On September 25th 2025, a Memorandum of Understanding (MOU) was signed between Equity Group Foundation (EGF) and the WorldQuant University (WQU), which rolled out a framework for cooperative activities in quantitative learning. The partnership between the two organizations has been set strategically to widen educational opportunities and strengthen innovation in quantitative learning in East and Central Africa region.
“Through this partnership, we are uniting our strengths to empower African youth with the knowledge and skills needed to thrive in a rapidly evolving global economy,” said. Dr. James Mwangi, EGF’s Executive Chairman
Equity Group Foundation (EGF) is committed to level up the access to education and build up leadership among young learners who are academically gifted but financially disadvantaged. On the other hand, the US-based WorldQuant University will provide advanced education freely to qualified students globally. According to WQU’s data, Africa accounts for 48% of their global enrollment, making Africa a top market for WorldQuant University, since its presence is felt in 51 countries across Africa impacting 10,200 leaners. Out of these learners, 2,000 of them hold senior positions in banking, education, finance and other industries.
“We are thrilled to partner with EGF to amplify the impact of education across Africa,” said Gbemi Disu, WQU Senior Vice President of Global Partnerships.
Equity Group, WorldQuant University target Youth Empowerment
Furthermore, the MOU between the two organizations amplifies additional partnerships that demonstrate the institutions commitment to Africa as WorldQuant University’s input on matters academic is focused on real-world application. The two organizations are uniquely placed to realize the contents of the MOU given that the Equity Group Foundation – Equity Group’s corporate impact implementing entity, has been involved in projects geared towards transformation of lives and livelihoods across the African continent by connecting them to inclusive and modern financial services that expand their opportunities.
On the other hand, with 48% of WorldQuant University’s global enrollment placed in Africa, the University, which is also a non-profit institution, is strategically placed to deliver technical an dquantitative education in the East and Central Africa region, which also happens to be the area where Equity Group has a concentration of its operations. WorldQuant University focuses on issues that challenge the socio-economic advancement of the African people with a concentration on low-income individuals and families.
Equity Group Holdings operates in 6 countries, headquartered in Kenya and has operations in Uganda, Tanzania, Rwanda, South Sudan, and the Democratic Republic of Congo, while WorldQaunt University serves students in more than 150 countries.
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