For those of us living in Africa and indeed throughout
the developing world, Nelson Mandela's words not only ring true, but ring with
a clear, resounding sense of urgency. Millions of rural people move through
life deprived of the opportunities that quality education provides... and the
global community is poorer because of this. If we are to awaken the potential
of this sleeping giant, education will need to be done differently: reaching
more students, more effectively with the limited resources available.
Axium Education aims to transform rural communities in
the developing world through education. The organization uses a three-tiered
strategy working with students, teachers and school leaders to raise student
achievement and create a pathway for talented students to pursue tertiary
study. At the pilot site in South Africa this broad approach will enable Axium
Education to impact the lives of over 3000 people on an annual basis with a
cost per life touched of US$105.
Axium Education represents a unique opportunity for
investors who care about a measurable social return on their investment. Strong
partnerships with universities and community organizations, a focus on the
critical subjects of mathematics, science and English and our accomplished,
results-oriented team combine to make this a compelling proposition. The
organization is currently seeking funds of US$900 000 for the initial phase of
the project from 2009 to 2011. These will be raised from three sources:
partnerships with South African companies (50 %); government grants and
contracts (25 %); and contributions from foreign donors, charities and
foundations (25 %). By 2012 Axium Education will be at full capacity with a
permanent staff of eight and an operating budget of US$310 000.