumni tracking system
- Reported by
- Management Systems International (Stuart Leigh, Edwin Ochieng) for USAID Kenya, mid-term performance evaluation, June 2015
[2]Equity Bank own-funds contribution to Wings to Fly (2022/2023)
Pledged
- Role
- Group CEO of Equity Group and Executive Chairman of the foundation
- Outcome
- KES 2 billion for 2,000 full secondary school scholarships
- Reported by
- Equity Group Foundation press release
[3]Wings to Fly and Elimu scholarships - cumulative
Self-reported
- Role
- Executive Chairman of Equity Group Foundation
- Outcome
- 60,009 Wings to Fly and Elimu scholarships since inception (January 2024); Dawan Africa (August 2026) reports 60,009 young people as beneficiaries; KfW financed about 5,000 Wings to Fly scholarships (KES 4 billion)
- Reported by
- Equity Group Foundation
[4, 5]Wings to Fly - completion and university entry
Self-reported
- Role
- Executive Chairman of Equity Group Foundation
- Outcome
- 97% secondary completion since inception; 82% of graduates achieving university entry grades
- Reported by
- Equity Group Foundation (January 2024 newsletter)
[4]Equity Leaders Programme
Self-reported
- Role
- Executive Chairman of Equity Group Foundation
- Outcome
- 18,735 scholars entering university; 8,337 paid internships at Equity Bank; 891 fully funded global university scholarships across 201 universities in 36 countries (890 in the text); 3,454 in TVET colleges
- Reported by
- Equity Group Foundation (January 2024 newsletter)
[4]Equity Group Foundation partner commitments
Self-reported
- Role
- Founder of Equity Group Foundation
- Outcome
- Partners have committed USD 582 million+ to social impact through the foundation
- Reported by
- UN Global Compact GABI profile (foundation-supplied)
[6]
Sources
- Mastercard Foundation Increases Wings to Fly Commitment to $100 MillionMastercard Foundation, 2016-02-05, primary source
- Wings to Fly Mid-term Performance EvaluationManagement Systems International for USAID Kenya (archived by AidData), 2015-06-02, primary source
- Press release: Equity Bank funds 2000 Wings to Fly scholarships for the 2022/2023 academic yearEquity Group Foundation, 2022-03-17, primary source
- Wings to Fly: 15 years of Empowering Dreams (Issue 18)Equity Group Foundation, 2024-01, primary source
- Equity Foundation equips 4,949 scholars with leadership and career skillsDawan Africa, 2026-08-13, secondary source
- Dr. James MwangiUN Global Compact - Global Alliance of Business and Investors (GABI), primary source
Change history
- 2026-10-26 Record published.
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