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Stanbic Bank Hand Over Cheques to Winners of Entrepreneurship Challenge

August 14, 2020
1 minute read
Stanbic Bank Tanzania Winner Entrepreneurship Challenge
Stanbic Bank Tanzania Chief Executive Officer (CEO), Kevin Wingfield (left) handing over a dummy cheque worth TZS 10 million, to NovFeed CEO, Diana Orembe (right), who is among the top 5 winners of the bank’s Entrepreneurship challenge. Looking on is the bank’s Head, of Marketing, Desideria Mwegelo (middle) .

On 12th August 2020, Stanbic Bank Tanzania has handed over cheques for a total value of TZS 50 million to the five entrepreneurs who won the bank’s entrepreneurship challenge.

Dubbed “Stanbic Entrepreneurship Challenge“, the contest was launched by the bank to celebrate its 25th anniversary.

The grant was aimed at supporting entrepreneurs to reach their goals as well as inspire dreams in Tanzania.

Tanzania Investment Guide 2026 Free Edition

Stanbic Bank Tanzania Kevin Wingfield Desideria Mwegelo Emmanuel Kimaro Pinok Company
Stanbic Bank Tanzania Chief Executive Officer (CEO), Kevin Wingfield (left) handing over a dummy cheque worth TZS 10 million to Pinok Company CEO, Emmanuel Kimaro (right), who is among the top 5 winners of the bank’s Entrepreneurship challenge.
Stanbic Bank Tanzania Kevin Wingfield Desideria Mwegelo Edwin Mwachula Cirlex System
Stanbic Bank Tanzania Chief Executive Officer (CEO), Kevin Wingfield (left) handing over a dummy cheque worth TZS 10 million Cirlex System CEO, Edwin Mwachula (right), who is among the top 5 winners of the bank’s Entrepreneurship challenge. Looking on is the bank’s Head, of Marketing, Desideria Mwegelo (middle).

Stanbic Bank Tanzania

Stanbic Bank Tanzania is part of the Standard Bank Group, Africa’s largest bank by assets. The Bank provides a full spectrum of financial services.

The Personal and Business Banking unit (PBB) offers banking and other financial services to individuals and small-to-medium enterprises.

PBB serves the increasing need among Africa’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.

Want to know more about Banking in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Banking, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

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