Sharp Daily
No Result
View All Result
Sunday, August 31, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Standard Chartered Bank Partners with Leading Entities to Empower Women Entrepreneurs in Kenya

Joel Mugonyi by Joel Mugonyi
August 1, 2023
in News
Reading Time: 2 mins read

Standard Chartered Bank has teamed up with Safaricom, Jubilee, Mastercard, and KEPSA in a groundbreaking collaboration called SC WIN to address the structural challenges faced by women in scaling up their businesses. Through this initiative, women entrepreneurs will gain access to invoice discounting, capital, insurance, investment solutions, and global networking opportunities, allowing them to thrive and form a supportive community of like-minded entrepreneurs.

Read more: Entrepreneurship: How To Build a Successful Small Business

Kariuki Ngari, CEO of Standard Chartered Bank Kenya, highlighted the bank’s commitment to diversity and inclusion by growing the base of women and youth suppliers. In the first half of 2023, the bank’s spend with diverse suppliers increased to 8.0% from 2.0% in 2020, with the aim of surpassing 30.0% by the end of the year. Additionally, more than half of the bank’s employees in Kenya are women, and 50.0% of the Executive Management team comprises women. The gender parity on the Board has also significantly improved, rising from 23.0% in 2019 to 45.0%.

The SC WIN offering is designed based on insights from women entrepreneurs, addressing the specific challenges they face in accessing credit lines, market linkages, and business growth models. By providing a comprehensive and collaborative business ecosystem, Standard Chartered aims to empower women entrepreneurs to flourish in both local and global markets.

RELATEDPOSTS

Safaricom 2025 financial triumph and effect on Kenyan economy

May 28, 2025

Safaricom’s legal battle against journalist sparks press freedom concerns

March 27, 2025

Read more: Entrepreneurs Forum with Mr. Ibrahim Aden, an Enterprising Real Estate Developer

SC WIN encompasses capital, investment, and protection solutions tailored for optimal benefit. This includes trade solutions, targeted insurance covers, and foreign currency mutual fund investment options, among others. Additionally, women entrepreneurs involved in SC WIN will receive personalized training packages and mentorship, dedicated relationship managers, and access to the bank’s extensive global banking network spanning Asia, the Middle East, and Africa.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Kenya’s Inflation Eases to 7.3% in July 2023, Driven by Lower Food and Utility Costs

Next Post

Kenya Credit Enhancement Facility to Boost Corporate Bond Market and Sustainable Investment

Joel Mugonyi

Joel Mugonyi

Related Posts

News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025

LATEST STORIES

The Importance of Including Pension Plans in Corporate Benefits Packages

August 29, 2025

The informal labor market and classical unemployment in the Kenyan context

August 28, 2025

Kenya’s Eurobond yields ease after S&P rating upgrade

August 28, 2025

Kenya’s strategic debt pivot: Smoothing, Strengthening, Sustaining

August 27, 2025

Bank on your paycheck: Invest smart with CMMF

August 26, 2025

Finding Balance: My Journey with Internet Self-Care

August 22, 2025

Why Young Kenyans Cannot Afford to Ignore Private Pensions

August 22, 2025

Strategies for Nairobi to emerge as Africa’s financial hub

August 22, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024