NEWS

Barclays-Junior Achievement International- Junior Achievement Africa
Pan African Enterprise Initiative
A Three-Year Partnership for Change

Barclays Africa has forged an alliance with Junior Achievement International (JAI) to invest in Junior Achievement’s education programs.

The main objectives of the partnership are to:

• Expand the pool of youngsters who are grounded in the principles of market economies

• Provide them with the skills which will adequately prepare them for higher education and more especially, the world of work

• Sensitize youngsters to the topical issues of the day with special emphasis on HIV/AIDS.

Barclays’ Commitment to Junior Achievement Africa

Barclays Bank will pay JAI £300,000 for 3 years at £100,000 per annum

• For incorporating HIV/AIDS awareness, selected countries will receive an extra £1 per student reached up to £10,000

• £30,000 a year for 3 years to create Junior Achievement centres in Mauritius, Seychelles, Zambia and

• £20,000 a year for 3 years as seed money to create a Regional Centre for JAI Africa (based in Ghana) work-to-classroom volunteers

In Kenya, Barclays Bank and Junior Achievement announced their alliance on 17 February 2004. 

Barclays will invest of Kshs 4.5 million for 3 years (2004-2006) at Kshs 1.5 million per annum. This grant will cover the costs of printing classroom materials, volunteer recruitment and training, awareness, monitoring and evaluation. 

Other Junior Achievement Africa Member Nations in the partnership are Botswana, Ghana, Tanzania, Zimbabwe and South Africa.

Barclays is an international financial services group engaged primarily in banking, investment banking and asset management. Barclays has been involved in banking for over 300 hundred years and operates in more than 60 countries. They are one of the largest financial services groups in the UK and are a leading provider of coordinated global services to multinational corporations and financial institutions worldwide. The group is committed to invest 1% of Barclays UK and Africa pre-tax profit in community programs every year.