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Scholarship Programme from the International Capital Market Association

Dear Sir or Madam,
I am writing on behalf of the International Capital Market Association (ICMA), the global trade body that represents the international capital markets, to inform you that we are once again offering scholarships in 2022 to individuals from countries in Sub-Saharan Africa who are unable to pursue a financial qualification due to their economic circumstances, following the success of the 2021 scholarship programme.
There will be 20 scholarships that will be available to young people, between 19 to 30, who are interested in a career in finance from the following countries in Sub-Saharan Africa: Ethiopia Ghana, Kenya, Uganda, Zambia, Rwanda, Tanzania, Zimbabwe, Nigeria and South Africa. This forms part of a wider scholarship programme of ICMA, where we also provide similar opportunities in a number of Asian countries.
The scholarships provide an opportunity to study an executive education offering from ICMA and obtain a diploma in debt capital markets, securities & derivatives or in financial market operations and is part of ICMA’s mission to raise standards and support inclusion in financial markets.
We would very much appreciate if you could assist us in announcing this scholarship programme to your students and to your wider network to ensure that this opportunity reaches the students who wish to take advantage of this opportunity.
Details of the eligibility criteria as well as the steps to apply are detailed on our website: ICMA Scholarship Programme (
Should you have any questions, please contact or
International Capital Market Association (ICMA)
ICMA promotes well-functioning cross-border capital markets, which are essential to fund sustainable economic growth. It is a not-for-profit membership association with offices in Zurich, London, Paris, Brussels and Hong Kong, serving more than 610 member firms in 65 jurisdictions. Among its members are private and official sector issuers, banks, broker-dealers, asset managers, pension funds, insurance companies, market infrastructure providers, central banks and law firms. It provides industry-driven standards and recommendations, prioritising four core fixed income market areas: primary, secondary, repo and collateral and sustainable finance. ICMA works with regulatory and governmental authorities, helping to ensure that financial regulation supports stable and efficient capital markets.
Allan Malvar
Managing Director
Head of Membership and Communications

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