In episode 80 of the Disruptors for GOOD podcast, I speak with Dr. Lydiah Kemunto Bosire, Founder & CEO of 8B Education Investments, on using Income Shared Agreements to create affordable financing solutions for African students in global universities.
Dr. Lydiah Kemunto Bosire, a native Kenyan, holds a D. Phil in Politics from the University of Oxford, which she struggled to finance. In the years since, she has watched colleagues, friends, and family from the African continent turn down or forfeit opportunities to study at global universities because they could not secure sufficient financing.
She has seen African students, admitted to and attending colleges that would open doors into innovation clusters and leadership networks, cut short their studies and their ambitions, as necessary funding failed to materialize. For these reasons, 8B’s mission is personal.
Lydiah has a high-profile background in international affairs, including serving in the Executive Office of the UN Secretary-General, the World Bank, and the World Health Organization. Lydiah led the UN’s collaboration with the World Bank on the Global Concessional Finance Facility, an innovative financing window for refugee-hosting communities.
8B Education Investments draws from this experience of developing strategy and innovation with global implications. A scalable market-based solution investing in African human capital is necessary in a set of tools aiming to accelerate African prosperity and achieve shared prosperity.
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