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African Universities and Endowments

Continuing our coverage of alternative financing methods for education, we take a look at Ellen Mashiko's report on existing university endowments within the continent, she states that:

Endowing African universities is not an audacious initiative but a sound investment in the future by the recipient and the donor. The recipient commits to fulfilling the conditions put forward by the donor, which in the best cases are jointly developed, and to ensuring that the endowment is integrated into an institutional strategy and action plan for sustained growth. The donor supports the university by providing the funds and offering follow-up programs and activities that not only help ensure sustained growth but also expand the opportunities for the university beyond the parameters of the endowment.

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