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Financial Times raises more than $1.2 million for CAMFED International through Seasonal Appeal
CAMBRIDGE, UK, 2 March 2007 — CAMFED International, a Cambridge, UK-based organization that supports girls’ education in rural communities in Africa, announced today that it has raised more than $1.2 million through the Financial Times Seasonal Appeal.
The Campaign for Female Education (CAMFED) was honored to be the first organization selected for the Seasonal Appeal. The Financial Times ran articles every week from the beginning of December through mid-January highlighting CAMFED’s work and featuring graduates who have been empowered by the organization’s programs. The special series encouraged readers to donate to the organization and greatly increased awareness of the importance of girls’ education worldwide.
"The Financial Times was proud to support CAMFED as the beneficiary of our Seasonal Appeal, and the response from our readers was extremely generous," said Lionel Barber, the editor of the Financial Times. “Their giving will enable CAMFED to support more than 2,000 girls in Africa through to the end of their secondary education."
Since its founding in 1993, CAMFED has helped over 300,000 children in Zimbabwe, Zambia, Ghana and Tanzania to go to school. CAMFED empowers girls from impoverished backgrounds to live economically independent lives and protect themselves from HIV by supporting them through secondary school. CAMFED makes a minimum four-year financial commitment to each girl. The organization pays for all educational costs, including school clothing, fees, shoes and stationery.
“Girls’ education is recognized as the most effective weapon in the global fight against HIV/AIDS and securing education for girls in Africa promises unparalleled economic and social benefits,” said Ann Cotton, Executive Director of CAMFED International. “CAMFED thanks the Financial Times and its readers for their remarkable generosity.”
Research from international agencies including the United Nations and the UK Department for International Development has shown that for each additional year of education a woman in Africa obtains beyond elementary school, her income increases by 15 percent, her vulnerability to HIV/AIDS drops significantly, and her risk of dying in childbirth greatly decreases. An estimated 121 million children worldwide are not receiving an education; 24 million of those are girls from sub-Saharan Africa.
The Campaign for Female Education (CAMFED) is an international organization working since 1993 to solve long-term health, economic and social issues in Africa by investing in girls’ education. In 2006, more than 300,000 children in some of the poorest regions of Zimbabwe, Zambia, Ghana and Tanzania benefited from CAMFED’s education program. CAMFED is co-chair of the United Nations Girls’ Education Initiative, advises the UK government’s Department for International Development, and their founder and Executive Director, Ann Cotton, was the UK Social Entrepreneur of the Year in 2004 and a Skoll Award for Social Entrepreneurship winner in 2005. www.camfed.org