#Equity Group

Friday, 6 November

Economy

Equity Group lifts spending on women suppliers 302% to KSh 3.7 billion

Equity Group bought KSh 3.7 billion worth of goods and services from women-owned firms in 2025, up from KSh 923.5 million in 2024. Its total procurement grew 12.2% to KSh 52.8 billion, and 90% went to local suppliers.

Equity Group sharply increased the business it gave to women-owned enterprises last year. The lender spent KSh 3.7 billion on their products and services, according to its 2025 Sustainability Report. In 2024 it spent KSh 923.5 million, KBC Digital reported. The bank's total procurement spending rose 12.2% year-on-year, from KSh 47 billion in 2024 to KSh 52.8 billion. Of that total, KSh 47.6 billion went to local suppliers. That is a 14.7% rise on the KSh 41.5 billion it spent locally in 2024. The local share of procurement grew from 88% to 90%. Youth-led enterprises also won more business. Their supplies and services to the bank rose 75% to KSh 491.1 million in the year to December 2025, up from KSh 280.7 million. The lender said it buys locally to support local economies, create jobs…

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