June 19, 2015 IBOMLLC Team

African Governments and Business Leaders Join To Launch Regional Scholarship and Innovation Fund

African Governments and Business Leaders Join To Launch Regional Scholarship and Innovation Fund

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

$5million committed by African Governments and ‘Africa Business Champions for Science’ during launch hosted by HE President Macky Sall of Senegal

Will award grants for 10,000 PhD scholarships in Africa over ten years, as part of the World Bank ‘Partnership for Skills in Applied Sciences, Engineering and Technology (PASET)’ programme

Declaration of the founding countries (Ethiopia, Rwanda and Senegal) to now be signed by Heads of State

A ‘Regional Scholarship and Innovation Fund’ for Africa was launched on 13th June 2015. The launch event was led by the President of the Republic of Senegal HE Macky Sall, and representatives of the Heads of States of Ethiopia and Rwanda. The Fund will contribute to the World Bank ‘Partnership for Skills in Applied Sciences, Engineering and Technology (PASET)‘ programme, which seeks to award 10,000 African PhD scholarships over ten years, to strengthen research and innovation in applied science, engineering and technology.

The African Governments involved committed to the Fund alongside a new group of prominent business figures, the ‘Africa Business Champions for Science’, to raise a total of $5million during the launch. The ‘Africa Business Champions for …read more

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