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| NMB Bank's Chief Human Resources Officer, Emmanuel Akonaay (second right) and Nelson Mandela Institute Vice Chancellor, Prof. Maulilio Kipanyula (second left) exchange Memorandum of Understanding to promote technology between their institutions. They are flanked by NMB's Chief of Technology, Kwame Makundi (right) and Mandela Institute's Deputy Vice-Chancellor, Prof. Anthony Mshandete (left). |
Arusha: NMB Bank has entered into a Strategic Cooperation Agreement (MoU) with the Nelson Mandela African Institution of Science and Technology (NM-AIST). This partnership aims to identify, incubate, and develop talents in digital technology innovation.
The agreement will also facilitate the execution of research and innovations by NM-AIST graduates and experts, addressing societal challenges and offering technological solutions, particularly in finance, entrepreneurship, and employment sectors.
During the signing ceremony, NMB Bank's Chief Human Resource Officer, Emmanuel Akonaay, expressed gratitude to NM-AIST for the partnership. He emphasized that this agreement represents a continued effort to foster education and innovation in tandem with advancing technological issues.
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“Today, we are not just signing an agreement; we are establishing a solid foundation for technological growth in the country. We believe that sustainable development heavily relies on enhancing human resource capabilities in knowledge and skills to navigate significant technological changes,” he remarked.
“In this partnership, NMB Bank commits to nurturing diverse talents to develop highly skilled individuals in information and communications technology (ICT) who will help address various financial challenges,” he added.
Akonaay also stated that the agreement will explore and utilize research conducted by NM-AIST students, especially those addressing financial issues among citizens.
The agreement will also facilitate the execution of research and innovations by NM-AIST graduates and experts, addressing societal challenges and offering technological solutions, particularly in finance, entrepreneurship, and employment sectors.
During the signing ceremony, NMB Bank's Chief Human Resource Officer, Emmanuel Akonaay, expressed gratitude to NM-AIST for the partnership. He emphasized that this agreement represents a continued effort to foster education and innovation in tandem with advancing technological issues.
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“Today, we are not just signing an agreement; we are establishing a solid foundation for technological growth in the country. We believe that sustainable development heavily relies on enhancing human resource capabilities in knowledge and skills to navigate significant technological changes,” he remarked.
.jpeg)
“In this partnership, NMB Bank commits to nurturing diverse talents to develop highly skilled individuals in information and communications technology (ICT) who will help address various financial challenges,” he added.
Akonaay also stated that the agreement will explore and utilize research conducted by NM-AIST students, especially those addressing financial issues among citizens.
Additionally, he mentioned that graduates will have opportunities for practical training within their institution and to trial their technological innovations, focusing on solutions for the financial sector in the country.
“Our goal is to advance technologies that promote entrepreneurship, solve various challenges in the financial sector, and create employment opportunities for youth, whether by hiring or self-employment. Thus, we focus on developing talents in digital technologies and supporting research and innovation,” he said.
NM-AIST's Vice-Chancellor, Professor Maulilio Kipanyula, expressed gratitude to NMB Bank for supporting students and graduates, noting that it would significantly drive the education sector, especially for talented youths in technology and ICT.
“Our institution is committed to postgraduate education and research. To achieve these goals, we require collaboration with stakeholders to ensure our educational efforts bear fruit, which is why we are grateful to NMB Bank,” he stated.
He highlighted that part of the agreement emphasizes developing talents in digital technology, including identifying, incubating, and advancing them, and using NMB as a practical training platform.
“We aim to equip youth with knowledge in technology and innovation, recognizing it as an opportunity to contribute meaningfully to creating new jobs through technology,” he explained.
Erica Kimei, a student at the institution, noted that a major challenge for higher education students is support in conducting impactful research. “You may dedicate yourself to comprehensive research, but due to financial constraints, it ends up in documents. Therefore, we urge higher education and financial institutions to continue such collaborations to enhance innovation, technology, and various research breakthroughs,” he stated.
“Our goal is to advance technologies that promote entrepreneurship, solve various challenges in the financial sector, and create employment opportunities for youth, whether by hiring or self-employment. Thus, we focus on developing talents in digital technologies and supporting research and innovation,” he said.
NM-AIST's Vice-Chancellor, Professor Maulilio Kipanyula, expressed gratitude to NMB Bank for supporting students and graduates, noting that it would significantly drive the education sector, especially for talented youths in technology and ICT.
“Our institution is committed to postgraduate education and research. To achieve these goals, we require collaboration with stakeholders to ensure our educational efforts bear fruit, which is why we are grateful to NMB Bank,” he stated.
He highlighted that part of the agreement emphasizes developing talents in digital technology, including identifying, incubating, and advancing them, and using NMB as a practical training platform.
“We aim to equip youth with knowledge in technology and innovation, recognizing it as an opportunity to contribute meaningfully to creating new jobs through technology,” he explained.
Erica Kimei, a student at the institution, noted that a major challenge for higher education students is support in conducting impactful research. “You may dedicate yourself to comprehensive research, but due to financial constraints, it ends up in documents. Therefore, we urge higher education and financial institutions to continue such collaborations to enhance innovation, technology, and various research breakthroughs,” he stated.
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