“An Ingenious Way To Triple The Socio-Economic Impact
Of Grant Funding In Africa.”
On Thursday, 15 November 2018, the Young Africa FOUNDATION was registered as a Non-Profit Company (NPC), in South Africa, with Registration Number 2018/593030/08. The Founding Directors are: Nico den Oudsten, Pule Mathebe, Veronica Mntungwa and Reinhild Niebuhr. On Wednesday, 22 November 2019, Nico den Oudsten suddenly and unexpectedly passed away, leaving his wife, Reinhild, with Pule and Veronica as the remaining Founding Directors. Reinhild is the Founder and Chairperson of the organisation, Pule serves as the Spokesperson and Veronica is the Secretary. Nico’s role as Treasurer is currently vacant, but efforts are underway to soon fill this role again with someone who also is passionate about creating an enabling environment for Africa’s youth.
To support the development of Africa’s youth through raising finance for access to appropriate, quality education and holistic development for children and youth; and for access to enterprise development support, aimed at creating business and job opportunities for this continent’s unemployed youth.
To offer innovative solutions and establish partnerships in financing the delivery of appropriate, quality education and holistic development services for Africa’s children and youth, as well as to encourage the establishment of new enterprises and growth of existing enterprises, with the aim to create jobs for unemployed youth across the continent – with a special focus on disadvantaged and rural communities.
To help create an enabling environment for Africa’s children and youth aged 0-35 years of age, to fulfill their potential in order to build joyful, purposeful and productive lives through education, holistic development and enterprise development support, working in partnership with businesses and social impact investors across Africa and the rest of the world.
Young Africa FOUNDATION NPC has an innovative way of working, which is aimed at ensuring that the organisation has a self-sustainable funding model as soon as possible, while offering an ingenious way to triple the socio-economic impact of grant funding in Africa. This is what we are working on:
- We raise funds to enable the organisation to acquire shares in existing and new businesses, so that over time the dividends earned from those shares may form an ongoing income to fund our work.
- The Young Africa FOUNDATION NPC embraces the principles of South Africa’s Broad-Based Black Economic Empowerment (B-BBEE) policies. Because more than 75% of beneficiaries of the organisation are black, it qualifies as a Level 1 B-BBEE entity. The organisation serves as an ownership solution for businesses in South Africa which wish to improve their B-BBEE status.
For more information on how to engage the Young Africa FOUNDATION NPC as an ownership solution for your business, kindly send an email to the Founder, Reinhild Niebuhr, at email@example.com.
- The Young Africa FOUNDATION uses its funds for the following three purposes:
- SCHOLARSHIPS: We believe, as did Nelson Mandela, that “EDUCATION is the most powerful weapon that you can use to change the world.” As a result we want to help Africa’s underprivileged children and youth, as well as their parents and guardians, to access quality education, from birth onwards, through granting scholarships aimed at providing educational support.
- COMMUNITY REWARDS: We work through Young Africa REWARDS to provide digital vouchers to students registered for the Leadership And Entrepreneurship Programme (LEAP) of the ACADEMY For A Young Africa to serve as youth volunteers. These students are placed at churches, schools and non-governmental organisations across Africa, as a helpful resource, while learning to prepare themselves for the world of work, or to start an own commercial or social enterprise.
- LEADERSHIP DEVELOPMENT: The Young Africa FOUNDATION facilitates opportunities for youth leadership development on a mass scale across the continent of Africa, through encouraging collaboration and partnerships between and among youth, youth organisations and organisations serving youth, in order to strengthen the relationships between youth from all backgrounds, cultures and countries, across the continent, and with youth globally.
- YOUTH ADDICTION REHABILITATION: The Young Africa FOUNDATION NPC also assists youth who wish to transform their lives by participating in programmes aimed at drug rehabilitation. We believe that everyone deserves a chance to recover from bad choices and make a fresh start in life.
- PROMOTING READING AND WRITING SKILLS: We believe that “A Reading Nation Is A Leading Nation” and encourage and support efforts aimed at promoting a love for reading across all age groups. Reading is a skill that assists the brain to accept new information and helps us to develop a range of other skills. One of the key challenges facing Africa is that our children and youth struggle to fulfill their potential, as a result of a lack of reading skills. We work with partners to change that.