This initiative, which will start in 2015 as part of the MasterCard Foundation Scholars Program, “will help reverse the effects of ‘brain drain’ on the continent”, UCT’s Kemantha Govender said in a statement on Thursday.

The foundation has committed US$23.5-million (around R252-million) over the next 10 years to finance the project. Around 60 South African students from disadvantaged communities, as well as 240 students from other sub-Saharan countries, are expected to benefit from the programme.

Available: http://www.southafrica.info/news/uct-scholarships-280814.htm#.VAASc6PjqLk