Formed in 2017, the Honoris network constitutes 15 institutions spread across 10 countries in North, West, Central and Southern Africa, doubling in recent years to accommodate over 61,000 students. Honoris’ approach to education through collaborative intelligence serves as a strong platform to unite markets across borders, aligned to the principles underpinning the AfCFTA and the AU Agenda 2063, whilst equipping tomorrow’s workforce with the requisite skills to thrive in industries undergoing radical transformation and disruption amidst the Fourth Industrial Revolution (4IR).
Africa is a continent of tremendous untapped potential, with more than 420 million youth aged 15 to 35. The increase in human-machine interaction shaping the 4IR is creating new types of jobs and demanding a unique combination of digital and human skills in the modern workplace. More than 130 million new jobs will likely emerge across the globe before 2030 as a result of the 4IR, which will require a set of soft and technical skills which are currently unmet by the traditional education models in place.
PwC recently surveyed global CEO’s from over 90 territories to assess the availability of 4IR skills and in Africa, 87% expressed concerns about the availability of key skills compared to 79% of other correspondents. Honoris is addressing this by reimagining education for the 4IR with its Education for Impact mission, widening access to quality education and preparing future leaders to address the continent's most pressing development issues and contribute to Africa’s transformation.
Honoris Group CEO, Dr Jonathan Louw, commented: “By living our core values of collaborative intelligence, cultural agility, and mobile mindsets, Honoris has become today what was envisioned five years ago – transformational pan-African social infrastructure to educate tomorrow’s workforce and harness Africa’s demographic dividend. Whilst we continue to adapt to a post-pandemic environment and leverage technologies to increase access to quality education, we take a moment to celebrate this achievement, whilst using it to power and ignite the journey ahead. A journey that the People of Honoris will continue to forge with the same authenticity and passion as was held five years ago, to better serve our students across Africa.”
Shami Nissan, Partner Sustainability at Actis, added: “Education for Impact means being intentional about the way we educate the next generation of leaders. It is important for an organisation to know what their goals are and to set out a plan to achieve them. Honoris has set its vision and has proceeded with intention in providing students across Africa with high quality education that is accessible and affordable. Furthermore, in sewing an internal spirit of fairness and responsibility, and striving to provide services that are sustainable and purpose-driven, Honoris will reap the kind of students that will emulate these core values in the way they go on to make their impact in the world.”
The report reflects and examines the extent to which Honoris has transformed the lives of learners throughout the continent, up to December 2021, across six core pillars of operation, which include: quality of learning; employability, innovation; communities; sustainability and network, framed around the organisation’s contribution to 11 of the 17 United Nations Sustainable Development Goals.
Some of the highlights featured in the report include:
Honoris worked closely with Actis, in light of its award-winning focus on impact investment, to calculate a precise impact score using a proprietary framework measuring the positive social and environmental impacts of Actis investments and enabling comparison across sectors and geographies. This score, generated for the first time in 2022, demonstrates that Honoris delivered transformational progress specifically in the areas of quality education; employment access; gender equality; and STEM education. A detailed breakdown of these impact multiples is available within the report.
Access the full report at https://honoris.net/impactreport/.