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2024-11-30-accounts

The Annual Report

Vision

We want every African child to have access to basic, high-quality education which leads to their ability to think critically and to social mobility.

Mission

To increase access to education on the African continent by strengthening pre-existing African-focused educational organisations.

Core Values

Passion – Passion is the driving force behind what we do. We are passionate about the continent, about people and about organisations doing great work.

Collaboration – We believe you can move faster and get further when we work together. We see the power of teams and people and we want to harness that for the good of the African continent.

Dependability – As we grow, we want to attract talent that we can rely on. Those committed to the cause and committed to the continent.

Stakeholders

Charities and organisations, volunteers, donors and trustees.

Our Trustees

Richard Akerele – Chair

Olugbenga Abatan

Caroline Addai-Bempah

CEO

Korede Adedoyin

Contact Details

Email : hello@vemoyefoundaton.org

Website : www.vemoyefoundaton.org

Contact address : 167-169 Great Portland Street, 5th Floor, London, W1W 5PF

Charity Number : 1188086

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The Annual Report

Message from The Vemoye Foundation’s CEO – Korede Adedoyin

Dear Friends and Supporters,

As I look back on 2024, I am both humbled and energised by how far The Vemoye Foundation has come and the doors that are opening for the future. This has been a year of perseverance, storytelling, and preparation for the next big chapter of our journey.

We continued to stand alongside our Olotepesi Foundation students, some of whom sat their final exams this year and are now awaiting results. Supporting young people at this pivotal stage, as they prepare to step into the next phase of their lives, is a powerful reminder of the importance of quality education.

This year also saw us begin work on our documentary project, a bold attempt to tell the untold stories of grassroots organisations, their impact, and the challenges they navigate in Nigeria’s education landscape. Through this film, we aim to shine a light not only on the gaps but also on the resilience of those working every day to bridge them, and how Vemoye, through initiatives like SkillsMatch, is preparing to be part of the longterm solution.

Perhaps our most significant focus this year has been laying the groundwork for the launch of SkillsMatch in early 2025. From building the platform and educating stakeholders, to strengthening our team and network, much of our energy has gone into ensuring that this flagship initiative is not just an idea but a sustainable, transformative tool that connects diaspora talent with on-the-ground needs in education.

As we step into 2025, you can expect SkillsMatch to go live, our most ambitious project yet. We are determined to see it grow into a thriving bridge between global expertise and local impact. Alongside this, we will continue deepening our support for grassroots partners and students, expanding our footprint, and amplifying the voices of those shaping the future of education in Africa.

Thank you for your steadfast belief in The Vemoye Foundation. Each year we are reminded that meaningful change is not the work of one organisation, but of a community that refuses to accept things as they are. Together, we are building momentum toward a brighter, more equitable future.

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The Annual Report

What We Did in 2024

Supporting Olotepesi Students

This year, The Vemoye Foundation continued its commitment to supporting the students of the Olotepesi Project. Some of our students sat their final secondary school exams and are now awaiting their results. Walking with them at this pivotal stage reinforces our belief in nurturing leaders who will one day contribute to transforming their communities and the wider society. Welook forward to celebrating their graduations and next steps in 2025.

Documentary Project

In 2024, we began filming our documentary, a bold initiative to tell the stories of grassroots organisations, their impact, and their role in shaping education across Nigeria. The film explores the realities of the Nigerian education system and provides a platform for organisations within our network to share their challenges and successes. It also highlights how Vemoye and SkillsMatch are preparing to contribute solutions that strengthen this ecosystem. Once completed, the documentary will serve not only as a storytelling tool but also as an advocacy piece to spark greater investment and innovation in African education.

Building SkillsMatch

A major focus of 2024 has been preparing for the launch of SkillsMatch, our flagship diaspora engagement platform. This has involved extensive work educating stakeholders on the vision, assembling a committed team, and building the technical platform to ensure a seamless rollout. SkillsMatch is designed to connect diaspora professionals with grassroots organisations in need of specialised skills, bridging a crucial gap in the education sector. Through this effort, we are laying the foundation for a sustainable system of global-local collaboration in education.

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The Annual Report

Trustees’ Report – Strategic Plan 2025

SkillsMatch Launch and Expansion

Timeline: January – December

2025 marks the official launch of SkillsMatch, our dedicated platform for connecting diaspora professionals with grassroots education organisations in Nigeria. Building on the development and preparation completed in 2024, the platform will go live in early 2025 and begin facilitating matches.

Documentary Release and Advocacy

Timeline: July - December

Following a successful filming phase in 2024, The Vemoye Foundation will release its STEM education documentary in 2025. Alongside the release, we will run an advocacy campaign to raise awareness of the critical role NGOs play in Nigeria’s education system, and how diaspora engagement can strengthen their work. This project is expected to serve as both a storytelling tool and a springboard for dialogue among policymakers, funders, and the diaspora community.

Podcast Recordings

Timeline: Ongoing throughout the year

In addition to film, The Vemoye Foundation will continue investing in podcast recordings as a platform to spotlight voices shaping education in Africa. These conversations will feature NGO leaders, educators, diaspora professionals, and policymakers, providing insights into both the systemic challenges and the innovative solutions emerging across the sector. Podcasts will serve as an accessible entry point for diaspora audiences, keeping them connected to developments on the ground and highlighting practical ways to engage.

Strengthening Partnerships and Student Support

Timeline: Ongoing

In 2025, we will continue deepening our collaboration with grassroots NGOs across West Africa and our network. Alongside partnership development, we remain committed to supporting our Olotepesi Project students.

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The Annual Report

Accounts

Startng balance: 11,228.77
Income from: Unrestricted funds Restricted funds Total
Donatons 6017.79 0 6017.79
Charitable actvity 0 0 0
Investment income 0 0 0
Total Income 6017.79 0 6017.79
Expenses from:
Raisingfunds 0 0 0
Charitable actvites:
Operatons: 2780 0 2780
Management: 0 0 0
Total expenditure 2780 0 2780
Total Funds
**Remaining: **
14,466.56 0 14,466.56

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