Equity Group and World Food Programme Sign Historic Agreement to Enable Small-Scale Farmers to Grow and Thrive

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Equity Group Holdings and the World Food Programme (WFP) have forged a groundbreaking framework agreement. Let's explore the key details:


1. Objective:

   - The agreement aims to link value chain actors in food and agriculture with financial literacy training and concessional financing.


   - It targets marginalized communities where traditional financing is scarce.


2. Private Sector Engagement:

   - This collaboration represents a new model of private sector engagement for development impact.


   - It leverages WFP's deep field presence and Equity Bank subsidiaries' financial services.


3. Operational Scope:

   - Equity and WFP will provide training to value chain actors, enabling them to access financing.


   - Technical assistance will be extended to agri-processors and agri-preneurs for impact investments facilitated through Equity Bank.


4. Scaling from DRC:

   - The agreement builds upon a successful collaboration between WFP and Equity BCDC in the Democratic Republic of the Congo (DRC).


   - The project "Promotion of Sustainable Food Security" in the DRC has stimulated sustainable agro-industrial development, benefiting smallholder farmers, cooperatives, and food processors.


5. Global Impact:

   - Dr. James Mwangi, Group CEO of Equity Group Holdings, emphasized the role of the private sector in transitioning food crises toward resilient food systems globally.


   - This marks a significant step toward empowering small-scale farmers and fostering economic growth.



The Equity-WFP partnership exemplifies how strategic alliances can drive positive change in agriculture

 and food security. 🌾🌟🤝.



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