Education partners debut on Qore platform, aiming to disrupt financial structures in education across Africa and further advocating for crucial Sustainable Development Goals.
The partnership between Qore Technologies and Ed Partners is revolutionizing education financing in Africa by creating a scalable, tech-driven platform that offers schools faster, smarter, and more reliable financial services. This collaboration leverages Africa's large and growing digital payments ecosystem to innovate how educational institutions access and manage funding.
The partnership has a significant impact on the education financing landscape by:
- Boosting Economic Growth: Each additional year of schooling is linked to up to a 10% increase in GDP in low- and middle-income countries, highlighting the economic return of improved education access and infrastructure supported by better financing.
- Improving Learning Outcomes: Streamlined financing enables schools to invest in critical infrastructure, skilled teachers, and educational tools, which in turn elevate student achievement across the continent.
- Enhancing Employability: More reliable and accessible funding equips educational institutions to prepare students for a rapidly changing, digital-first economy, aligning education outputs with market needs.
The collaboration aligns closely with the United Nations Sustainable Development Goals (SDGs), particularly:
- SDG 4 (Quality Education): By facilitating inclusive and effective funding models, the partnership helps expand access to quality education at scale, addressing Africa's growing school-age population projected to reach nearly 750 million by 2060. This support ensures more children can receive a better education, improving equity and outcomes.
- SDG 9 (Industry, Innovation, and Infrastructure): The collaboration exemplifies innovation through the use of homegrown technology and digital payment platforms, fostering resilient infrastructure for education financing and promoting sustainable industrialization and innovation within the African context.
In summary, the Qore–Ed Partners collaboration disrupts traditional education financing by leveraging cutting-edge, scalable technology and strategic partnerships, thereby advancing critical SDGs in Africa through more inclusive growth, improved education quality, and strengthened innovation ecosystems.
Notes:
- Qore Technologies is a leading Fintech Infrastructure and Banking-as-a-Service provider, trusted by over 520 institutions across 9 countries.
- Qore's robust, regulation-aligned unified platform delivers secure, efficient, and scalable financial services to schools.
- Qore processes over $100 million in loan disbursements monthly.
- Ed Partners offers accessible and affordable financial solutions to schools and education institutions in Africa, impacting the lives of over 120,000 students across more than 400 schools in Africa.
- Qore's BankOne and Recova platforms have demonstrated a 49% increase in loan disbursements at e-Barcs MFB.
- Qore's infrastructure automates core lending functions such as loan origination, processing, and collections.
- The partnership enables institutions to access more flexible and competitive financial products.
- The partnership creates opportunities for inclusive growth in education financing across Africa.
- The launch represents a transformative shift in how education finance is delivered.
- The partnership aims to transform the education financing landscape across Africa.
- Qore's platforms have achieved 80% automation at Reliance Financial Services.
- Africa's school-age population is projected to reach nearly 750 million by 2060.
- Each additional year of schooling is linked to up to a 10% increase in GDP in low- and middle-income countries.
- The partnership creates a scalable, tech-driven platform that offers schools faster, smarter, and more reliable financial services.
- The partnership leverages Africa's large and growing digital payments ecosystem to innovate how educational institutions access and manage funding.
- The partnership aligns closely with the United Nations Sustainable Development Goals (SDGs).
- The collaboration exemplifies innovation through the use of homegrown technology and digital payment platforms.
- The collaboration fosters resilient infrastructure for education financing and promotes sustainable industrialization and innovation within the African context.
- The partnership helps expand access to quality education at scale.
- The partnership supports more children to receive a better education, improving equity and outcomes.
- The partnership disrupts traditional education financing by leveraging cutting-edge, scalable technology and strategic partnerships.
- The partnership advances critical SDGs in Africa through more inclusive growth, improved education quality, and strengthened innovation ecosystems.
[1] Source: Qore Technologies press release, dated [date] [3] Source: Ed Partners annual report, dated [date]
- This tech-driven collaboration between Qore Technologies and Ed Partners in the realm of fintech is refining Africa's finance and business sector by establishing a scalable platform that transforms education financing, offering educational institutions quicker, smarter, and more dependable financial services, thus bolstering economic growth and contributing to SDG 4 and SDG 9.
- By utilizing homegrown technology and digital payment platforms in their partnership, Qore Technologies and Ed Partners enhance education-and-self-development in Africa through improved learning outcomes by streamlining financing, enabling schools to invest in crucial infrastructure, skilled teachers, and educational tools, and by preparing students for a digital-first economy, making their offerings more competitive and innovative, thereby aligning with the United Nations Sustainable Development Goals (SDGs).