News from our businesses and markets

De Beers Namibia Holdings today announced that it has entered into a partnership with the University of Namibia (UNAM) - southern campus (Keetmanshoop), to provide financial assistance for higher education to underprivileged children from the communities.

De Beers will make available an amount of N$10 million over five years to support the programme, with UNAM providing the administrative support. The programme aims to complement government’s efforts to support Namibian children from marginalised communities in fulfilling their academic potential. At least 50 per cent of the beneficiaries over the five year term will be female.

Eighty seven students have been selected for support in 2016, of which 70 per cent are female. The financial support will be used to help underprivileged students with costs related to tuition fees, books or accommodation. 

Philippe Mellier, Chief Executive, De Beers Group, said: “De Beers has a proud history of supporting education programmes wherever we operate. For example, our Joint Venture Companies, Namdeb and Debmarine Namibia, continue to support Namibian students with bursary programmes, mostly in the field of science and engineering.

“We are therefore delighted to partner with UNAM in this exciting new venture. We know very well that there is no substitute for a good education in uplifting people. We are proud that we can make this contribution in supporting government’s efforts to make higher education accessible to children from marginalised communities.”

- ends -

Contact

Daniel Kali
Tel 061 2043444
[email protected]

About The De Beers Group of Companies

De Beers is a member of the Anglo American group. Established in 1888, De Beers is the world’s leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers employs more than 20,000 people (directly and as contractors) across the diamond pipeline, and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. As part of the company’s operating philosophy, the people of De Beers are committed to Living up to Diamonds by making a lasting contribution to the communities in which they live and work, and transforming natural resources into shared national wealth. For further information about De Beers visit www.debeersgroup.com.