Capricorn Foundation invests N$2.6 million in education projects

Over the past four months, the Capricorn Foundation has invested N$2,6 million in various education and training initiatives, addressing infrastructure needs, providing study materials and teacher training and addressing rural-urban education gaps in Namibia. This investment reflects the Foundation’s commitment to improving educational opportunities and strengthening communities across Namibia.Education is a key focus for the Capricorn Foundation and an essential part of social and economic development. The Capricorn Foundation aims to support educational initiatives to help improve the futures of Namibian people and communities, encouraging development and prosperity."As a Connector of Positive Change, the Capricorn Foundation takes pride in bringing positive change through projects and programmes across Namibia. By investing in education and training programmes, we empower Namibian learners, setting them on a path toward career success and personal development," said Veripura Muukua, Capricorn Foundation Coordinator.The funded projects include: DRC Women’s Community – ECD Project (Swakopmund): This project focuses on empowering women in the DRC community by providing them with education and skills development opportunities, enhancing their socio-economic status. The project also educates 140 children aged 4-6 from impoverished households and also ensures they have a healthy meal daily. The Capricorn Foundation committed N$300,000 towards the ECD Centre.Amos Meerkat Syllabus (AMS): The Amos Meerkat Syllabus project gives children in isolated and rural areas the chance to get ready for school through ECD. AMS reaches 5235 children and 263 teachers nationwide. Capricorn Foundation committed N$582 000 to support the project by printing the school materials.One Economy Foundation: The Foundation funds various educational projects that use education and skill-building initiatives to enhance socio economic development. The Capricorn Foundation donated N$300 000 to help support and empower young Namibians through the #BeFree Youth Campus. Hatika Adult Education Centre: The Centre was founded in 2019 and offers education and skill development to people living in informal settlements. The project uses literacy programmes and vocational training to advance socioeconomic development for 100 adult students. Capricorn Foundation committed N$28 774. EduVision: The project is concerned with improving the quality of education by using technology to reach a larger audience and creative teaching strategies. The Capricorn Foundation committed to adopting two schools for a second year, Pioneer Secondary School in Schlip and C. //Oaseb Senior Secondary School in Gibeon, with a total contribution of N$670 000 (N$335 000 per school) to improve online learning access.Karstveld Academy: The project was established in Grootfontein in January 2021 and is committed to elevating Namibia's educational standards through academic and cultural excellence. The Capricorn Foundation committed N$412 450 to Karstveld Academy towards bursaries for six Grade 11 learners covering school and hostel fees for the 2025 academic year.Meerkat Learning: Also known as Teaching at the Right Level (TaRL), this nationally endorsed initiative enhances numeracy and literacy skills among primary school learners. With the N$300 000 funding from the Capricorn Foundation, the programme will expand its reach and impact, benefiting 10 schools, 200 teachers, and 1000 learners across the Kunene Region. “The Capricorn Foundation’s support goes beyond financial contribution towards projects. We believe it is pivotal for the Foundation to remain relevant and address the communities facing the most challenges and dire situations. Our recent visit to the Meerkat Learning Project in Khorixas and the Education Director for the Kunene region, Mrs. Sophia Frederick, was a testament to that. Such engagements are key to understanding the situations on the ground and faced at regional levels and discussing opportunities for collaboration”, added Veripura Muukua, Capricorn Foundation Coordinator. The Capricorn Foundation is a Section 21 Company and a registered welfare organisation in Namibia. Established by the Capricorn Group in February 2020, the Capricorn Foundation is celebrating five years of positive change in Namibia this year, investing N$37.4 million through corporate social responsibility (CSR) programmes and projects. The Foundation extends its gratitude to Bank Windhoek, Capricorn Asset Management, and Entrepo for their continued support in funding these life-changing initiatives. For more information on the Capricorn Foundation’s initiatives and partnerships, visit www.capricorn.com.na

Capricorn Foundation invests N$2.6 million in education projects

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Republikein 2025-03-28

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Capricorn Foundation invests N$2.6 million in education projects

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