Coen Welsh | Nov 14, 2017 | 0
Orbising the future
The foundation believes that high impact entrepreneurial leaders will dramatically contribute to a positive economic, social and political change. The foundation therefore identifies, selects and invests in potential greatness over the long-term through its scholarship and fellowship opportunities.
The Namibian branch of the Allan Gray Orbis Foundation was establish in 2008 and has so far committed over N$34 million to scholarships and future start-up business funding.
The foundation owns 15% of Allan Gray Namibia’s operations from which it receives a share of Financial support including payment of school and hostel fees, uniforms, civilian and sports clothing, bedding, travel allowance, stationary and book allowance, extra mural allowance, extra tuition allowance and pocket money. Funds are also set aside to provide start-up capital to young Namibian graduates of the Allan Gray Fellowship who wish to start their own commercial enterprises. The foundation that currently supports 38 scholars and 10 fellows, works closely together with top quality schools and universities.
Rukee Moelanjane, the Foundation Manager noted in his welcoming remarks that entrepreneurial leaders are; “people who use their talents and resources to be fruitful and add value to Namibia. In this they are leaving a legacy, quite literally making the invisible, visible, the future present, the impossible an achievement, the desired an experience, and the dream, a fulfilment,”