Apex Industries commits to fund top students at National University of Equatorial Guinea

News
October 23, 2020

Apex Industries, an oil and gas conglomerate based in Equatorial Guinea and headed by Don Leoncio Amada Nze has entered into a 5 year Funding Partnership Agreement with the National University of Equatorial Guinea which will see the company issue scholarships to top talent at the country’s main institution of higher learning.  As part of Apex Industries social program, the company commits to financially support qualifying students during their academic progress for the next 5 years. 

Apex Industries is a leading oil and gas services company in the central African region. Its activities include the delivery of offshore engineering and maintenance services, oil field logistics services and facility maintenance services. The company, which is headed by its founder and CEO Don Leoncio Amada Nze  has an ambitious growth plan to widen its footprint across Africa and along the entire energy value chain.

In order to achieve that, it will have to ensure that it can rely on a constant supply of highly qualified youth. ‘’Our initiative is aimed at offering students in Africa the opportunity to quality education which the National University of Equatorial Guinea provides. We are enthusiastic about this partnership because the youth are the future, not just for Apex Industries, but for the entire continent. They will be in the position to meet the continent’s socio-economic needs and create an impact in their communities,’’ said the CEO of APEX Industries Amanda Ndze who is also President of the African Energy Chamber, CEMAC Region.

APEX Industries and the African Energy Chamber continue to stress the importance of supporting African institutions and universities by highlighting the shortfalls and implementing strategic plans to address with them adequately, including financing shortfalls. This collaboration  also includes a commitment of continuous assessment, in an effort to mobilise the energy sector as a whole to support talent development in Equatorial Guinea in particular and Africa in General. 

Known as UNGE, the National University is Equatorial Guinea’s premier higher learning institutions. As economies globally and in Africa in particular continue to witness rapid change, including in the crucial energy sector, quality training has established itself as the most important ingredient for economies that seek sustained economic growth and development. UNGE plays a crucial role in the sub region in delivering such quality training.