Africa Danger Capability (ARC) Ltd. and Milliman Inc. have as soon as once more collaborated to offer two extra college students a chance to use for the Africa Scholarship Programme.
The Africa Scholarship Programme will help college students who can’t afford postgraduate research.
Feminine college students are strongly inspired to use.
Functions will open on 1 December 2024 and shut on 31 March 2025.
Following the profitable launch of its postgraduate Scholarship Programme in 2023, Africa Danger Capability (ARC) Ltd. is collaborating with consulting and expertise agency Milliman Inc. once more to offer African college students one other probability to take part within the programme. Functions will open on 1 December 2024 and shut on 31 March 2025.
ARC Ltd. CEO Lesley Ndlovu, who developed the programme along with Milliman Principal and Consulting Actuary Pleasure Schwartzman, understands the potential affect it could have. “I used to be a beneficiary of a scholarship which was the inspiration of my profession. Working with Milliman to arrange our personal scholarship programme is my method of contributing to increasing entry to alternatives for the subsequent technology,” he notes.
“The Africa Scholarship Programme goals to empower the subsequent technology of leaders who’re driving options to the continent’s local weather threats. It’ll help college students who can’t afford postgraduate research and encourage feminine college students to use, with the purpose of selling gender equality within the trade,” says Milliman Chief Sustainability and DEI Officer Christal Morris.
Final yr, 5 scholarships have been awarded to candidates from Cameroon, Côte d’Ivoire, Kenya, Tanzania and Togo.
Ange-Emmanuelle Gblaka from Côte d’Ivoire, Sandrine Dorvale Bassong Bayegle from Cameroon, and Kossi Mose Doumassi from Togo started their research on the Institut de Formation en Alternance pour les Générations Engagées (IFAGE) in Dakar, Senegal in January. Doreen Mulwa from Kenya and Maulid Seleman from Tanzania will embark on their educational journeys on the College of Cape City in 2025.
Subsequent yr, two new scholarships will likely be supplied to qualifying candidates. These scholarships are particularly for college kids who’ve gained admission to superior programmes in Actuarial Science, Danger Administration and Insurance coverage, or Agricultural Statistics. It covers full tuition, housing, dwelling stipends, and different important bills for as much as two years of full-time examine at chosen universities in Africa, together with:
École Nationale Supérieure de Statistique et d’Économie Appliquée, ENSEA, in Abidjan, Côte d’Ivoire;
The Institut Interafricain de Formation en Assurance et en Gestion des Entreprises, IFAGE in Dakar, Sénégal;
College of Cape City in South Africa
The programme aligns with ARC Ltd.’s vital work in Africa, the place it has been providing catastrophe danger insurance coverage to member states since 2014, and in addition helps Milliman’s social duty objectives. Milliman, which makes use of its actuarial experience and modelling frameworks to assist cut back danger in susceptible nations, will present the funding, whereas ARC Ltd. will implement the programme on the bottom, leveraging its relationships with African member states to make it a actuality.
Graduates may also get the chance to pursue their dream local weather careers. “We need to see these graduates succeed, and due to this fact ARC Ltd. and Milliman may also be offering internships to offer them a robust basis of their chosen careers and an immersion within the challenges of danger administration,” Ndlovu concludes.
Particulars of the scholarship will be discovered within the brochure and the applying kinds can be found on
