ACCA Zambia and BongoHive today, Wednesday 15 March 2020, signed a Memorandum of Understanding (MoU) at ACCA Zambia Head Office in Lusaka. The MoU is to establish mutual cooperation between the two institutions. This partnership will explore opportunities for collaboration to their mutual benefit that will promote the advancement of their members and future members in the accountancy profession. The MoU was signed by Janice Matwi, ACCA Country Head and Lukonga Lindunda, BongoHive co-founder and Executive Director.

The purpose of the MoU between ACCA Zambia and BongoHive is to connect both institutions’ communities with the aim of

• Providing access to professional development and learning resources
• Creating and providing opportunities for continuous personal development programmes for members
• Partnering on school and university activities to enhance employability of students through joint capacity-building initiatives
• Access to mentoring, personal development and learning resources. 

Speaking at the signing ceremony which was hosted online, Lukonga Lindunda, spoke of how the company has been able to support over 1,300 enterprises and reach over 8,500 direct beneficiaries because it has worked with local and global partners in the last 9 years that the company has existed. He added that this was a demonstration of how working together can yield tremendous results and that more opportunities could be unlocked by working together with other like-minded organisations. On partnering with ACCA he said, “ACCA brings an amazing network of mentors, professionals with expertise, that can add value to entrepreneurs in our network on their journey to success. This partnership will look to unlock the network effects needed to grow the local entrepreneurship ecosystem.”

Janice Matwi shared that the ACCA’s global outlook, which spans as far as the year the institution was founded in 1904, is what spurred the partnership with BongoHive. The ACCA is known as one of the world’s super-connectors and so the partnership would bring value to the community, tapping into entrepreneurship and innovation for solutions to be created. She added, “ACCA is partnering with BongoHive because we recognise the value of promoting mutual co-operation, and this partnership is a realisation of ACCA’s value – a force for public good. In realizing this value, we realise that we cannot go it alone, we know we must tap into networks that share our values in order to scale up to create impact.”

The two institutions will begin mapping out activities for collaboration in the upcoming month.