IFC In Sh. 11bn Support to Merryland Schools – ChimpReports
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IFC In Sh. 11bn Support to Merryland Schools

Ms-Aida-Kimemia-the-head-of-manufacturing-services-in-subsaharan-Africa-in-IFC-handing-exchanging-agreements-with-Dr-Dalton-Segawa-the-director-after-the-signing-ceremony [PHOTO: Michael Ntezza/ChimpReports

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International Finance Corporation, viagra http://cellar433.com/wp-admin/includes/class-bulk-plugin-upgrader-skin.php a member of the World Bank Group, malady http://codesiconsulting.com/wp-admin/includes/ms-deprecated.php yesterday announced an investment of $4.1 million in Merryland High Schools to expand access to secondary education in Uganda.

The loan is expected to enable Merryland to enroll an additional 2, look 500 students in Uganda, where demand for education exceeds the number of school places available.

The expansion also intends to meet educational needs not being met today in neighboring conflict-affected states, rural Uganda, and for young women.

A signing ceremony was held at the school premises in Katabi Wakiso district where the Commissioner for private institutions in the Ministry of Education Robinson Nsumba Lyazzi was chief guest.

Mr Lyazzi applauded the gesture by the agency and expressed wishes that such support is extended to other tertiary institutions of learning.

The World Bank Group estimates that over 50 million children are out of school in sub Saharan Africa.

For governments on the continent to achieve ‘education for all’ by 2030, additional capacity will need tobe created for 127 million students.

Drake Mukiibi Meryland headteacher leads a delegation in a tour around the school compass.

Drake Mukiibi Meryland headteacher leads a delegation in a tour around the school compass.

Merryland operates two boarding campuses in Entebbe, attended by 3,500 students, of whom 34% are from rural Uganda.

With scholarship schemes with low-income families, Merryland provides an opportunity for students from fragile situations such as South Sudan and the Democratic Republic of Congo, where quality education options are even more limited than in Uganda.

According to Dr. Dalton Ssegawa, Director Merryland High Schools, “With 56% of Uganda’s population currently under the age of eighteen, it has become imperative that educational institutions invest in training students to be highly skilled in the technical & entrepreneurial aspects if they are to make any meaningful contribution to the nation.

Investments such as these, however, remain a challenge with limited access to development financing.”Oumar Seydi, IFC Director for Eastern and Southern Africa said.

“Africa urgently needs a well-educated and trained work force to meet the demands of rapidly growing economies. Families from Uganda’s rural and urban areas, young women, and students from conflict affected states have too few options, and Merryland is able to fill that gap now.  IFC wants to help Merryland expand its reach to middle and low-income families.”

 

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