Advanced Search

Diamond Empowerment Fund Awards Higher-Education Grants

Oct 5, 2015 7:55 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... The Diamond Empowerment Fund (DEF) donated $122,500 to the African Leadership Academy (ALA) to help “outstanding” young students gain access to higher education.

ALA co-founders Fred Swaniker, a former consultant at McKinsey & Company, and Chris Bradford, previously with Procter & Gamble and Boston Consulting Group, received the grant at a ceremony in New York. The Johannesburg-based academy offers a two-year program to prepare pupils for college, focusing on leadership, entrepreneurship and African studies.

Graça Machel Mandela, the widow of former South African president Nelson Mandela, was also present at the award function. She participated in a discussion on preserving the African identity, handling urgent social issues and motivating the next generation of Africans to effect change on the continent.

The DEF, whose co-founders include Russell Simmons, the chairman and chief executive officer of Rush Communications, said in a statement it has helped more than 2,000 students through its initiatives since it was set up in 2007.
Tags: africa, african leadership academy, Diamond Empowerment Fund, Rapaport News
Similar Articles
Ariana Grande 150Ariana Grande Sports $93K Engagement Ring
Jun 13, 2018
Comedian Pete Davidson reportedly proposed to singer Ariana Grande with a 3.03-carat diamond engagement ring. The
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.