- April 25, 2019
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Bridge International Academies - The Best Technology Product/Service in Wealth and Society in West Africa at the Global Wealth and Society Awards West Africa 2019
- Utlising technology designed for low-infrastructure environments to deliver a consistent service at scale
- Creating employment opportunities in Africa and delivering tangible results for students
- Partnering with the public sector to raise standards
Lagos, April 25th 2019- Bridge International Academies received the The Best Technology Product/Service in Wealth and Society in West Africa award at The Wealth and Society West Africa Awards 2019. The award ceremony was held in conjunction with a Roundtable Dialogue comprised of private bankers, impact investors, and related parties, at the Eko Hotel Lagos, Nigeria.
The Global Wealth and Society programme opened in London in 2018 out of the belief that wealth can be a force for good. As such we look for instances everywhere in the world where wealthy individuals, institutions and funds were targeted to make an impact in their local communities or the world at large.
The programme is predicated on the belief that the best financial institutions are able to understand and look after its client's personal aspiration as well as family and business interests through exceptional service, conducted with integrity, a deep empathy of its client's needs, and superior and timely product innovation resulting in the preservation and expansion of the client's wealth in their lifetime. Recipients of these awards underwent a stringent and comprehensive evaluation process.
Standing from left: Members of the International Advisory Council of the Global Wealth and Society Awards programme; Gordian Gaeta and Urs Bolt with Oladapo Olarinmoye, Managing director, Nigeria and Adesuwa Ifedi, Vice President Policy and Partnerships, Africa.
Utlising technology designed for low-infrastructure environments to deliver a consistent service at scale.
Using what it calls the ‘school in a box’ model, a highly-standardised approach with scripted lessons and the development of an innovative technology platform focused on data gave Bridge International Academies the ability to deliver a consistent service at scale.
Utilising technology created in Silicon Valley, compatible with 2G devices, the system is designed to work in low-infrastructure environments and rural conditions – providing access to education to some of the most underprivileged children.
Creating employment opportunities in Africa and delivering tangible results for students
Ranked as one of the top ten employers in Africa, Bridge International Academies is also the only social enterprise named in the top 100 choice employers in Africa in a list dominated by multinationals and multilateral organisations with numerous studies reporting better than the national average pupil performance, as well as markedly lower rates of teacher absenteeism. Over the last decade it has impacted half a million children.
Partnering with the public sector to raise standards
Currently there are 1,300 schools consisting of a mixed range of models: From low-cost schools to public-private schools where the teachers are on the government payroll but trained by the company.
For example, in 2019, Bridge International Academies has been the technical partner for the Edo State. EdoBEST which is a programme that aims to transform the entire public school system of the state.
At the awards ceremony, Stanbic IBTC Pension Managers Limited was named the Best Asset/Fund Management Company in Wealth and Society West Africa, while Stanbic IBTC Asset Management Limited was named the Best Private Banking Business in Wealth and Society West Africa. The recipient of the SME Entrepreneur of the Year Award in Wealth and Society West Africa went to Odunayo Eweniyi, Co-Founder of fintech online savings platform PiggyVest.
For specific details relating to description of the awards, evaluation criteria and process, kindly visit http://www.wealthandsociety.com/theglobalwealthandsocietyawards/criteria
For all Wealth and Society West Africa Awards 2019 photos, please visit https://www.facebook.com/pg/wealthandsociety/photos/?tab=album&album_id=368836930527229
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