Mwalimu Nyerere Foundation Receives $3m Grant From Greyhorse Clearinghouse Ltd Towards Its Endowment
DAR-ES-SALAAM, TANZANIA – As part of its major auxiliary initiatives, Greyhorse Clearinghouse Ltd (UK), a subsidiary of Greyhorse Financial Corporation (USA) is pleased to announce the establishment of its Three Million Dollar ($3,000,000.00) Mwalimu Nyerere Foundation (MNF) Endowment Fund.
This Endowment is entirely a private-sector initiative rooted in corporate trusteeship. It primarily addresses the institutionalization of result-oriented, commercialized financial interventions in aid of clear objectives of the MNF and all of its active stakeholders going forward. Topmost priority is accorded to financial inclusion via self reliance initiatives of the stakeholders and beneficiaries of the MNF, in all of their charitable and allied endeavours via the Foundation.
The scope of relevance of this Endowment is to consequentially bring together all facets of productive operations of the Foundation for mutual advantage and that of the beneficiaries. The interest and co-involvement of all stakeholders and representatives from the Foundation and its good works informs and helps to formulate the Endowment.
Administration and management of the Endowment is by Greyhorse Asset Management Company division acting through a designated endowment trust council which includes selected expert personnel from the Foundation. Actual contribution and trusteeship are the direct responsibility of Greyhorse acting through its collaborative proprietary worldwide financial networks under the leadership of its Founder and Executive Chairman, Mr. Rahim Thawer, and its Boards and Associated Firms and Institutional Funds in New York and London.
About Greyhorse Clearinghouse Ltd (UK)
Greyhorse Clearinghouse Limited is a Cross-Border Multi-Currency Blockchain-based Decentralized Clearinghouse that provides custodial settlement services via its external fully collateralized funds.
Through its 100% Insured and Proprietary Digital Financial Infrastructure which allows Retail and Institutional Clients immediate Multi-Currency Liquidity. Registered Clients can also Lend, Borrow, Swap and Invest in Domestic and International Securities Markets through our Registered Affiliates as well as Securitize all of their Assets into Dollarization to Hedge against Currency Devaluation and/or Inflation.
Established in 2020 in London, UK. With Over US$2.7B in Assets Under Management Representing institutional and retail clients. Greyhorse Clearinghouse Ltd is one of the Largest Decentralized Clearinghouses and remains a leading service provider to various Financial Institutions in both Developed & Emerging Markets.
Any requests for further information should be addressed to [email protected]
About Mwalimu Nyerere Foundation
The Mwalimu Nyerere Foundation (MNF) was established in June 1996 as a permanent tribute to Mwalimu Julius K. Nyerere’s contribution to improving sustainably the quality of human relations. The Foundation is a Non-Profit, not affiliated with any political party or government. It is an intellectually and politically independent body.
The Foundation works to promote peace, unity and people-centred self-reliant development throughout the World and particularly in Africa. The Foundation’s work is based on Mwalimu Nyerere’s belief in the fundamental principle that all humanity, regardless of their differences, are the purpose and justification for the existence of society; and all human activity in any given society.
This philosophy demands that communities everywhere should enjoy and develop themselves within the context of freedom and democracy based upon good governance and social justice. The Foundation believes that people are central to any process of development. Therefore, their culture, needs, aspirations, desires and fears must set the development agenda. That development agenda is legitimated through the people’s active participation in all decisions concerning their lives and livelihoods. The absolute necessity for equity of access to resources, opportunities for prosperity, personal fulfilment, basic rights and community advancement must inform the process at all times. The Foundation is dedicated to offering service to the people by distinguished performance in working with people; encouraging, supporting and facilitating their activities in the process of their capacity building and search for prosperity and progress.
Any requests for further information should be addressed to [email protected]
Media Contact
Company Name: Mwalimu Nyerere Foundation
Contact Person: Media Relations
Email: Send Email
Country: United States
Website: https://nyererefoundation.org/
