Eni, Oxford varsity award scholarships to African students
As part of efforts to strengthen the future of business leadership in Africa, a multinational company, Eni and Saïd Business School, University of Oxford, have announced new MBA scholarship program for African students.
A joint statement by Jeevan Vasagar, the Head of Media Relations Oxford Saïd Business School and Marilia Cioni, Media Relations Manager, sub-Saharan Africa Eni, on Friday said the Eni-Oxford Africa Scholarship will cover MBA course fees, a living expenses stipend and one return air fare. Two places will be available for the 2020-21 academic year, and the remaining eight places will be opened in subsequent years
According to the statement, Oxford Saïd leads the way in MBA recruitment from Africa, with 13 per cent of this year’s cohort coming from the continent, spanning 12 African countries. Out of the African MBA students at Oxford, 56 per cent are women.
It said candidates for the Eni-Oxford Africa Scholarship must be resident in one of the African countries in which Eni operates: Algeria, Angola, Egypt, Gabon, Ghana, Ivory Coast, Kenya, Libya, Morocco, Mozambique, Nigeria, Republic of Congo, South Africa and Tunisia.
The companies said Eni has also announced support for three DPhils at Oxford Saïd, the first of which will start in September 2021. Preference for these will be given to candidates with an African nationality.
"There are around 200m young people, aged between 15 and 24, in Africa. This makes it the world’s youngest continent, representing both a challenge and opportunity for policymakers.
"The School’s aim is to help businesses grasp the opportunities of Africa’s favourable demographics by supporting the education of talented African students. These students are able to make valuable pan-African and international connections while at Oxford.
"Oxford Saïd has embedded Africa-focused activities into its MBA curriculum and co-curriculum, including case studies and Africa business electives, as well as hosting senior African government ministers and businesspeople," the statement read.
Eni noted that it has supported postgraduate students since the introduction of its first scholarship in 1957. Since then, it has granted scholarships to over 5000 young graduates from 111 different countries.
The statement quoted, Peter Tufano, Dean of the Said Business School, as saying "the Eni-Oxford Africa scholarship will strengthen and deepen our longstanding efforts to engage with Africa’s future business leaders.
“We are delighted to collaborate with Eni on this exciting scholarship, and thank them for their generous support. The experience and knowledge our African students bring to the cohort is part of what makes the Oxford MBA so unique.”