According to an announcement by Autonomi and the Nekotech Center of Excellence, a groundbreaking partnership has been established with H.E. Dr. Princess Asie Ocansey of the royal Ocansey family of Ghana. Dr. Ocansey, the founder and active Executive Chairperson of the Nekotech Center of Excellence, will collaborate with Autonomi to launch Nekotech AI (www.nekotech.ai – website coming soon). This initiative aims to facilitate the pursuit of master’s degrees in America for over 100,000 African undergraduate students.
The Africa-US Presidential Forum on STEM/AI, a program that has been in its pilot phase for the past 5 years, is now ready for widespread rollout. Autonomi will spearhead the development of all AI-enabled digital infrastructure required to manage various aspects of the program, including student sourcing, eligibility assessment, coursework automation, university selection, scholarship and tuition loan facilitation, community building, relocation logistics, auxiliary fee discounts, and post-graduation job placement assistance.
Backed by endorsements from African heads of state and financial institutions such as Prodigy Finance, Autonomi and Nekotech have secured over $1 billion in committed funds for non-collateralized tuition loans and an additional $25 million in prep-school scholarships for eligible African students. This initiative is expected to elevate education standards and significantly enhance income prospects. Upon graduation, students will contribute to the American workforce for three years to help repay their tuition loans before returning to Africa, thereby augmenting the value of the continent's domestic labor force. With a focus on STEM/AI disciplines, students can anticipate annual earnings ranging from $60,000 to $250,000, a level previously considered unattainable for the average African.
Princess Ocansey emphasized the transformative potential of this STEM educational opportunity for Africa. The statistics underscore the urgency of such initiatives: while South Korea, with a population of 51 million, sends over 40,000 students to the U.S., Africa, with 1.4 billion people, has fewer than 39,000 students enrolled in American institutions. Additionally, India's investment in STEM education has resulted in substantial remittances, almost doubling those received by Africa, despite similar population numbers. This venture marks the beginning of a paradigm shift in Africa's socioeconomic landscape.
The Nekotech AI venture represents Phase 1 of Autonomi's new 10-year plan, an initiative that is now being referred to as "Autonomi for Africa." Further details about this mysterious and ambitious endeavor will be unveiled by the Autonomi team at the Global Entrepreneurship Festival (GEF) in Nigeria this November. The event, featuring prominent speakers and dignitaries including the president of Nigeria, promises to be a catalyst for impactful change in Africa's future.
For inquiries and updates on this transformative initiative, please visit www.GetAutonomi.com
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