GBC-Education appoints Tendai Mashingaidze to help represent the private sector on the Global Partnership for Education Board
Press Release
The Global Business Coalition for Education (GBC-Education) has appointed Tendai Mashingaidze, Founder of Ubuntu Equity and former CEO of Econet Education, as the new private sector representative on the Board of Directors of the Global Partnership for Education (GPE)
The Global Business Coalition for Education (GBC-Education) has appointed Tendai Mashingaidze, Founder of Ubuntu Equity and former CEO of Econet Education, as the new private sector representative on the Board of Directors of the Global Partnership for Education (GPE).
GPE is the largest global fund solely dedicated to transforming education in lower-income countries and is hosted by the World Bank. Its Board is made up of representatives from governments, multilateral agencies, civil society, private foundations and the private sector, all working to ensure multiple stakeholders have a voice in shaping education policy and funding.
GBC-Education holds the private-sector seat on the GPE Board, representing the views of the wider business community in these global discussions. This role ensures that the ideas, innovation and investment of the private sector contribute directly to strengthening education systems around the world.
Tendai Mashingaidze began his career as a schoolteacher before joining McKinsey & Company, where he managed an education fund supporting more than 2,000 children affected by HIV and AIDS. He later founded Ubuntu Equity to invest in young entrepreneurs and expand financial inclusion and launched Muzinda Hub – one of Africa’s largest coding and digital jobs initiatives.
As CEO of Econet Education, he reached more than two million students through digital learning partnerships and represented Econet in GBC-Education’s work with the Global Partnership for Education. Tendai will serve alongside Emily Friedman, Head of Business Impact at GBC-Education, who continues as Alternate Board Member.
“It is an absolute honour to be appointed by GBC-Education as the new private sector representative on the Board of Directors of the Global Partnership for Education. I look forward to building on the great foundation that has been set and unlocking new and innovative private sector partnerships across the GPE's member countries,” Tendai Mashingaidze, Founder of Ubuntu Equity
GBC-Education extends its sincere thanks to David Boutcher for his years of dedicated service as the private-sector Board Member, during which he played a key role in elevating the private sector’s contribution to global education.
“We’re deeply grateful for David’s many years of service on the GPE Board and thrilled to welcome Tendai to this next chapter. His appointment reflects GBC-Education’s continued commitment to bringing the voice of business to global education policymaking," Emily Friedman, Head of Business Impact at the Global Business Coalition for Education
Through its representation on the GPE Board, GBC-Education continues to ensure that the private sector plays an active role in achieving quality education for every child.
About the Global Business Coalition for Education
Theirworld’s Global Business Coalition for Education (GBC- Education) is a movement of businesses committed to ending the global education crisis and unleashing the potential of future generations.
Established in 2012 by the global children’s charity Theirworld, GBC-Education is a New York-based 501(c)(3) nonprofit organization that leverages the collective power of business, government, NGOs, and today’s youth to achieve the goal of education and opportunity for all.
About Ubuntu Equity
Ubuntu Equity is a Johannesburg based impact investment and advisory firm founded by McKinsey alumni in 2013 to address the youth unemployment crisis in Africa by identifying, training and financing young entrepreneurs with ideas that can create new youth jobs. We believe education investments in equipping youth with relevant skills, whilst introducing innovative financing models to promote new venture creation can create real and relevant jobs for Africa’s youth and we have been strong advocates that this charge to invest should be led by the private sector as the ultimate beneficiary of these skills