PRESS RELEASE

Fraud Alert: World Bank Warns of Pan African Scholarship Scam

February 24, 2017

The World Bank’s attention has been drawn to a fraudulent scheme being advertised as the “2017 Undergraduate Pan African Scholarship”.  Several correspondences targeting undergraduate students are being circulated falsely claiming that this is a World Bank initiative and demanding processing fees from prospective awardees.

Please note that:

  • The World Bank is not behind this alleged Pan African Scholarship
  • The World Bank does not charge any fees at any stage of its scholarship award process
  • The World Bank does not request for personal financial information for applicants to its scholarship programs

The World Bank therefore advises the general public to verify any information regarding scholarships offered by the Bank at the following website:  http://www.worldbank.org/en/programs/scholarships. The World Bank will not be held responsible for any refunds of fees solicited by fraudsters purporting to act on its behalf. 

Media Contacts
Olufunke Olufon
Tel : +234 703 583 0641
oolufon@worldbank.org