Lagos, 10th November 2020: As part of our commitment to education and capacity development in Nigeria, Platform Capital created the Adopt-a-School programme, aimed at improving education across primary and secondary schools in the country. This is a continuation of the work in the education vertical which began with the refurbishment and donation of 3 ultra-modern lecture halls for the University of Lagos Business School’s (ULBS) Executive MBA programme. During the refurbishment, the entire building was renovated, and lecture halls were fully fitted with state-of-the art technology including interactive white boards, sound systems and versatile furniture, to ensure a best-in-class digital learning environment for students. A similar development is currently underway at the Obafemi Awolowo University, Osun State.
The thrust of the programme involves identifying, adopting, renovating and rehabilitating schools across the country; and creating model institutions of learning for students that provides them with world class facilities and access to best-in-class learning.
For the latest phase of this initiative, City of Knowledge Academy in Ijebu-Ode, Ogun State was selected as a beneficiary of the Adopt-a-School initiative. As part of the commitment to CKA, Platform Capital will fund the sponsorship of 10 students at N30 million a year, the construction of a world-class swimming pool and multi-purpose sports hall. Platform Capital will also provide internship opportunities for students at Platform Capital and its portfolio companies.
Mrs Mosun Belo-Olusoga, Founder, City of Knowledge Academy said, “When I was setting up CKA, I wanted to give children an opportunity, who under normal circumstances would not have the chance to be educated in an institution of similar standards as CKA. As such, we solicit sponsorships from individuals and corporate institutions and we are delighted that Dr. Akindele’s vision aligns with ours, as we strive to ensure that our students are good ambassadors of our culture, of sound character and confident enough to stand shoulder-to-shoulder with their counterparts from any part of the globe.”
Dr. Ponmile Osibo, Partner, Platform Capital said, “Beyond providing long-term capital to our investee companies at Platform Capital, we also decided that it was critical for us to address deeply entrenched development challenges with innovative solutions to truly effect change. This led us to create Diatom Impact, an impact focused, research and investment organisation committed to being a global change agent through collaborative partnerships with communities, corporations, and governments. Education is 1 of Diatom Impact’s 5 key focus areas and our work there is pivotal to unlocking and transforming young minds on the continent.”
Dr. Anna Bethune, Director, Research and Impact, Diatom Impact said, “We’re very passionate about building up education infrastructure in Nigeria. This is just one of our many innovative solutions and a huge part of Dr. Akintoye Akindele’s vision as we continue to invest in the village and in being our brother’s keeper. We believe that education is one of the most important ways to ensure we build our nation for a better future. It is important that the children we sponsor are not only academically sound but are also well rounded in character and learning. We’re proud of our partnership with CKA and we believe in their 3 ethical pillars – culture, character, and confidence.”
In attendance at the formal presentation of the cheque were Mrs Mosun Belo-Olusoga, Founder, City of Knowledge Academy; Ms Abiola Lamikanra, Head of School, City of Knowledge Academy; Mr Emmanuel Kolapo, Vice Principal (Academics); Mr Edwin Bankole, Vice Principal (Administration & Pastoral Care), Dr. Anna Bethune, Director, Research and Impact, Diatom Impact; and Mrs Sharon-Ann Adaigbe, PR & Communications Manager, Platform Capital.
Photo (L-R): Ms. Abiola Lamikanra, Head of School, City of Knowledge Academy; Dr. Anna Bethune, Director, Research and Impact, Diatom Impact; Mrs. Sharon-Ann Adaigbe, PR & Communications Manager, Platform Capital; and Mrs. Mosun Belo-Olusoga, Founder, City of Knowledge Academy;
About Platform Capital
Platform Capital is a growth markets focused, sector agnostic, principal investment and advisory firm. We deploy patient, value accretive capital alongside international and local value investors to create champion businesses with the potential for regional or global scale. Platform also provides end-to-end bespoke Corporate Finance & Capital Markets advisory services. What makes us different is our obsession with changing the African narrative.