In 2017, FDH Bank pledged MK62.5 million in funding to support 10 students studying at the Malawi University for Science and Technology (MUST). William Mpinganjira, the bank’s Deputy Managing Director, explained that the financing would be used to support students throughout their studies at MUST.
William Mpinganjira pointed out that, aside from the scholarships, FDH bank had also provided 10 MUST students with internship opportunities. He said that the move demonstrated the bank’s commitment to supporting the government of Malawi in driving forward the education sector.
As a homegrown Malawian financial institution, FDH Bank prides itself on operating stringent corporate social responsibility strategies and giving back to local communities. William Mpinganjira urged the scheme’s beneficiaries to make the most of the important opportunity, striving for academic excellence. Mr Mpinganjira said he was confident that he would be returning in a few years’ time, joining with the students in their graduation celebrations.
Address Malata, Vice Chancellor of MUST, expressed her gratitude to FDH Bank for the generous donation. She explained that it had saddened her greatly to see needy students falling behind due to a lack of funding for food and other basic necessities.
Speaking on behalf of the students, MUST Medical Microbiology student, Chisomo Kanthanga, praised FDH Bank for coming to the students’ aid. He promised that the group would work hard and behave responsibly throughout their studies at the Malawian university.
About the Malawi University of Science and Technology
MUST was established by a Malawian Act of Parliament in 2012 with the overall aim of promoting development, technological innovation, and application of science to support micro and macro-economic development throughout Malawi.
MUST was established with the vision of creating a world class centre of technological and scientific research, education, and entrepreneurship. MUST supports its students, providing a conducive environment for quality education, research, training, and entrepreneurship, as well as offering a comprehensive range of outreach activities
The first cohort of students to enrol at this leading Malawian university were admitted in April 2014, although it was not until the 24th October 2014 that the learning institution was officially opened by His Excellency, Professor Arthur Peter Mutharika, the former President of Malawi.
MUST comprises four operational schools:
- Ndata School of Climate and Earth Sciences (NSCES)
- Malawi Institute of Technology (MIT)
- Bingu School of Culture and Heritage (BISCH)
- Academy of Medical Sciences (AMS)
MUST welcomes international students. This leading higher education provider has aligned itself with the nation’s development aspirations. MUST partners with educational institutions and research centres within Malawi and internationally, enabling it to extend its reach far and wide.
The university stages extensive outreach and research activities. In 2016, MUST became the first Malawian university to stage an all-girls science camp. In terms of research, MUST students and staff have collaborated on numerous insightful projects, with papers published in renowned journals.
MUST’s moto is: Where Excellence Reigns. The university’s core values are commitment, integrity, professionalism, openness to diversity, competitiveness, innovation, and entrepreneurship. Through their studies at MUST, students are equipped with the applied skills and theoretical knowledge required to create innovative technologies at local, national, and global levels.