Fidelity Bank Ghana, the largest privately owned bank in the nation, has made a generous donation of GH¢110,920 to support the Design & Technology Institute (DTI) in Accra.
Led by the Bank’s Corporate and Institutional Banking department, this contribution will empower 10 promising students through education support, fostering their success in the dynamic fields of technology and design.
This marks a significant stride in bolstering Ghana’s industrialization agenda while empowering its youth. The Design & Technology Institute (DTI), renowned for its focus on vocational and technical training, plays a pivotal role in arming young Ghanaians with the skills essential for success in today’s workforce.
Yet, numerous talented individuals encounter financial obstacles hindering their access to this transformative education.
Acknowledging the financial challenges faced by students, particularly those from disadvantaged backgrounds, DTI partnered with the Mastercard Foundation under the ‘Young Africa Works Initiative’ 2020–2023.
Mastercard Foundation offers, on a tried basis, up to 90% of scholarships to brilliant but needy learners from deprived and vulnerable communities, especially females.
However, students are mandated to contribute a matching commitment fee of 10%, presenting a substantial barrier for some of the brightest candidates recruited from impoverished communities across Ghana. This poses a threat to their access to industry-relevant technical training.
Recognizing the critical demand for skilled professionals and the potential of DTI’s students, Fidelity Bank stepped in to bridge the gap.
The donation covers the 10% matching commitment fee required for the Mastercard Foundation’s “Young Africa Works Initiative” scholarships, ensuring these students can fully access the program’s benefits.
Fidelity Bank’s donation has effectively removed this barrier for 10 deserving students, granting them the opportunity to develop their skills, gain valuable experience, and contribute meaningfully to Ghana’s development.
This contribution aligns with Fidelity Bank’s unwavering dedication to equipping young people with the skills needed for industry success while contributing to the United Nations Sustainable Development Goals.
John-Paul Taabavi, Head, Local Corporates, led the entourage from Fidelity Bank in presenting the generous donation to Constance Elizabeth Swaniker, Founder and President of DTI, during a heartfelt ceremony held at the school on Thursday, February 8th, 2024.