Malawi has secured $100 million (approximately K108 billion) to be used for educational loans for 1000 Malawian students.
This comes a few weeks after the launch of the Africa-US Presidential Forum on Science, Technology, Engineering and Mathematics STEM /Artificial Intelligence.
Speaking at the Africa-US Presidential Forum event held at Rutgers University in partnership with Nekotech Center of Excellence, President Dr Lazarus Chakwera said the initiative is expected to see collaboration between US academic institutions and prospective African students to pursue courses in the STEM and AI fields through scholarships.
At the end of their studies, students under the scholarships will graduate with a two-year master’s degree and be given job opportunities in Malawi or the USA.
Reported by Blessings Kanache in New York USA.