10,000 Africans to benefit from NEKOTECH's $25 million scholarships and $1 billion in educational loans through readiness certification

The Vice President of Liberia, Her Excellency, Mrs. Jewel Howard-Taylor has applauded the Nekotech Center of Excellence for introducing the innovative SOS-NEKOTECH-USA-Canada master’s degree work-study program, which aims at providing prep scholarships and educational loans for young Africans aspiring to pursue a master's degree in STEM in the USA and Canada.

This a proven five-year pilot program, 2018-2023, which now has many students in the USA undergoing their STEM master's degrees, and working successfully having been fully funded through the no collateral loan program, for as much as $100,000 per candidate.

According to the Liberian Vice President, the opportunity to acquire skills and knowledge is what African youths need to enhance their capacity to fend for themselves and also contribute meaningfully to their countries. V.P. H.E. Jewel Howard-Taylor was speaking at the virtual launch of the project which had participants from over twelve African countries in attendance.

On her part, the Executive Chairman of the Nekotech Center, Her Excellency Rev.
Dr. Princess Ocansey indicated that the fund is a no-collateral loan that candidates will pay back while working in the USA/Canada for three years after two years of their STEM (Science, Technology, Engineering, Mathematics) and Artificial Intelligence master's degree programs.

The US allows for a three-year optional practical training (OPT) of full-time work for STEM candidates, during which time the candidates earn $60,000-$250,000/year and are able to pay back their loans.

She bemoaned the fact that of the 1.4 billion Africans, less than 39,000 students are studying in the United States, whereas South Korea with a population of 51 million, has over 40,000 students in the U.S. Out of the over 1.1 million foreign students in the U.S., Asia has 750,000 students who are mostly in the STEM field - and this is impacting their lives, changing many narratives from poverty to prosperity.

“Africa has a huge potential to change its fortunes by taking advantage of this STEM educational opportunity,” Dr.Princess Ocansey noted.

As a former US STEM student herself, a graduate of Rutgers University's College of Engineering in New Jersey, USA, she added that India went on a similar route of educating their youth in STEM programs, and the result partly reflects in the over $85 billion in remittances India is enjoying annually, while Africa enjoys $46 billion.

Apart from that, Indian students have been able to attract top US Tech giants to India, where many worked during their OPT. She hopes that African leaders will take note and do the same to drive jobs home to end the chronic African youth unemployment.

She applauded Liberia, Sierra Leone, Ghana, Malawi, Zambia and Cameroon for kicking off this program.

Mrs. Ida Abbeyquaye, Executive Director of Nekotech Center indicated that the readiness college is open to applicants aged 21 to 40 with a bachelor's degree. All enrollments can be completed on line at www.nekotechcenter.org at a low fee of $236, which can be paid online.

Certified candidates from the readiness college automatically qualify for 100% prep school scholarship valued at $2500. Candidates are assigned highly trained private counselors, who help them to secure school admissions, no collateral loans and visa application support.

What is unique about this program, is its US settlement services, which provide a soft landing with community building for African students upon arrival in the USA.

Other speakers at the event included H.E. Dr. Justina Mutale - Founder
Justina Mutale Foundation in the UK, Nekotech’s Zambian partner; Bishop Dr. Evans Glover- President of Council of Ghanaians Pastors and Churches in the USA, Jose Meilo, Nekotech's Cameroonian partner; Ms. Ida Abbeyquaye
Nekotech Center’s Executive Director and Mr. Tyson Manering -
Educo -USA, NekoTech’s educational partners for USA Universities and Mr. Gianluca Mauro, founder of the AI Academy and Harvard University Professor.

Joining the program from California was Lady Alicia Hamilton, co-founder of the new Universal Citizens Media Network and CEO of The Revelation Network, Hollywood as well as media houses from several African countries.

As part of the events for the launch, the Nekotech Center of Excellence launched its exciting theme song entitled, ‘Level Don Change.’