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    Standard Bank Group is a financial institution that offers banking and financial services to individuals, businesses, institutions and corporations in Africa and abroad.

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    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
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Forging human solidarity 2 October 2020

Accelerating new ways of learning

Online learning can strengthen education

The COVID-19 pandemic is accelerating the shift towards new ways of learning – a trend that could help Africa to bolster its education systems, particularly as access to mobile devices and the internet becomes more widespread. 

The development of a strong education sector that prepares learners for the fourth industrial revolution (4IR) is critical to Africa’s long-term prosperity, especially when considering that the continent has the world’s youngest population. Education is the backbone of any economy, and this sector needs to be innovative and flexible to adapt to the fast-changing demands of the modern workplace. 

While certainly no panacea on its own, given Africa’s limited access to connectivity, e-learning can become an important component of our collective efforts to strengthen the continent’s education system. 

We believe there are solid opportunities for African governments and purpose-driven companies to work together to make e-learning more accessible to children.   

We are already seeing encouraging developments, including in South Africa, and Standard Bank is committed to playing its part.  For instance, the bank has launched a free online Microsoft Digital Literacy course, which is available to all South Africans through a partnership with Pioneering Solutions Studio.  

To facilitate access to online learning, the group is also providing student loans specifically aimed at helping learners to buy equipment such as laptops, tablets and software. This loan is available to full-time and part-time learners studying from home, and complements the group’s existing education programmes across Africa. 

To ensure our own employees have the right skills for the future, we have given them access to an online learning platform, powered by Degreed, which offers thousands of courses.

Private schools group Curro is launching an online education service focused on 4IR subjects including mathematics, science, coding and robotics, for example.  Vodacom’s free e-School platform, which is aligned to the Department of Basic Education’s national curriculum, has seen a surge in user numbers, reaching a million children by April this year.  And Naspers has been investing in this space for some time, with interests in learning marketplace Udemy, social learning community Brainly, ed-tech giant Byju’s, and Codecademy. 

More investments needed 

The shift to online learning has the potential to offer high-quality education to all children across Africa – but only if we invest in the necessary infrastructure to ensure affordability and expand access. 

At present, data costs remain high and mobile penetration rates low. To overcome this, collaboration between stakeholders in the public and private sectors will be essential. 

We will need investments in the telecommunications sector to improve connectivity rates and to significantly reduce communication costs. Such investment depends on sound and stable regulatory frameworks and attractive operating conditions. Access to affordable devices will also be important – mobile operators are starting to address this issue. 

Africa’s prosperity depends on all her people having access to quality education, skills training and lifelong learning opportunities.