Diamond bank, Samsung, Softcom raise $100m for technology intervention on education

Group Managing Director/CEO Diamond Bank Plc, Uzoma Dozie; Chairman, Dr Chris Ogbechie; and Company Secretary, Ms Nkechi Nwosu at the 24th yearly General Meeting of the Bank in Lagos 										                                     PHOTO; SUNDAY AKINLOLU

Group Managing Director/CEO Diamond Bank Plc, Uzoma Dozie; Chairman, Dr Chris Ogbechie; and Company Secretary, Ms Nkechi Nwosu at the 24th yearly General Meeting of the Bank in Lagos PHOTO; SUNDAY AKINLOLU

IN preparation for the Future Ready university conference, Diamond Bank, Samsung Electronics and Softcom limited have secured a partnership to provide a $100 million technology intervention fund for education.

The fund is expected to increase technology adoption for universities; improve learning experiences and academic outcomes for students in Nigeria.

The alliance seals the strategic partnership between Samsung Electronics; Diamond Bank Plc and Softcom which will enable other Nigeria universities replicate the mobile learning program currently operational in Covenant University.

The conference, which is slated for June 10 and 11, at Covenant University, is expected to have in attendance over 150 key decision makers from 50 invited private and public universities across Nigeria and will allow interested universities to easily procure the solution and secure fast track bulk financing from Diamond bank.

Speaking at a press conference in Lagos to sign the Memorandum of Understanding, Managing Director, Diamond bank, Uzoma Dozie, said the mobile learning program is the future of education.

“Diamond bank is investing in this program as we realize and appreciate this initiative as the future of classroom learning, which fits into our strategic roadmap as a leading financial institution. We invite interested universities who want to positively change the face of learning within their campuses to use this as an opportunity to create a better and more sustainable learning environment for their students.

Managing Director, Samsung Electronics, West Africa, Brovo Kim said, Samsung is committed to consistent innovation and technological development especially in the area of education.

Classroom learning has taken a new shape over the past years and right now, we are convinced that this remarkable project will help students to have a better grasp of what is being taught in the classroom, help teachers to ensure every student is carried along in the learning process and help parents and guardians to regularly monitor and evaluate their ward’s course work.

We recognise and appreciate diamond bank’s understanding of this vision and encourage Nigerian universities to take full advantage of it.

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