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A firm invests USD 7million to support youth education

Imaginable Futures, a global philanthropic investment firm has launched a program that will see it invest over USD 7 million to fund youth education programs in Kenya and Sub- Saharan Africa.

Speaking at a press conference at Chester House, Nairobi, the Principal of Imaginable Futures Sam Mugacha, said the firm is broadening its strategy across Kenya to support holistic learning models and community initiatives, as it believes education is a great equalizer to disrupting poverty cycles.

“In the last twelve years, Imaginable Futures has supported over 20 African organizations through equity investments, grants and project financing,” said Mugacha.

He announced that the firm will provide over Sh700 million in the region in 2022, adding that to date it has invested over USD 240 million globally and collaborated with over 175 partners around the world.

“Broadening our strategy is part of our efforts to address the systemic barriers that impact Kenyan learners and their families,” said the Principal.

He added that the organisation plans to collaborate with stakeholders to come up with innovative solutions that support Kenyan learners’ especially young mothers and adolescent girls.

“We are willing to work with partners to support learning models and initiatives that provide young people with skills that will help them to thrive,” offered Mugacha.

While giving her remarks, an officer from Assessment of Life Skills and Values in East Africa (ALiVE), Dr Purity Ngina, said that the organization is looking forward to starting a conversation with stakeholders on engaging adolescents and the youth to nurture them as critical thinkers.

“It is important to think about the metrics and how we assess competency as we implement the Competence Based Curriculum in our schools,” said Ngina.

She revealed that ALiVe is partnering with curriculum developers from the Ministry of Education and individuals in the education sector to grow the country’s capacity on how to handle life skills among the youth.

By Njeri Kariuki and Oscar Oganga

 

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