Africa is projected to be the world’s second-fastest growing economy by 2020. The Stanford GSB is excited to contribute to the region’s human and economic development by educating leaders committed to making an impact on the continent. The Stanford Africa MBA Fellowship Program pays for tuition and associated fees (approximately US $170,000) for citizens of African countries with financial need who wish to obtain an MBA at Stanford GSB. Stanford will award up to six Stanford Africa MBA Fellowships annually. For those who are applying and make less than US$20,000, the Stanford Graduate School of Business Admissions will waive your application fee. Within two years of graduation from Stanford GSB, Stanford Africa MBA Fellows are required to return to Africa to work for at least two years in a professional role that contributes positively to the continent’s development; thus fellows must live and work in Africa for at least two years by the time they are four years out of the Stanford MBA Program.