NELFUND Receives Continental Recognition for Student Financing Reforms

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22/09/26 • 89 vistas • 0 Compartir • Publicado en Otro

The Nigerian Education Loan Fund (NELFUND) has received continental recognition for its growing role in advancing student financing in Nigeria.

The Fund was presented with a Certificate of Observership by the Association of African Higher Education Financing Agencies (AAHEFA) following its participation in the association’s sixth International Conference and Annual General Meeting in Accra, Ghana.

The conference brought together education financing agencies from 18 African countries to examine how technology can improve access to higher education financing across the continent.

Held under the theme, “Digital Transformation in Higher Education Financing: The Role of Technology Advancements in Ensuring Sustainable, Inclusive and Resilient Higher Education Financing Systems in Africa,” the meeting focused on the sustainability of student financing schemes and the use of digital tools to make them more inclusive and resilient.

NELFUND representatives, Monalisa Dike and Stephanie Abughdyer, presented Nigeria’s experience during the country presentations at the AGM and contributed to discussions on emerging challenges and innovations in higher education financing.

The Fund’s participation subsequently earned it formal recognition through the Certificate of Observership, which was presented to NELFUND Managing Director and Chief Executive, Akintunde Sawyerr.

Receiving the certificate, Sawyerr described the recognition as a significant milestone for NELFUND, saying it would strengthen the Fund’s visibility and engagement within Africa’s higher education financing community and beyond.

He said the platform would enable NELFUND to learn from peer institutions while also contributing Nigeria’s experience to discussions on sustainable models for financing higher education across Africa.

Sawyerr also commended Dike for her commitment to strengthening NELFUND’s engagement and representation within the AAHEFA platform.

The recognition places NELFUND within a broader continental conversation on the use of technology, data and digital platforms to address persistent challenges in higher education financing.

The Fund said its participation would also provide opportunities to exchange knowledge and deepen partnerships with sister institutions as Nigeria continues efforts to expand access to education financing.

NELFUND added that the engagement underscored its commitment to developing a more inclusive, transparent, sustainable and resilient student financing system through the use of technology.

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