Published On: Sat, Jul 25th, 2015

Equity Group picks prime spot as GES sponsor and Banker

By Robert Kibet

NAIROBI July 23, 2014-Regional diversified business services firm, Equity Group Holdings, has stepped in as a Diamond sponsor, for the Global Entrepreneurship Summit (GES) Pre-Summit Expo.

The Equity Group Holdings, local banking subsidiary, Equity Bank Kenya, will also be playing a key role as the official GES Banker this weekend. In this role, Equity Bank will provide end to end banking solutions at all GES locations for the delegates.

Equity Group Holdings, Managing Director, Dr. James Mwangi, said the firm, is well placed to provide banking and related solutions for the delegates attending the global conference.

A number of Equity Group and Equity Group Foundation, Executives, invited as Speakers by the conference organisers, Dr. Mwangi disclosed, will also, be at hand to deliver presentations during the workshops and related panel presentations talks lined up for the Pre-Summit and main GES event this weekend.

Hot on the heels of the Equitel THIN SIM Mobile telephony solution launch, the firm will also be showcasing entrepreneurship opportunities touching on the convergence of the banking and telecommunication sectors. The launch, earlier this week, places Equity Group as the first organization to deploy such a solution in the commercial banking space globally.

At the main summit this weekend, Dr. Mwangi, acknowledged that he has been invited by the GES organizers as a Speaker, during the official opening session on this Saturday to be attended by visiting American President Barack Obama. He will also participate as a Panelist on Sunday, focusing on local investment opportunities’ in agro processing and related value addition spheres.

“At Equity Group Holdings, we have finalized our plans to actively participate in the GES conference as part of our corporate mission and objectives,” Dr. Mwangi said. “During the events, we shall also be at hand to provide banking services and showcase Equity Group Foundation entrepreneurship and development models,” he added.

In Kenya, Equity Bank, enjoys a differentiated position as the in country preferred partner for American Express, Visa, PayPal, MasterCard and China Union Pay. The bank, will also, be well placed to serve the discerning international delegates, as it also enjoys strategic partnerships with SWIFT, JCB, VFX, Diners Club and MasterCard.

The hosting of the 6th GES, Dr. Mwangi noted is a clear win for the National Branding efforts as Kenya is currently on the global spotlight as an ideal investment destination.

President Obama elevated entrepreneurship to the forefront of the United States’ engagement agenda during a historic speech in Cairo in 2009.  Since then, the Obama Administration has delivered on this commitment, greatly expanding support for entrepreneurship and economic opportunity around the world.

The Pre- GES Summit Expo 2015 is platform to showcase Kenya’s innovations and investment opportunities. It is chances for those who will not get the opportunity to attend the Global Entrepreneurship Summit to experience the vast invest opportunities from our innovative youth.

The PRE-GES summit Expo – exhibition and Knowledge Sharing Seminar was put together by the Government in partnership with the Kenya Private Sector  Alliance  (KEPSA).

Speaking during the launch of the two day event,  H.E President Uhuru Kenyatta challenged both local and foreign investors to tap into the pool of local talent and invest in the development of technological innovations which will be the basis of future industries.

“As a government we are committed to the elimination of bureaucratic processes that have hindered the development of innovative industries among the youth. We need to cut the red tape and allow innovation to thrive. We ourselves as government are already embracing technology in the delivery of our services, some of the solutions we need are within the creative reach of our innovators.” President Kenyatta said.

The Pre-GES Expo hosts an innovation exhibition where young entrepreneurs are showcasing their innovations while the main plenary sessions present the opportunity for knowledge sharing with captains of industry, seasoned entrepreneurs and policy makers sharing their insights on how to sustain businesses beyond the Start-up phase.

The Summit will close this Thursday paving way for the Global Entrepreneurship Summit which will be attended by American President Barack Obama and over 2000 delegates from across the world as the host country Kenya will field 175 delegates showcasing innovation and investment opportunities alongside Kenya’s diverse heritage and culture.



Robert Kibet is an independent freelance journalist based in Nairobi, Kenya.

Cell: +254722 851 458


Twitter: @kibet_88

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