Strategic Partnership between The University of Ngaoundéré and Afriland First Bank

On 7 August 2024, The University of Ngaoundéré, under the leadership of Professor Mamoudou Abdoulmoumini, took a new step in its pursuit of academic and professional excellence by signing a framework partnership agreement with Afriland First Bank. This solemn signing took place in the presence of the representative of the Managing Director of Afriland First Bank, Mr Mboklem André, marking a key moment in the development of relations between the university institution and the financial sector.

Objectives of the Partnership

In his address, Professor Mamoudou Abdoulmoumini highlighted the main objectives of this agreement, which aim to strengthen collaboration between The University of Ngaoundéré and Afriland First Bank. The key points of this partnership include:

• Traceability of Payments: Ensuring effective traceability of university fee payments, thereby reducing the risk of errors and improving financial transparency.
• Streamlining of Transfers: Simplifying and streamlining the process of transferring university fees, thereby facilitating transactions for students and the university.
• Socio-professional Integration: Promoting the socio-professional integration of students through increased collaboration between the university and the bank.
• Integration of Practical Modules: Integrating practical modules and the banking system into academic teaching, thereby providing students with training in line with market realities.
• Internships and Apprenticeships: Facilitating access to practical internships for students, thereby strengthening their experience and employability.

A Mutually Beneficial Collaboration

The Rector expressed his enthusiasm about the collaboration with Afriland First Bank, describing it as a successful model that will benefit both parties. This agreement forms part of a broader university strategy aimed at establishing solid partnerships with key players in the financial sector.

For his part, the representative of Afriland First Bank, Mr Mboklem André, promised to offer banking services specially tailored to the needs of the teaching staff and students of The University of Ngaoundéré. He also announced that the bank is committed to offering internships to students and recruiting the university’s best talent, thereby contributing to their integration into the labour market.

An Ongoing Partnership

This agreement with Afriland First Bank follows an initial step taken on 8 July 2024, when The University of Ngaoundéré signed a partnership agreement with CCA Bank. These collaborations demonstrate the university’s determination to open up further to the professional world and to strengthen ties between the academic sphere and the banking sector.

The signing of this agreement between The University of Ngaoundéré and Afriland First Bank marks a significant step forward in improving the services offered to students and teaching staff, while strengthening graduate employability. This promising partnership illustrates the strategic vision of Professor Mamoudou Abdoulmoumini, aimed at making The University of Ngaoundéré a leading institution in Cameroon and beyond.