The African Corporate Governance Network (ACGN) and the University of Kigali signed the Memorandum of Understanding (MoU) to promote mutual institutional interest consistent with their mandates, policies and resources.

The MoU between the two institutions establishes an understanding and a cooperative working relationship to promote research in fields of common interest, development of curricula and exchange of materials and documents.

The promotion of good corporate governance practices has come to the fore very strongly over the past two decades.

From the Enron scandal to Big Four auditing firms being fined heavily in South Africa, the need for improved corporate governance practices in Africa and beyond has never been more pressing.

To lead the promotion and spread of good corporate governance in Rwanda, the University of Kigali has signed an MoU with the ACGN to promote mutual institutional interests.

The institutions will work together to promote collaboration in organising workshops, training and conferences and collaboration in consultancy services.

Also, short professional courses will be rolled out with the development of new market-driven and technology-centred professional programmes.

The signing ceremony, had Professor Robert Ebo Hinson, Interim Vice-Chancellor and Dr Michael Sanja, Deputy Vice-Chancellor, Institutional Development Research and Innovation (IDRI), signing on behalf of the University of Kigali.

Rockson Kwesi Dogbegah, Chair, ACGN and Reverend Angela Carmen, Acting Board Secretary, signed for the ACGN.

The five-year MoU may be renewed for such consecutive periods as agreed by the University of Kigali and ACGN.

The Centre for Economic Governance and Leadership will be the Lead Unit on behalf of the University of Kigali.

Both institutions pledged a commitment to work together to promote a mutually beneficial relation expressly provided under the MoU.