Africa is no exception. Despite the continent lagging behind its global peers in STEM education, there is a growing recognition of the importance of STEM for Africa’s economic development and prosperity. In recent years, there has been a surge in initiatives to promote STEM education across Africa.
Browsing: InterswitchSPAK
InterswitchSPAK, a Corporate Social Responsibility (CSR) initiative of Africa’s leading integrated payments and digital commerce company, Interswitch, in its fourth year, continues to drive and reward interest in Science, Technology, Engineering, and Mathematics (STEM).
After successfully scaling through multiple rigorous stages in the competition, Dokun was awarded the grand prize of N7.5 million in scholarships, among other prizes.
In order to “incentivize” the students, the organizers of the competition – Interswitch, Africa’s leading payment company, disclosed that out N12.5 million, plus other prizes, for the top three winners, the second-place winner will receive N4 million in scholarship spread over three years, a monthly stipend, and a laptop while the third-place winner gets N1 million spread over one year, a monthly stipend, and a laptop.
The firm in a statement sent to The Eagleonline explained that out of the sum, the first winner will receive N7.5 million worth of scholarships, monthly stipend, a laptop and the bragging rights as the Best Science Student in Nigeria.
InterswitchSPAK was designed to encourage students’ interest in Science Technology Engineering and Mathematics (STEM) education, and to facilitate the use of innovative solutions to solve Africa’s challenges.
The results were released on June 28, 2021.
InterswitchSPAK is an annual Pan-African competition aimed at re-igniting and incentivizing the study of STEM (Science, Technology, Engineering, and Mathematics) subjects among secondary school students.
Interswitch Group, a leading pan-African electronic payment and digital commerce company, is set to host the first edition of the InterswitchSPAK project with a N12.5million scholarship amongst other prizes for the winners.