PThe Mfantsipim Old Boys Association (MOBA) says it is on course in raising one million dollars (approximately GH¢5.4 million) to set up an endowment fund for its Cape Coast-based alma mater.
The “MOBA Endowment Fund” would be the major purse for the country’s first secondary school (now senior high), when government hands its running back to the Methodist Church which established it in 1876.
At the association’s Annual National Conference and Business Fair in Accra on Saturday, MOBA President, referred to as “Ebusuapanyin” Captain Paul Forjoe disclosed that more than GH¢ 1 million had been secured for the fund.
The conference is an annual national platform for all “Old boys” of the school to deliberate on issues concerning their alma mater’s development while the fair aims at promoting business of old boys and other entrepreneurs.
The call on government to hand over mission schools back to their respective churches has been raging for some years with President Nana Akufo-Addo assuring of government’s willingness to do so if the churches had the financial and administrative capacity to run them efficiently.
According to Captain Forjoe, the deed for the fund and other documentation had been completed with Fidelity Bank nominated as fund manager.
The delay in launching the fund, initially scheduled for last year, he said was as a result of ongoing documentation and arrangement towards the reclamation of the school and that a date would be announced soon.
In his estimation, the school needed some restructuring to help it reclaim its past glory as the best in the country and that reclaiming it from government administration was the way to go.
He rallied all old boys to support the fund and the development of the school that shaped their formative years so that other generations would benefit from it.
To help draw the alumni closer to their alma mater and facilitate its projects, Captain Forjoe said a MOBA Secretariat was being set up at the school.
Headmaster of the School, Mr Manfred Barton Odro, in his report said out of 1,042 candidates who sat for the 2018 West African Senior School Certificate Examination (WASSCE), three had 8A1s; 14 had 7A1s and 24 had 6A1s.
He said although the 2017 candidates performed better, more of the 2018 candidates qualified for admission into tertiary institutes that their seniors.
Judging from the academic performance of the 2019 year group, he was upbeat about outstanding results.
He thanked MOBA for its support and called for more including the expansion of dining hall and construction of a new auditorium.
The theme for the school’s 143rd anniversary/speech and prize-giving day, slated for November 2019, was announced as “Hɛn nananom botaepa (Akan meaning, our forefathers’ good vision/purpose): quality education and quest for global competitiveness.”
By Jonathan Donkor