The African Education Fund (AEF) is an initiative of African Union and the Association for the Development of Education in Africa (ADEA) working in consultation with a range of partner organizations. The African Development Bank (AfDB) has been asked to host the AEF which will be located in Abidjan and supported by the Bank infrastructure. These Terms of Reference follow on from the endorsement of the findings of the AEF Feasibility Study.
The AEF is a proposal for a unique, Africa-initiated, continental level education fund designed, owned, led and managed by Africans. Its main purpose is to provide strategic support for the development of more efficient and effective education systems that are financially and environmentally sustainable and to encourage innovative financing and fiscal reforms.
New approaches to financing educational development are needed that ensure the financial sustainability of interventions, minimize the negative impact of educational development on the environment, and maximize investment in the social and civic public goods. The AEF will promote more equitable access in relation to income, gender and location and other forms of exclusion. The AEF will develop to meet the challenges of the Sustainable Development Goals and Agenda 2063 for new kinds of development assistance with a special focus on TVET, STEM and STI in all RMCs (SDGs 4.3 4.4, 4.5; CESA 16-25, STISA 2024 and TVET Strategy).
Scope of Work
Qualifications
AfDB and its partners expect the AEF Coordinator to possess the following qualifications:
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