Equity Group spending on women suppliers up 302% to Ksh 3.7B
Originally published by KBC Digital — Read the original article →
Equity Group says it spent a total of 3.7 billion last year to purchase products and services from women suppliers as it total procurement budget grew to Ksh 52.8 billion.
The 2025 Sustainability Report shows that the bank’s spending on buying products and services from women-owned enterprises grew from Ksh 923.5 million in 2024, as share of locally sourced services and products grew from 88% to 90% last year.
“The stronger our business becomes, the greater our capacity to invest in people, enterprises and communities, while building resilience across the markets we serve. Through our investments, partnerships and innovation, we are translating our purpose of transforming lives, giving dignity and expanding opportunities for wealth creation across Africa into measurable, enduring impact,” said Dr James Mwangi, Equity Group Chief Executive Officer.