Africa: Development of High Potentials Africa: Development of High Potentials

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With the scholarship programme “Afrika kommt!” the German economy takes a stand for Africa. In 2008, the scholarship was established by 19 leading German companies on the initiative of the then Federal President Horst Köhler. The joint initiative pursues the goal to promote the exchange between African young professionals from sub-Saharan Africa and German companies and to establish a sustainable economic cooperation with Africa.

Impetus for the joint commitment was provided by a campaign of the former Federal President Horst Köhler in cooperation with the ZEIT-Stiftung. The German Society for International Cooperation (GIZ) coordinates and organizes the scholarship programme on behalf of the companies.

In the fifth year of its existence the scholarship programme “Afrika kommt!” can already report a record. More than 3,000 candidates applied for 21 scholarship places. Commerzbank, as one of the partner companies of this initiative, allows for the fourth time one scholarship holder from Africa to complete a twelve-month internship in 2014. During this time the young employees pass through different job stations in the bank. The practical involvement in a wide variety of work processes enables them to gain profound insights into the workflows and management methods of a large company, to further develop their leadership skills and to establish a strategic network.

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