Coke backs young Africans.The Coca-Cola Africa Foundation has awarded a grant of $500,000 to Junior Achievement Worldwide (JAW) to pilot its entrepreneurship and work readiness programmes in three African nations. Targeting youth in Kenya, Nigeria, and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , the grant will underwrite To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue. The word underwrite has two meanings. implementation of four JAW programmes that will teach young people how to start and operate a business, the role business plays in a global economy, and important work readiness skills. [ILLUSTRATION OMITTED] JAW offers in-school and after-school programmes for students that focus on seven key content areas: business, citizenship, economics, entrepreneurship, ethics ethics, in philosophy, the study and evaluation of human conduct in the light of moral principles. Moral principles may be viewed either as the standard of conduct that individuals have constructed for themselves or as the body of obligations and duties that a , financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. and career development. Carole Wainaina, president of the Coca-Cola Africa Foundation commented: "We are proud to be working in partnership with JAW on a programme to provide young people across Africa with valuable life skills." |
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