The SEMONA Foundation is the Corporate Social investment(CSI) wing and Economic Development agent of the SEMONA Group of Companies. The SEMONA Foundation – which is the brainchild of Lorraine Masipa – Group CEO of the SEMONA Group, aims to establish itself as a recognised change and development agent with regards to assisting previously-disadvantaged youths to access and find spaces in the oil, ga
s and energy sector of South Africa. With its first operations having started in January 2015 – the foundation’s key activities and functions are in the areas of mentorship and incubation, as well as in the area of education and bursaries, with the objective of financing the tertiary education of those students that have an interest in degrees that will see them enter and participate in the energy sector of South Africa. In the area of incubation and mentorship, the SEMONA Foundation’s ethos is based on using the infrastructure established within its mother company (The SEMONA Group), to be an effective catalyst that makes it possible for those who would have otherwise not had access to businesses within the energy sector, to be guided and assisted into making careers within this field.
