The First National Bank (FNB) says it has come up with an initiative that will lay the foundation for innovation in Science, Technology, Engineering and Mathematics (STEM).
FNB Acting CEO Ignatius Kashoka says the initiative is a significant step towards empowering Zambian pupils and students with critical skills in coding and Information Technology (IT).
Speaking during the Zambia National STEM Foundation’s graduation ceremony in Lusaka, FNB Acting CEO Ignatius Kashoka says his Bank remains committed to providing a platform to position the country for global competitiveness.
“ As a brand and a Bank, we are investing in this space because we understand it’s power to position Zambia for global competitiveness and long-term sustainability.” He highlighted
Mr Kashoka said the graduation is the beginning of a movement to bridge Zambia’s digital skills gap, foster innovation and create opportunities that will transform lives and industries.
He further explained that as part of his bank’s commitment to sustainability and growth, it will formalize these projects by registering them to PACRA.
Mr Kashoka added that this will ensure the bank’s position to thrive as a structured entity , attract further investment and continue to empower Zambia’s youth for years to come.
Meanwhile, Zambia National STEM foundation Executive Director, Michelo Moonga said that the foundation’s mission is to promote, support and advocate for STEM knowledge and skills to empower youths today.
He further said that the aim is to connect students with technocrats and business development experts That will scale up their innovations and turn their passion projects into viable businesses that can contribute significantly to the Zambian economy.
“With the experience and insights gained, we are ready to expand the Zed-Coder initiative to the Eastern and Northern Provinces which will not only broaden our reach but also democratize access to STEM education and innovation across Zambia.” Mr Moonga said.
Mr Moonga concluded by saying that the students’ innovations will be registered with PACRA to ensure their ideas are protected and recognized.