The NAMDIA Foundation, the Corporate Social Responsibility (CSR) arm of NAMDIA, has awarded 14 bursaries worth N$2.8 million for the 2024 academic intake.
The 14 beneficiaries were selected from a total of 343 applications received from all 14 regions across the country.
The Khomas region emerged with the highest number of applications at 71, representing a share of 20.7%. Following closely were the Omusati and Oshana regions in second and third place respectively, while the Kavango West and Hardap regions had the fewest submissions.
Chairperson of the NAMDIA Foundation and CEO of NAMDIA, Alisa Amupolo said preference was given to students pursuing studies in the Diamond Industry value chain, reflecting a commitment to fostering growth and development in the sector.
“Furthermore, attention was given to the economic background of applicants with a 20% weight assigned to individuals from previously disadvantaged or marginalized communities. The preferred field of study, as outlined in our policy, accounted for 15% of the score, while proof of parental or guardian income supported by certified affidavits held a 10% weight,” Amupolo said.
To ensure a fair and impartial assessment, the Committee placed significant emphasis on key selection criteria with Academic performance carrying the greatest weight, constituting 50% of the total score.
“The Class of 2023, a remarkable group of students has demonstrated unwavering commitment and dedication, seizing the opportunities presented to them. I am proud to announce that we have achieved an impressive 86% success rate, with 12 out of our 14 students showcasing outstanding academic performance,” said Bryan Eiseb, Chairman of the NAMDIA Board of Directors.
During her announcement of the Class of 2024 Bursary Recipients, Louise Shixwameni, Deputy Executive Director at the Ministry of Finance and Public Enterprises, encouraged the students to pursue their studies with enthusiasm and embrace limitless possibilities, as the future of the nation depends on them.
Founded with the aim of addressing Namibia’s social and economic challenges through Education, Health, and Sports, the Foundation reaffirms its dedication to empowering the youth of Namibia, with the Bursary Scheme launched in August 2022 and its inaugural recipient announcement in January 2023.
