Oshwal community to build Sh3bn varsity in Thika
The Visa Oshwal community owns and operates Oshwal Centre, Oshwal schools and colleges, Oshwal library and Oshwal sports complex. The Oshwal University will exist alongside the Oshwal College located in Parklands, Nairobi. Mrs Prathap said the varsity will be funded through own cash reserves as well as input by donor agencies and financial institutions. The community is seeking loans from within and outside the country to finance the project.
"The development will begin once the Letter of Interim Authority is granted," she said. The Thika campus will have the main administration block, library, laboratories, tuition blocks, offices, common rooms, lecture theatres and auditorium.
The Oshwal College currently offers diploma and professional courses and business-related degree courses in collaboration with University of Greenwich and University of London. The college enrols 1,000 students annually. It is also one of two colleges in the country offering Chartered Financial Analyst-CFA.
"The prospect for Oshwal community and Oshwal Education & Relief Board (OERB) is to create and build an institution that will exploit its current strengths and position itself firmly as a community that not only runs efficient and leading businesses but also that can help in nation building through the creation of The Oshwal University."
The University hopes to start admitting students in 2016. It will initially offer three undergraduate degree programmes in education, commerce and technology. Post-graduate and diploma programmes in law, ICT, entrepreneurship, fashion design and interior design and others will be launched in subsequent phases.
The university will also support young entrepreneurs and SMEs in agriculture, manufacturing and services through dedicated training and leadership development.