Recent Banro Foundation Projects

The Banro Foundation supports a number of scholarship programs for promising students from the communities near the Company’s operations. These programs include a scholarship supporting five high-achieving students at a respected technical high school in Buakvu, financial support for university students from Maniema province and a partnership with the Julian Barings Scholarship to support one Congolese graduate in a mining-related discipline at a South African university. A new scholarship created recently currently supports 23 talented students who are attending universities at Bukavu, Kindu, Kinshasa and Lubumbashi. The scholarships cover tuitions and fees, books and supplies and accommodations for students who choose to live on campus. Below is scholarship winner Murhula Bahizire Gauthier with his family.

Providing students in the eastern DRC with French language text books is a big challenge. Thanks to the initiative of Banro’s Senior Vice President, Commercial and DRC Affairs, Donald Madilo and Mrs Madilo, the Banro Foundation was able to ship over 25,000 textbooks to the DRC in 2014-15. The textbooks were then distributed to schools which the Banro Foundation has built or rehabilitated in South Kivu and Maniema Provinces. The books were collected and made available through Fondation Internationale des Cultures à Partager, a charity created and funded by the members of the Quebec National Assembly in Canada.

As a result of the Banro Foundation’s success in building social infrastructure projects in eastern DRC, the Foundation was engaged in 2014 by the Central Bureau of Coordination (BCECO), an executive agency created by the Congolese Government and the World Bank, to build schools and hospitals in Maniema Province, DRC. The first project to be completed was the Ayuza health Centre, shown below. Construction recently began on a second health centre, located near the Fundi agricultural project.