Windhoek — The Knowledge Foundation has awarded bursaries worth N$400 000 to 20 students. Each one of the beneficiaries will receive N$20 000.

Knowledge Katti, the founder of Knowledge Foundation, said the foundation has been awarding 10 bursaries every year since 2010, and today more than 43 students from all 13 regions of Namibia have benefited from the bursary scheme.

"The foundation assists students in the fields of commerce, science, technology and finance to name a few. The bursaries are awarded to students who have shown extraordinary potential, but do not have financial means to study at tertiary level," said Katti.

Katti further noted that the bursaries granted would help contribute to building Namibia's human resources capacity, adding that as a way of giving back to the community, the Knowledge Foundation offered the opportunity to help build future leaders, by ensuring that talented students are not left out due to financial constraints.

Katti said the foundation has so far spent more than 1.5 million on social responsibility and empowerment projects. Meanwhile, Nagula Uaandja from Price Water House Coopers used the opportunity to congratulate the Knowledge Foundation for being an exemplary change agent in recognising the need to offer talented young people a chance to pursue their dreams and to contribute to the development of the country.