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Absa Kenya has partnered with Eliud Kipchoge to launch Ksh.45 million education Kitty

Absa Bank Kenya, formerly Barclays Africa has partnered with Eliud Kipchoge and other elite athletes to launch a Ksh.45 million education Kitty. 

The Absa education kitty will be divided between two major projects with Ksh.20 million going towards the construction of ablution blocks in 40 primary schools across the country and the remaining Ksh. S25 million being used to set up 66 computer centres across the country in partnership with Computer for Schools.  

This is being done under a campaign dubbed ’Torch of Possibilities’ which will be headlined by World Marathon Record holder and Olympic Title holder, Eliud Kipchoge and a team of top athletes including; Catherine Ndereba, David Rudisha, Janeth Jepkosgei, Paul Kipsiele Koech and Jackson Tuwei. The campaign is aimed to motivate emerging and future athletes, as well as millions of young Kenyans to aspire for greatness.

At the launch, Absa Bank Kenya MD, Jeremy Awori highlighted the intention of the bank to keep differentiating itself through participating in projects that are attuned to the needs of the communities in which it operates.

‘’The concept of Torch of possibilities represents our zeal, ambition and enthusiasm to serve this market but most importantly, it represents who we are as a people, ready to inspire and mentor the future generations by availing the necessary resources that they need to make significant strides towards their dreams”, Jeremy said.

The Torch of Possibilities campaign will be implemented in collaboration with the Ministry of Education, Science and Technology; Ministry of Sports, Culture and Heritage; National Olympics Committee of Kenya (NOCK), Athletics Kenya (AK), Kenya National Sports Council and the team of top athletes.

Following a successful transition, Absa Bank is continuously renewing its commitment as a force for good by enabling joint growth among all its stakeholders. 

In the last three years, the bank has invested Ksh.S161 million to support 574 university students through the Absa Scholarship programme. In addition, the bank, through the ReadytoWork skills programme has provided more than 200,000 Kenyan youth in tertiary institutions with entrepreneurial, money, employability and life skills to afford them a smooth transition to the work environment.

The bank has also recently committed Ksh.S75 million in sponsoring this year’s Magical Kenya Open (MKO) Golf Tournament. This amount is part of an ongoing Ksh.200 million sponsorship that was announced by Absa Group last year as the presenting sponsor.

“As a brand, we believe in connecting people’s dreams and ambitions to the financial resources that they need to achieve their aspirations, which is in line with our brand purpose of bringing possibilities to life. Our engagement with various stakeholders reflects our devotion to facilitate and achieve this pledge,” Jeremy added. 

You can register for the charity run at any Absa bank branch near you.

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Nixon Kanali

Tech, Business and Lifestyle. Send tips to nickcanali@gmail.com.
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