7th November 2016

Attending the signing, from left: Gim Victor, Divya Babu, Khanyi Chaba, Simpiwe Somdala, Carine Seke, Ralph Mupita, Dr. Nkosana Moyo, Rumbidzai Chisenga, Mpho Nhlabathi, Sipho Gumbi and Clinton Rodgers.

The Mandela Institute for Development Studies (MINDS) is pleased to announce Old Mutual as a partner for the MINDS Scholarship Programme. MINDS will launch a Scholarship Programme for leadership development in Africa in 2017. The Programme will see African students studying in an African country other than their home country. The aim of the Programme is to develop leaders who have a continent-wide development mindset; leaders who can facilitate greater cooperation between African countries in future.

Old Mutual has committed R3 million over three years to fund the Programme. A Memorandum of Understanding (MoU) was signed between MINDS and Old Mutual was signed in Johannesburg, South Africa on the 7th of November, 2016. MINDS Founder and Executive Chair Dr. Nkosana Moyo expressed his enthusiasm for the Programme by stating that, “A pool of young leaders committed to facilitating greater cooperation between African countries will play a critical role in achieving the continent’s future success.”

Old Mutual Emerging Markets Chief Executive Ralph Mupita added that “As a financial services provider with an expanding footprint on the African continent, Old Mutual is proud to be a cornerstone investor in this visionary initiative. We share MINDS’ belief that the graduates of this Programme will be well equipped to promote the performance and tangible progress of our continent. There is no doubt that a more integrated African economy of global scale will accelerate growth, generate positive outcomes and benefit all its communities.”

The Institute will partner with donors and African universities to sponsor African university students to study within Africa, but outside of their own country. MINDS invite individuals and organisations to support this one of a kind initiative. For more information on how you can partner with MINDS in developing future African leaders, please email info@minds-africa.org with the phrase ‘MINDS Scholarship Programme’ in the subject.


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