In a bid to stimulate job creation, the Z-Zurich Foundation has donated € 7 million to the Junior Achievement Uganda Project.
The multimillion partnership will allow Junior Achievement Uganda spread its operations to new countries namely Burkina Faso, DRC, Togo, Sierra Leone. In Uganda, over 10,000 youth will benefit from services such as mentorship, and linking Ugandan youth with global employers.
For the past over 40 years, Junior Achievement Africa has delivered hands-on, immersive learning in work readiness, financial health, entrepreneurship, sustainability, STEM, economics, citizenship, ethics, and more.
It has presence in 13 countries in Sub-Saharan Africa and collectively reaches more than 300,000 youth in more than 3,000 schools each year. JA Africa Works in Côte d’Ivoire, Eswatini, Gabon, Ghana, Kenya, Mauritius, Nigeria, Senegal, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.
Z Zurich Foundation is a charitable foundation by which the Zurich Insurance Group delivers on its global community investment strategy. The social equity activities of the Foundation focus on young vulnerable people, apply filters to include sub-groups of vulnerabilities and consider activities around education, apprenticeship, mentorship and interventions contributing to a sustainable employability.
This charitable organization made a strategic decision to venture and fund Africa, and has chosen Africa’s largest and most-impactful youth-serving NGOs, Junior Achievement Africa as the beneficiary for a huge grant.
The money is expected to support creative youth to undertake several productive ventures to employ other young people.