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MTN Foundation announces 2024 scholarship for Nigerian students

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MTN Nigeria Foundation has announced its 2024 scholarship for Nigerian students to support their education and empower the next generation of leaders.

A statement by the Foundation states that the amount for the annual award has also been increased from N200,000 to N300,000 for eligible students.

“The scholarships are in three categories which include the MTN Science and Technology Scholarship (MTN STS), the MTN Scholarship for Blind Students (MTN SBS), and the Top 10 UTME Scholarship,” the statement said.

“MTN Foundation in 2010, established the MTN Scholarships Program, an annual award that recognizes and rewards eligible high-performing students in Nigerian Public Tertiary Institutions in 3 categories:

MTN Scholarship for Blind Students (MTN SBS) since 2012 has been targeted at eligible 200 and 300-level blind students studying any course in Nigerian Public Tertiary Institutions (Universities, Polytechnics, and Colleges of Education).

“Starting in 2024, the number of blind students to receive scholarships has increased from 60 to 100. The annual award amount also increased from N200,000 to N300,000 and will be awarded until graduation if grade requirements are met.

“Top 10 UTME Scholarship since 2020, the top 10 scoring candidates of UTME as announced by JAMB, automatically qualify for the top 10 UTME scholarship.

“The candidates are awarded scholarships from their 100 level through to graduation upon meeting grade requirements.

“The Top 10 UTME Scholarship is awarded irrespective of the successful candidates’ preferred course of study or Tertiary Institution – Public or Private in Nigeria.”

According to the statement, the MTN Science and Technology Scholarship is open to 300-level students studying Science and Technology-related courses in Nigerian Public Tertiary Institutions (Universities, Polytechnics, and Colleges of Education).

“The MTN Scholarship for Blind Students is open to 200 and 300-level blind students studying any course in Nigerian Public Tertiary Institutions (Universities, Polytechnics, and Colleges of Education).

“STEM Students in Public Universities and Colleges of Education must have a minimum Cumulative Grade Point Average (CGPA) score of 3.0/4 or 3.5/5 (second class upper credit).

“STEM Students in Public Polytechnics must have a minimum Cumulative Grade Point Average (CGPA) of 3.0 (upper credit) from the Ordinary National Diploma (OND) Program and must have secured admission into the Higher National Diploma (HND) Program.

“Direct Entry level STEM students must have a minimum CGPA of 3.0 (upper credit) from the Ordinary National Diploma (OND) program and must have secured admission into 300 level/3rd year in a Public University.

“MTN Scholarship for Blind Students (SBS): Blind Students in the Universities or Colleges of Education must have a minimum Cumulative Grade Point Average (CGPA) of 2.5.

“Blind students in public Polytechnics must have a minimum Cumulative Grade Point Average (CGPA) of 2.0 from the Ordinary National Diploma (OND) Program and must have secured admission into the Higher National Diploma (HND) program,” the statement added.

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20 African tech-preneurs embark on Korean innovation tour

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The African Development Bank Group’s Innovation and Entrepreneurship Lab has selected 20 promising tech entrepreneurs from various African technology ventures and enterprise support organisations to embark on a two-week study tour of the Republic of Korea, with the aim of seeking investment and insights from the country’s innovative tech ecosystem.

The selected entrepreneurs are from 133 ventures that participated in last month’s Africa Tech Startup Forum.

The forum which will hold under the auspices of the lab’s “Leveraging the Entrepreneurial and Innovation Success of Korea to Strengthen African Enterprise Support” project, had selected entrepreneurs who pitched the best business models during the week-long virtual market access and acceleration programme preparing, training, and connecting technology ventures with opportunities.

The 20 young tech-preneurs were selected from eight African countries including Nigeria, Egypt, Ghana, Kenya, Morocco, Rwanda, South Africa, and Uganda, with the delegates spanning various sectors in the technology space.

While in Korea, the African delegates will pay visits to prestigious institutions such as Global Startup Centre, LG Science Park, the Korea Software Technology Association, and the Global Digital Innovation Network.

Speaking on behalf of the delegates, founder of Kenya-based health technology venture Zuri Health, Uche Ezadinachi said:

“I am excited to go to Korea because the country has made serious technological developments. The country is a technology-driven society, and this tour is an opportunity for me to see how we can bring such technology to Africa.

“We will share experiences with our Korean counterparts; they will learn from us as much as we learn from them,” he added.

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Kenya’s ticketing startup BuuPass partners Flexpay for flexible travel payments 

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Kenyan digital ticketing startup, BuuPass, has entered into a partnership with goal-based savings platform, Flexpay, to offer customers flexible payment plans ahead of holiday travels as well as simplify travel planning and ease the financial burden of holiday travel for Kenyans.

Co-founder and CEO at Buupass, Sonia Kabra, who unveiled the package at a press conference, said the collaboration between the two platforms will allow travellers to save for their journeys in manageable, interest-free installments over four to 12 weeks.

“Travelers can select their travel dates, book tickets, and pay a small deposit upfront, with the remaining balance spread across weekly or monthly payments,” she said.

“This approach offers a stress-free way for families and large groups to secure their tickets early, helping them avoid last-minute price hikes as fares are locked in.

“By partnering with Flexpay, we’re giving travelers the flexibility to budget for their trips in advance. This initiative aligns with our mission to make travel accessible to everyone, providing a solution that meets customers where they are financially,” said Kabra.

Also speaking at the event, Richard Machomba, CEO and founder of Flexpay, said:

“Flexpay’s mission is to empower individuals by providing accessible financial solutions that make it easier for them to achieve their financial goals.

 

“By partnering with BuuPass, we’re making travel more accessible and stress-free for Kenyans, especially during the holiday season when expenses can be overwhelming,” Machomba added.

Founded in 2016 by Kabra and Wyclife Omondi, BuuPass is a B2B2C mobility marketplace that enables users to search, compare, and book travel tickets via web, app, or USSD, while its SaaS platform helps bus operators manage their operations, inventory, and sales.

FlexPay, on the other hand, is an online and offline payment gateway that allows merchants to offer interest-free targeted savings to their customers in Africa.

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