Mar 30, 2017 Last Updated 9:01 AM, Mar 30, 2017

GE offers $100,000 of grants to Ghana students

ABN – General Electric (NYSE: GE) has agreed to provide grants worth US$100,000 to students studying for Bsc in Applied Sciences at the University of Ghana.

The Memorandum of Understanding (MoU) signed between GE and the university’s management is part of a broader collaboration between GE and tertiary institutions in Ghana on capacity development.

GE Ghana CEO Leslie Nelson said the gesture is a sign of GE’s commitment to human capital development and localising its operations in the country.

He added: “Our localisation plan also includes technology collaboration, development of Ghanaian suppliers and investment in human capacity.”


Consortium to invest in new schools across Africa

ABN – Dubai-based Investbridge Capital has partnered with Centum Investment Company and SABIS Holdings to establish schools in Africa.

The consortium is expected to invest “hundreds of millions of dollars” into the education project.

SABIS already operates in 16 countries and the company will take over the running of the news school, which will receive capital from Investbridge and Centum.

More than 20 schools are expected to be launched by the companies over the next five years with each school costing between US$20 million and $35 million.

Investbridge CEO Mark DeSario said: “We expect to deploy hundreds of millions of dollars in the coming years.”


Ambit launches solar powered classrooms

ABN – South African technology company Ambit is set to launch its innovative solar powered classroom.

The Education Delivered Intelligently (EDI) classroom will harness the continent’s abundance of sun to provide rural classrooms with electricity and help teachers overcome the pitfalls of load shedding.

TlamaTlama Primary School in Tembisa already uses the technology, which is a fully operational classroom and ICT hub in one.

Ambit director Louise van Loggerenberg said: "The EDI solar powered classrooms are designed to be used in rural, remote or even urban areas.

"Standard systems seamlessly integrate with solar PV, wind turbines and a range of other renewable sources.

“The classroom is fully insulated and can be supplied with electric lighting, heating/cooling and internet connectivity."


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