Equity Group chief executive officer Dr. James Mwangi has donated Sh. 120 million of his own money to help Kenyans suffering from drought. Dr. Mwangi made the pledge on November 11 in Nairobi.
“It appears it’s a perennial issue so why don’t we look for a permanent solution? On behalf of my family and the Equity Group on matching grant through the Equity Foundation, I will give $1 million,” he said.
Breakdown of salary James Mwangi earns as Equity CEO
The number of Kenyans facing hunger is projected to reach 4.4 million between October and December 2022. This is according to a UN outlook for October 2022 to January 2023 which indicated that 1.2 million people will be in the emergency phase and will need urgent support.
The Food and Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) report showed that this represents an 84 percent increase compared to the same time last year.
Across Kenya, acute food insecurity remains elevated due to the impacts of drought on multiple below-average crop and livestock production seasons and high inflation.