is still low. The average for 2020 based on 14 countries was 4.77 percent. The highest value was in Namibia at 9.41 percent and the lowest value was in Mauritania at 1.89 percent. To further drive ethical and inclusive access to quality education across the continent, the FWF will extend its model to other countries, with Kenya lined up to be the next beneficiary.
Unique in the set-up of the FWF is an equity stake held by the students themselves, providing student representation at board level, which has been enabled by generous grant support from Vitol Foundation and other philanthropic donors. The FWF is domiciled in the Kigali International Finance Centre , Rwanda.
Speaking to the need for inclusive education, Dhun Davar, Head Social Finance, UBS Optimus Foundation adds, “There is a huge need for more, better and more inclusive education in Rwanda and with a fast-growing student population we see that the FWF fills a real gap by supporting students to gain better skills and drive Rwanda’s economic development.
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