Home » Ghanaian businessman to send 600 students to study in Russia after $1-billion deal

Ghanaian businessman to send 600 students to study in Russia after $1-billion deal

Jospong's vision for Ghana's future: Joseph and Adelaide Siaw Agyepong unveil educational empowerment

by Feyisayo Ajayi
Joseph Siaw Agyepong

Ghanaian businessman Joseph Siaw Agyepong, the executive chairman of Jospong Group of Companies (JGC), has successfully secured scholarship packages for more than 600 Ghanaian students to study at RUDN University in Russia over the next five years.

The historic initiative, finalized on Fri., Feb. 2, 2024, in Accra, comes on the heels of Jospong Group’s recent $1-billion deal with Indian carbon credit developer EKI Energy Services. 

The scholarship program, a collaboration between the Jospong Group through its subsidiary, the Asian African Consortium (AAC), and RUDN University, marks a significant milestone in the company’s commitment to education and development in Ghana. It aims to foster education and development in the country. 

The scholarship packages, spanning diverse fields such as Agriculture, Information Technology, Integrated Waste Management, and Climate Change studies, will benefit 120 Ghanaian students each year from 2024 to 2029. 

Jospong’s vision for Ghana’s future: Joseph and Adelaide Siaw Agyepong unveil educational empowerment

“Gone are days when you finish your education, and you stay behind because of lack of opportunities back home, but I want to assure you that Jospong is ready to work with you so come and let’s develop Ghana together,” he assured stakeholders.

Adelaide Siaw Agyepong, CEO of the Asian African Consortium, described the collaboration with RUDN University as “a unique collaboration to enhance climate change and agriculture in the country.”

She highlighted the potential benefits of knowledge transfer, noting that the initiative would open doors for talented individuals who may have faced challenges in accessing quality education outside of Ghana.

Reshaping Ghana’s carbon credit landscape: Jospong Group’s $1-billion vision

The recent scholarship program aligns with Jospong Group’s diversified operations, which span 14 sectors of the economy, including waste management, ICT, banking, automobile, and equipment.

The group’s evolution from a printing press founded in 1995 into a conglomerate with a significant presence in multiple sectors reflects its commitment to driving economic growth and development across Ghana, other African countries, and Asia.

This recent collaboration with RUDN University follows Jospong Group’s memorandum of understanding (MoU) with EKI Energy Services, a leading Indian carbon credit developer and supplier. The partnership aims to reshape Ghana’s carbon credit landscape, mobilizing $1 billion in carbon credit financing.

The initiative has a broader vision of accelerating carbon credit development in the country, with a commitment to creating more than 1,000 job opportunities by 2030 across Ghana and West Africa.

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