The ARC-GSSP Scholarship Programme is open for applications. This is for outstanding African students who want to pursue advanced studies in actuarial science, risk management, and related fields. The goal is not just education. It is about strengthening Africa’s resilience to climate change by building a new generation of leaders who can actually understand and manage risk. The application deadline is 7 October 2026 at 23:59 GMT.
This initiative is a partnership between ARC Ltd. and the Global Shield Solutions Platform (GSSP). GSSP is managed by Frankfurt School of Finance & Management, with contributors including Denmark, France, Germany, Luxembourg, Ireland, the EU Commission, and the Vulnerable Twenty (V20) Group of Finance Ministers. The point is to prepare African professionals who can drive African solutions to African challenges. Not imported ideas but homegrown expertise.
An information session about the program took place on 11 September. It brought together key partners to present the initiative’s objectives, share experiences from ongoing programs, and hear from a scholarship beneficiary. If you want a better sense of what this actually looks like in practice, watch the recording from the official page. Founded in 2014, the African Risk Capacity Limited (ARC Ltd.) is a hybrid mutual insurer and financial affiliate of the African Risk Capacity Group. ARC Ltd. provides parametric insurance services to AU Member States and farmer organizations, employing innovative financing mechanisms to pool disaster-related risk across Africa.
Programme Details
- Host institutions: Leading African universities offering eligible programs in actuarial science, insurance, applied statistics, and related fields (full list below).
- Study level: Postgraduate study (full-time).
- Number of Awards: 12.
- Duration: up to 2 years.
- Eligible applicants: Citizens of African Union Member States.
ARC-GSSP Scholarship Program Benefits?
The ARC-GSSP Scholarship Programme provides selected scholars a fully funded support towards their postgraduate studies.
- Comprehensive scholarship support: Full tuition coverage for up to two years of postgraduate study, together with a living stipend, travel support and other eligible expenses, subject to the terms and conditions of the scholarship.
- Mentorship and career support: Scholars receive opportunities for mentorship and career development to help them make the most of their academic and professional journey.
- Internship opportunity: Scholars have the opportunity to undertake an internship through ARC Ltd. and its partner networks.
- A pathway to impact: The program is designed not only to support academic achievement but also to develop professionals who can apply their knowledge to strengthen Africa’s resilience to climate and disaster risks.
Study at One of the Partner Universities
The ARC-GSSP Scholarship Programme partners with leading African universities offering postgraduate programmes in actuarial science, insurance, applied statistics and related fields. Explore the participating universities and eligible programs below.
University of Cape Town – South Africa
- Postgraduate Diploma in Actuarial Science
- Learn More
École Nationale Supérieure de Statistique et d’Économie Appliquée (ENSEA) – Abidjan, Côte d’Ivoire
- Master en Actuariat
- Master en Statistique Agricole
- Learn More
Institut Interafricain de Formation en Assurance et en Gestion des Entreprises (IFAGE) – Dakar, Senegal
- Master Professionnel en Actuariat (2 years)
- Master Professionnel en Assurance (2 years)
- Learn More
University of Ghana – Accra, Ghana
- Master of Science in Actuarial Science
- Master of Philosophy in Actuarial Science
- Learn More
Important : Your university application and scholarship application are separate. Applying for the ARC-GSSP Scholarship Programme does not replace your application for admission to the university. Applicants must follow the admission requirements and application procedures of their selected university.
Other Opportunities
RC–GSSP Scholarship Program Eligibility
The ARC-GSSP Scholarship Programme is looking for talented African students with the academic background and potential to contribute 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 in fields such as actuarial science, disaster risk management, mathematics, statistics, engineering, environmental management, or a related discipline.
- Apply for an eligible full-time postgraduate programme.
- Meet the admission requirements of the selected partner university.
- Have secured, or be in the process of obtaining, admission to an eligible program at a partner university.
- Meet all other scholarship requirements.
- Commit to working in Africa for two years after graduation.
- Complete an internship in accordance with the program requirements.
How to Apply for the RC–GSSP Scholarship Program
Applying for the ARC-GSSP Scholarship Programme involves several steps. Follow them in order.
- Check your eligibility: Review the scholarship requirements and confirm that you meet the eligibility criteria.
- Choose your university and program: Explore the participating universities and select an eligible program that matches your academic background and career goals.
- Apply for university admission: Follow the admission process of your selected university and submit any required university application.
- Complete the ARC-GSSP Scholarship application: Complete the scholarship application form and provide all required supporting documents before the application deadline.
- Application review and selection: Applications are assessed against the scholarship eligibility and selection criteria. Eligible and shortlisted candidates proceed to the next stages of the selection process.
- University review and interviews: Shortlisted candidates are reviewed by the relevant university and may be invited to participate in scholarship panel interviews.
- Scholarship offer: Successful candidates receive an official scholarship offer and information about the next steps.
2026/2027 Application Timeline
- Mid-November 2026: End of interviews with the Scholarship Selection Committee.
- End of November 2026: Scholarship offers.
- December 2026: Visa and travel arrangements.
Your future can contribute to a more resilient Africa. If you are ready to develop the skills and expertise needed to help Africa better understand, manage and finance climate and disaster risks, apply for the ARC-GSSP Scholarship Programme 2026/2027.
Click here to apply if you speak English.
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Watch the information session recording: Watch
The application deadline for this scholarship program is . Late applications will not be considered. For more details on the RC–GSSP Scholarship Program for graduate studies, please visit the official page.