GE offers $100,000 scholarship to U of G students

GeneralOne hundred students of the University of Ghana are to benefit from a $100,000 scholarship grant offered by General Electric (GE), to support them to complete their studies.

The management of General Electric announced the scholarship package at a reception held in honour of its visiting Chairman, Jeff Immelt who said the offer was part of a broader collaboration between GE and tertiary institutions in Ghana on capacity development.

The Chief Executive of GE Ghana, Leslie Nelson said the package, which covers tuition fees, was indicative of GE’s commitment to human capital development and localising its operations in Ghana. According to him, training, building skills and technology transfer were key factors of GE’s localisation strategy in Ghana and other host countries.

“Our localisation plan also includes technology collaboration, development of Ghanaian suppliers and investment in human capacity,” he said.

Mr. Nelson also disclosed plans to provide oil and gas skills development scholarships for Ghanaians to undergo training in foreign universities, adding that the scholarship would target students from the science and engineering backgrounds.

Professor Ernest Aryeetey, Vice-Chancellor of the University of Ghana, for his part, lauded the offer, and believed it would help in promoting the growth of human resource in the technical sector.

He invited other multinational companies in Ghana to extend similar financial assistance to develop the needed human resource through the universities.

According to Prof Aryeetey, “human capital remains the most vital resource that any organisation can have and we are glad that GE is placing a great premium on that.”

Prof. Aryeetey said the University of Ghana will continue to create the enabling environment for academic excellence in the institution.

GE is the world’s leading technology and financial services company, with over $140 billion in annual revenue. In Ghana GE operates in the power, water, oil, gas and healthcare business sectors.

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