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Originally published by The Standard BusinessNovember 18, 2025
3d ago
UN agency, Equity Foundation partner to empower African entrepreneurs

Equity Group Foundation and UNDP have signed a memorandum of understanding to accelerate innovation and provide robust support to businesses to drive inclusive economic growth...
✨ Key Highlights
The Equity Group Foundation (EGF) and the United Nations Development Programme (UNDP) have partnered to launch the Timbuktoo initiative, aiming to foster innovation and economic growth across Africa by empowering entrepreneurs.
- The partnership will establish centers of excellence to provide training, mentorship, and access to finance for entrepreneurs.
- Dr. James Mwangi, Executive Chairman of Equity Group Foundation, emphasized empowering young innovators and leveraging Equity Bank's presence in seven African countries.
- The collaboration focuses on socio-economic development, poverty reduction, education, financial inclusion, gender equality, and climate action.
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