Sterling Bank has signed a memorandum of understanding (MoU) with Africa EDUCare, an innovative education and healthcare solutions company, aimed at transforming higher education in Nigeria.
The MoU was conceived to deploy UnifyTM, the bank’s education management solution, to enable EDUCare achieve its dream of floating the Maranatha Institute of Science and Technology (MIST), which will focus on Science, Technology, Engineering, Agribusiness, and Medicine (STEAM) curriculum.
Speaking at the signing ceremony held recently in Lagos, the Divisional Head for Business Growth and Transaction Banking at Sterling Bank, Mr. Obinna Ukachukwu, said education would remain a critical sector of the bank’s health, education, agriculture, renewable energy and transportation (HEART) strategy.
Chief Executive Officer and President of Africa EDUCare, Prof James Makinde, said the partnership presents great development prospects for the country, while restating his organisation’s resolve to revolutionise education and revitalise national economy for global impact through tertiary and vocational education (TVE) that transfers skills usable in the marketplace.
The former vice-chancellor of Babcock University, , expressed optimism that the alliance would, in the nearest future, transform the education sector and assist in transforming this vision into reality.
Present at the signing ceremony were Adatugo Oyebanji, General Manager, Café One (UNIFY); Olufunso Olunaike, Chief Technical Officer, Café One (UNIFY); Prof. Kamar T. Adeleke, President/CEO of Tristate Healthcare System and Executive Vice President, Healthcare for Africa EDUCare.
By Silver Nwokoro