MTN Foundation, very first corporate foundation in Cameroon has announced the adoption of its new action plan at the end of its Board of Trustees meeting held on 24 March 2022 at the MTN Cameroon head office in Douala.
The meeting was headed by the Chairman of the Board of Trustees of MTN Foundation, former Minister Sanda Oumarou, assisted by five (5) other Directors, namely Dr. Ruth Engo Bamela, Vice-Chairperson of the Board, Dr. Henriette Meilo and Mr. Alain Malong, all public figures on the one hand, and on the other hand, Mrs. Jacqueline Iyok-Egbe as well as Mr. Jean Melvin Akam, representatives of MTN Cameroon in the said Board.
On the agenda of the meeting were the evolution of the institution’s governance, presentation of the financial report for 2021 and adoption of an action plan in line with the new priorities of the MTN Group.
MTN Foundation’s action plan for 2022 gives pride of place to the digital transformation of the continent in line with the MTN Group’s Ambition 2025 strategy.
Following this repositioning, 60% of the 2022 budget will be dedicated to the key programme dubbed “Open the Digital World” dedicated to the development of a strong and impactful digital ecosystem to empower young people and women as well as provide access to quality education for all. Secondly, 30% of the budget will be dedicated to supporting national priorities and local development initiatives under the “Good Together” programme.
At the end of the meeting, the Chairman of the Board of Trustees said he was satisfied with the quality of the discussions and density of the projects proposed. “It is important to remember that in an inclusive approach, MTN Foundation will work to enable communities to benefit from the advantages of a connected world. Because this is the duty of MTN, an African company born in Africa, to go beyond business to bring sustainable value to communities,” said Mr. Sanda Oumarou. “The implementation of these initiatives will certainly contribute to building an economically, socially and environmentally sustainable society,” he concluded.
The implementation of the projects selected by the MTN Foundation will be the subject of specific communications in the coming weeks. Individuals and organisations with projects can continue to submit their projects to the Foundation via the following email address: Foundation.CM@mtn.com.