21 June 2018 – insight2impact (i2i) and the African Institute for Mathematical Sciences – Next Einstein Initiative (AIMS-NEI) are pleased to announce a partnership to support the development of African data scientists and innovators who are eager to apply their skills for good in the financial sector.
Regarding the partnership, i2i lead Hennie Bester says, “We are thrilled to partner with AIMS where the next generation of African data scientists are being trained. At i2i, we believe that Africa is well able to raise up a new generation of data scientists that will apply their skills to change the future of individuals, communities and nations. Whereas our own focus is on advancing the delivery of financial products that serve the needs of low-income people through data, the data scientists to whom we offer opportunities will surely go on to serve in many fields. We are confident that many of them will be AIMS alumni!”
The signed agreement formalises the relationship between two initiatives united in their desire to see a generation of emerging African leaders and innovators drive economic transformation on the continent by leveraging the tools of the 4th Industrial Revolution – data and technology.
Areas of collaboration between i2i and AIMS-NEI covered in the agreement include:
- Partnering on innovation competitions and challenges, including i2i’s DataHack4FI Innovation Competition and AIMS-NEI’s Big Data for Development (BD4D) Challenge
- Data science career progression support, notably opportunities for work-integrated learning and mentorship in the financial and technology sectors
- Joint research projects on the applications of mathematical and data sciences in the financial sector and related technology fields
“At AIMS, we are working, through the co-operative programme, to train mathematical scientists who can solve existing industry challenges and devise new ways of doing things. This has particularly worked in the financial sector where data is king. We are proud to partner with i2i to provide further opportunities to our students and alumni that will culminate in impactful results in the financial sector – whether through work-integrated learning, common research projects, etc. We look forward to seeing the results,” said Mr Thierry Zomahoun, President and CEO of AIMS-NEI.
About the parties:
insight2impact (i2i) is a resource centre that supports the use of data for good in the financial sector. It supports data-driven decision-making for improved financial service provision to unserved or underserved client segments in Africa. Launched in 2015, i2i is jointly hosted by FinMark Trust and Cenfri and is funded by The Mastercard Foundation and the Bill & Melinda Gates Foundation. For more about i2i, see http://i2ifacility.org/.
The African Institute for Mathematical Sciences – Next Einstein Initiative (AIMS-NEI) is a Pan-African network of Centres of Excellence for postgraduate training, research and public engagement in mathematical sciences that enable Africa’s brightest students to become problem solvers and innovators that propel scientific, educational and economic self-sufficiency. For more about AIMS-NEI, see https://nexteinstein.org/.