LAGOS-(MaraviPost)-Dozy Mmobuosi, the Founder and CEO of Tingo Inc. and Tingo International Holdings, launched an Africa focused foundation to address pressing challenges on the continent.
The Dozy Mmobuosi Foundation will begin in Nigeria with two core missions, addressing the healthcare challenges across Nigeria and working to provide financial support for a high-quality education to many who have previously struggled with access.
The foundation is exploring an innovative student loan initiative to provide funding to students across the country.
The loan program, according to Mmobuosi, is to provide financial assistance to Africans that cannot afford to attend a tertiary institution on a loan that would be paid back after graduating from school.
“The aim is to provide fair and affordable student loans to Nigerian students in tertiary institutions across Nigeria,” Mmobuosi said.
Therefore, Malawi has a lot to tap from Billionaire Dozy Mmobousi.
Mmobousi was in Malawi earlier this month where, among others, he pledged to construct 100 houses for Tropical Cyclone Freddy victims in Phalombe District.
So far, he has already pumped in MK500 million towards the initiative.
Below is the exclusive Video of investments by Tingo Group of Companies in Nigeria:
There has been controversy over the speed with which Mmobousi obtained a diplomatic passport from the Department of Immigration and Citizenship Services.
However, some Malawians are saying the passport matter is negligible if compared to the level of benefits in investments that may accrue to the country owing to our association with Mmobousi.
