Hyundai Motor Group established a scholarship system to foster African talent at the University of London, UK
Feb 12, 2025
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Hyundai Motor Group and SOAS signed a 'Hyundai Motor Group Scholarship Donation Agreement' at the University of London's SOAS Senate Chamber on the 10th (local time).
SOAS is one of the 17 colleges that make up the University of London and is an educational institution that trains experts specializing in research in developing countries, especially in Asia and Africa.
The event was attended by key figures from both sides, including Kim Heung-soo, vice president of Hyundai Motor Group's Global Strategy Office (GSO), Ashley Andrew, managing director of Hyundai Motor & Genesis's UK subsidiary, Simon Hetherington, managing director of Kia's UK corporation, Adam Habib, dean of the University of London, Elisa Van Weyenberg, and professor Christopher Cramer.
Hyundai Motor Group will select five master's and doctoral students from Africa in SOAS every year for five years from the first half of this year, and operate the SOAS' largest scholarship system that provides a total of £1.5 million in tuition and living expenses.
Scholarship recipients plan to continue network activities for Hyundai Motor Group's establishment and implementation of the African cooperation model by periodically participating in various network events and seminars hosted by Hyundai Motor Group even after the end of their studies.
In addition, Hyundai Motor Group will introduce Hyundai Motor Group's vision for the future of Africa and provide global business experiences through the operation of the 'Junior Internship Course' for bachelor and master's students from Africa within SOAS.
Hyundai Motor Group is establishing an innovative cooperation model by gathering the capabilities of the group to cooperate with African countries with the goal of realizing the group's vision of 'comparing to a better future'.
To this end, Hyundai Motor Group and SOAS established the ▲ Development Leadership Dialogue Institute (DLD), where public-private experts discuss industrialization measures in developing countries, including ▲ Africa, and ▲ Center for Sustainable Structural Transformation (CSST), which studies structural changes for Africa's development.
Hyundai Motor Group is establishing DLD and CSST centers with SOAS for a fundamental understanding of Africa, and seeking a cooperative model for a desirable future in Africa, said Kim Heung-soo, vice president of GSO of Hyundai Motor Group. "We want to establish a scholarship system for Hyundai Motor Group and foster future generations in Africa to foster next-generation leaders who lead Africa's sustainable development."
Expanding opportunities for students from developing countries, including Africa, to receive education at SOAS is at the heart of our mission, said Adam Habib, president of the University of London. "We appreciate Hyundai Motor Group's continued support of SOAS to develop vision and capabilities that can lead to sustainable and positive change, and we look forward to gradually expanding collaboration to foster African talent."
Hyundai Motor Group plans to foster internal and external experts for Africa's sustainable development during the global economic crisis and continue to build a mid- to long-term cooperation model for Africa's next generation.
Reporter Kim Hyung-joon hj.kim@carguy.kr
This article was translated by Naver AI translator.
