About Skillup Africa
We provide Student Loans for young Africans
By establishing a student loan program intended to help young graduates under 35 years of age, who do not have the financial means to pay for tech-focused short and medium term training courses.
This student loan program is focused on building a sustainable tech talent pipeline that will secure economic empowerment for the African continent through human capital development.
our Process
How
It Works
To apply for the student loan fill a short form in less than 5-minutes
Candidates will be sent an online aptitude test that can be completed in less than 1-hour.
Once you’ve passed the aptitude test, you will be invited for an in-person interview.
Onboarding includes induction, background checks, creditworthiness & completion of loan documentation.
Complete Course and Career Service Training which run concurrently.
After the moratorium runs out, candidates will be expected to start loan re-payment.
How Much Do You Need?
Skillup Africa student loans have various runtime cycles, based on the duration of the training period as offered by our training partners. We offer a moratorium that covers the duration of the training period, in addition to a 12 week period that allows students find a job.
Our student loans are provided at a 10% p.a. interest rate, which students pay in advance as a commitment fee.
You can use the calculator below to see total loan amount and monthly instalments that will be due. Current calculations are based on 12 month repayment cycle.
Learn More About our Flexible Loan Program
Available Courses
All training services are provided by our selected training partners. We currently work with Univelcity and will be providing additional courses through other training providers shortly.
Career Services at Skillup Africa
Skillup Africa is committed to seeing you launch and thrive in your tech career. For this reason, we provide exceptional career services and soft skills training. You get to work 1:1 with a career specialist to fine-tune your job search and amp up your interview skills. You also get 1:1 mentorship, training, and advice from mentors with outstanding work experience to help you land your next job.
Our career services team organizes engaging industry events and virtual community-building activities to keep you engaged with the blooming tech eco-system. Don’t miss out on this experience.
Proof is in the People
Proof is in the People
FAQs
What is Skillup Africa?
Skillup Africa is an impact investment platform that allows Africans to invest in developing top tech talent in Africa.
Skillup Africa allows Africans to:
- Invest in Africa’s Human Capital: Building a sustainable African technology talent pool, capable of servicing local and global markets.
- Reduce high unemployment rates: Transforming unemployed / underemployed youth into highly sought after talent and reducing imminent security risks posed by high unemployment.
- Increase the earning power of the individual beneficiaries: Building individual Prosperity that leads to national economic development.
Why Skillup Africa?
By 2030, there will be a global shortage of more than 85 million tech workers, representing $8.5 trillion in lost annual revenue, according to US-based management consulting firm Korn Ferry.
This is a huge opportunity for African countries to leverage their huge youth population while ensuring participation in the knowledge / digital economy, which is critical for sustainable economic growth across the continent.
How does Skillup work?
The Skillup Africa Talent Fund seeks to offer individuals and institutional investors the opportunity to fund the training of tech workers (developers, data scientists etc.) by investing into the Skillup Africa Talent Fund that disburses student loans to applicants. Currently we strategically focus on working with businesses through L&D and CSR Initiatives, institutional investors and NGOs through grants.
The Student loans we provide cover:
- Course Fees for Course at one of our Training Partners
- Career Services & Soft Skills Training provided by Skillup Africa
- Laptops for the trainees (if required)
- Access to Skillup Alumni Network
- Access to Skillup Mentor Network
- Moratorium to cover training period and 12 week period to find a job
Our impact is focused on:
- Nation Building
- Digital Economy Readiness
- Sustainable Tech Talent Pipeline Development
- Building Prosperity
- Reduction of Unemployment
Does Skillup give scholarships?
Skillup Africa is not a Scholarship Program. We only offer student loans intended to help graduates under 30 years who cannot afford to pay for a short or medium term tech focused training course that will aid them in developing skills required for a career in tech.
Who can apply?
Anyone who fits the below criteria can apply:
- You must be under the age of 35 (EXCEPTION: if you have prior work experience and are transitioning you must be 35 or younger)
- You are currently employed in a non-tech industry, unemployed, underemployed or in transition
- You are a resident of Lagos State, Nigeria
- You possess a track record of excellence, tenacity, and integrity.
- You are a fast learner with the determination to be excel, work hard, and make an impact
- You have either a Higher National Diploma(HND), Bachelor’s Degree, or Masters Degree.
- You have completed NYSC or have an Exemption Letter or exclusion letter.
- You have at least two credible Guarantors who are willing to vouch for you
Contact Info
address
42 Montgomery Road, Yaba
First Floor, Lagos 100212
Working Hours
Weekdays: 9 AM – 5 PM
Weekends: 10AM to 3PM (WAT)