Overview
| Criteria | Details |
|---|---|
| Programme | ARC–GSSP Scholarship 2026/2027 |
| Organizers | ARC Ltd. & Global Shield Solutions Platform (GSSP) |
| Funding Type | Fully Funded |
| Level | Postgraduate (Master's/MPhil/Diploma) |
| Duration | Up to 2 years |
| Eligibility | African Union Member State citizens |
| Study Location | Leading African universities |
| Application Deadline | 7 October 2026 (23:59 GMT) |
About the ARC–GSSP Scholarship Programme
The ARC–GSSP Scholarship Programme represents a strategic investment in African talent and climate resilience. Launched by the African Risk Capacity Limited (ARC Ltd.) in partnership with the Global Shield Solutions Platform (GSSP), this initiative aims to develop the continent's next generation of experts in actuarial science, disaster risk management, and climate resilience.
Rather than simply funding academic studies, the scholarship cultivates professionals capable of improving disaster risk financing, climate adaptation, agricultural resilience, and sustainable insurance systems across Africa. Through comprehensive financial support, mentorship, internships, and career development opportunities, scholars are prepared to create innovative African solutions to Africa's growing climate challenges.
The programme is jointly implemented by ARC Ltd. and the GSSP, which is managed by the Frankfurt School of Finance & Management with support from international partners including Denmark, France, Germany, Luxembourg, Ireland, the European Commission, and the Vulnerable Twenty (V20) Group of Finance Ministers.
For students exploring other opportunities to study on the continent, the Nordic Africa Institute programmes also offer valuable research and academic support for African scholars.
What the Fully Funded Scholarship Covers
Selected scholars receive comprehensive financial support for up to two years of full-time postgraduate study:
| Benefit | Description |
|---|---|
| Full Tuition Fees | Complete coverage of academic tuition |
| Living Stipend | Regular allowance for daily expenses |
| Travel Support | Assistance with travel costs |
| Academic Expenses | Coverage of eligible study-related costs |
| Mentorship | Professional guidance and career development |
| Internships | Opportunities through ARC Ltd. and partner institutions |
Eligibility Requirements
The scholarship is open to talented students from African Union Member States who demonstrate strong academic potential and commitment to Africa's resilience and risk management capacity.
To be eligible, applicants must:
- Be a citizen of an African Union Member State
- Hold a relevant undergraduate degree
- Apply for an eligible full-time postgraduate programme
- Meet the admission requirements of a participating university
- Have secured, or be in the process of securing, university admission
- Meet all scholarship eligibility requirements
- Commit to working in Africa for two years after graduation
- Complete the required internship component
Eligible Academic Backgrounds
| Field | Related Disciplines |
|---|---|
| Actuarial Science | Core focus area |
| Mathematics & Statistics | Applied and theoretical |
| Engineering | Various specializations |
| Disaster Risk Management | Risk assessment and planning |
| Environmental Management | Climate and sustainability |
| Insurance | Financial risk products |
Partner Universities and Eligible Programmes
The ARC–GSSP Scholarship Programme partners with leading universities across Africa offering specialised postgraduate degrees:
| University | Country | Eligible Programmes |
|---|---|---|
| University of Cape Town | South Africa | Postgraduate Diploma in Actuarial Science |
| University of Ghana | Ghana | MSc & MPhil in Actuarial Science |
| ENSEA – Abidjan | Côte d'Ivoire | Master in Actuarial Science; Master in Agricultural Statistics |
| IFAGE – Dakar | Senegal | Professional Master in Actuarial Science; Professional Master in Insurance |
Applicants should carefully select the programme that aligns with their academic background and long-term career goals.
For those interested in international study options beyond the continent, consider exploring the University of Michigan African Presidential Scholars Program as an alternative pathway for African academics.
Students seeking fellowship opportunities in specialised fields may also find the Chevening British Library Coptic Collections Fellowship an interesting option for research-focused careers.
How to Apply
| Resource | URL |
|---|---|
| Official Website | https://arcltd.org/scholarship/ |


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