2025 Annual Report
Growing With
Purpose
Growing With Purpose
A community of donors, alumni, foundations, and partner organizations made this year’s progress possible. Here is what your giving built in 2025.
GIVING & STEWARDSHIP
$5.42M
Given by Donors
$1.42M
Given to Endowment
$4.95M
Disbursed in Grants
335
Donors
students & access
1,600
Students Enrolled
55%
Receiving Scholarships
27%
International Students
ENTREPRENEURSHIP
114
Ventures Supported
217
Students Engaged
1,669
Jobs Created
$2.84M
Venture Revenue
EDUCATION COLLABORATIVE
517K
Students Reached
712
Educators Reached
490
Institutions Engaged
01. Letter From the president
Dear Friends,
When Innocent Farai Chikwanda ’25 was named to the Rhodes Scholar Class of 2026, he joined one of the most selective academic communities in the world. The Rhodes Scholarship is awarded to fewer than 100 students globally each year, chosen for academic distinction, character, leadership, and a demonstrated commitment to something larger than themselves.
Every year, Ashesi welcomes students with a firm belief that they can grow to become the transformational leaders that Africa needs and deserves. We work with them on a journey of discovery that prepares them for a brighter future for themselves and for society. Innocent’s story is proof that this formulation is working.
Twenty-four years ago, we opened with the question, “What would happen if Africa educated its next generation of leaders differently?” Our students, alumni, and community are providing an answer. And that answer is now inspiring many more to ask the same question. Through the Education Collaborative, which has now engaged 490 higher education institutions across the continent, we are working with our peers to strengthen learning for hundreds of thousands of students across Africa.
None of this could have happened without your partnership: the scholarships that have made Ashesi reachable for students who had no other path here; the infrastructure that enables exceptional learning and innovation; the philanthropy that enabled us to convene and curate meaningful conversations with other African universities.
We are honored by your partnership and energized by the responsibility it presents. Thank you for being on this journey with us; for the trust, renewed year after year, that Ashesi’s work will positively impact the future of Africa.
Sincerely,
Patrick Awuah
Ashesi is proving a powerful model for educating the future leaders of our society. The Education Collaborative is making the case that this model can scale.
02. SPotlights
Every scholarship is a
future made possible
Every scholarship is a future made possible
It represents a student who can pursue their potential and go on to lead, innovate, and give back to their communities across Africa.
For years, Linda Young-Ribeiro has been part of making those futures possible. As one of Ashesi’s earliest leaders and its first Dean of Students, she helped shape the student experience from the very beginning.
Today, she continues that commitment through consistent monthly giving. Donors like Young-Ribeiro help ensure that more students can access an Ashesi education and go on to create meaningful change across the continent.
I believe that no matter how small your donation, it matters. I believe that everyone can make a difference no matter their circumstance. I donate to the scholarship fund and the Education Collaborative because I’m just so excited about how the Ashesi way is spreading. I want to do my part in helping spread that; to know that we are educating a generation of ethical, entrepreneurial young people to lead the way.
Linda Young-Ribeiro
Ashesi has given me a community in which I can thrive, find my voice, and give back. It has been a full circle moment.
Felix Chidemo '27
Mechanical Engineering
Every opportunity I have pursued at Ashesi is connected to your generosity, and I am committed to honoring that investment.
Golda Boifio '27
Business Administration
03. FACULTY & STUDENT RESEARCH
Investments in research
flow directly to students
Ashesi made a formal commitment to pursuing R2 research university status in 2025, signaling ambitions to deepen research output, graduate training, and scholarly contribution. This commitment was reinforced by the appointment of Dean of Research and Innovation, Dr. Yaw Bediako.
Endowed faculty positions honor teaching excellence, support research, and strengthen academic departments. Through endowed chairs and fellowships, Ashesi is advancing faculty scholarship, expanding student research opportunities, and deepening interdisciplinary collaboration.
I am committed to nurturing a culture where inquiry, imagination, and impact converge, empowering our students to shape new frontiers of knowledge for Africa and the world.
Dr. Yaw Bediako,
Dean of Research and Innovation
This year, the Patrick Awuah fellowship allowed me to make a significant update which will drive student prototyping activity and strengthen senior year projects.
Prof. Nathan Amanquah,
Dean of Engineering
The past year as a Hopper-Dean fellow has seen a renewal and flourishing of my efforts in research, which will always be intertwined with my passion for education and teaching.
Dr. Ayorkor Korsah,
Head of Computer Science
Pictured: Johnny McNulty (center), Director of the John P. and Anne Welsh McNulty Foundation, with McNulty STEM scholars during a visit to Ashesi’s campus.
McNulty Foundation Scholars
Inaugural Cohort Announced
At Ashesi, more women are stepping into research and leading the charge on some of Africa’s most pressing challenges. The inaugural cohort of 10 McNulty Scholars, outstanding third-year undergraduates and master’s students in engineering and computing, are engaged in faculty-led research spanning renewable energy, AI, biotech, and more.
Student Team Wins Silver
for Bioengineering Research
An Ashesi Bioengineering team earned a silver medal at the International Genetically Engineered Machines competition in Paris; designing a coastal erosion defense wall using cementation. Their work translates faculty research into solutions for one of the continent’s most pressing environmental challenges.
Pictured: Ashesi’s student team, with faculty supervisor Dr. Elena Rosca, at the iGEM 2025 competition in Paris.
04. BUILDING FOR GROWTH
Expanding possibility
Philanthropic partnership is expanding Ashesi in two dimensions this year, adding to the physical campus that supports a growing student body, and broadening the academic programs that prepare students for the work ahead. Both kinds of growth are donor-enabled, and both serve the same goal: a campus and curriculum advancing the education of Africa’s next generation of leaders.
New Programs Welcome Students
Alongside physical growth, Ashesi launched and welcomed first cohorts to four new academic programs in 2025, extending the disciplines available to undergraduate students and meeting demand for graduate programs and executive education from professionals.
UNDERGRADUATE
Biological Engineering
A new engineering program preparing students to apply biology to challenges in health, food systems, and the environment.
Mechatronic Engineering
An interdisciplinary engineering pathway responding to industry's growing automation needs.
GRADUATE
The Ashesi MBA
Designed for those seeking advanced business education grounded in African contexts.
Intelligent Computing Systems
Advancing skill and innovation in artificial intelligence, software engineering, and data science.
Kickstarting Executive Learning
Ashesi also welcomed its first cohorts of executive learners this year, experienced professionals seeking advanced learning grounded in African contexts. Executive education extends Ashesi’s reach beyond degree students to those already shaping the continent’s organizations.
05. ENTREPRENEURSHIP & INNOVATION
Two engines turning
innovation into impact
Ashesi’s entrepreneurship ecosystem is anchored by two centers, each with a distinct role. The Center for Entrepreneurship builds capacity inside the University, preparing students to think and act as entrepreneurs. The Ghana Climate Innovation Centre extends that work outward into the broader entrepreneurship environment, supporting ventures that are already creating jobs, revenue, and climate impact across the country.
The Center for Entrepreneurship engaged students through workshops, masterclasses, and experiential programs designed to move ideas from concept to viable venture. Two new institutional tools, the Entrepreneurial Diagnostic Tool and the Idea and Venture Evaluation Framework, are strengthening long-term impact by standardizing how ideas and ventures are assessed across the program. The center is also advancing new partnerships focused on supporting entrepreneurs in solar and renewable energy, as well as agri-food and nutrition.
At its core, the initiative prioritizes inclusivity. It seeks to empower young women, internally displaced persons, and individuals with disabilities with equal access to opportunities. Over the next decade, Ashesi’s engagement in the Nkabom Collaborative will empower many young people to drive sustainable development in Ghana’s agricultural landscape.
With more than 40 universities from 30 countries represented, the Collaborative provides a dynamic platform for sharing best practices, facilitating student and faculty collaboration, and promoting innovative approaches to teaching and research. Ashesi is the first Sub-Saharan African University to join the Collaborative.
Their findings showed that experiential learning beyond conventional classroom settings played a significant role in enabling students and alumni to pursue entrepreneurial projects. Based on the study’s outcomes, the teams recommended that in addition to classroom learning, universities should invest in experiences that prioritize collaboration, relationships, and network building.
Three ventures from the Ghana Climate Center portfolio also illustrated the range of work the center’s network is sustaining, from a globally recognized chef advancing sustainable cuisine, to climate-smart agriculture reaching smallholder farmers, to clean cooking technology reducing household emissions.
Chef Selassie Atadika
Recognized in the TIME Earth Awards 2025 for her sustainable culinary vision — a GCIC-supported entrepreneur whose work redefines what African food systems can look like on a global stage.
Mariseth Farms
Secured $560,000 to scale soybean farming and empower smallholder farmers across Ghana, growing agricultural innovation grounded in climate-smart practices and rural economic development.
Kaeme: a Shared Skincare Hub
Founder Freda Obeng Ampofo built Africa’s first shared skincare manufacturing hub. With GCIC growth support, 40 women-led brands now share her zero-carbon facility — scaling at a fraction of the carbon cost.
06. CONTINENTAL REACH
Multiplying impact
Beyond the students on Ashesi’s campus, philanthropy is helping shape the experiences of hundreds of thousands more across Africa. The Education Collaborative strengthens higher education systems through shared learning, practical tools, and institutional partnerships.
A defining moment of the year was its Annual Convening, held for the first time outside Ghana in Kigali, Rwanda, reinforcing the Collaborative’s role as a leading platform for higher-education exchange on the continent.
ROSE DODD, EXECUTIVE DIRECTOR, THE EDUCATION COLLABORATIVE
The real test of this network is not how many universities we convene, but how many students we uplift and how many futures we help take root, right here on this continent.”
07. RECOGNITION
Recognized on
the world stage
Recognized on the world stage
Three alumni recognized with selective academic fellowships this year graduated in different years across different fields. What they share, is what an Ashesi education prepared them to do next.
The same recognition shows in Ashesi’s 2025 Times Higher Education ranking, and in the Sunhak Peace Prize awarded in South Korea to founder Patrick Awuah for Ashesi’s impact.
Innocent Chikwanda '25
Rhodes Scholar Class of 2026
Joining one of the most selective academic communities in the world in the UK.
Ayeyi Ohene Adu '23
McCall MacBain Scholar
Extending the global reach of Ashesi alumni in graduate scholarship and research in Canada.
Sasha Ofori ’20
Schwarzman Scholar
Looking to gain insights into education and workforce development systems from China.
08. A GLOBAL COMMUNITY
A global community
that shows up
Ashesi’s strength is a global community of donors, alumni, mentors, and partners distributed across the world. Alumni made up 76% of Global Giving Week donors this year, and reunions in Ghana, Kenya, and Rwanda brought graduates back together. Long-time supporters opened their homes to host fellow community members in Seattle. And in Berekuso, the Annual Deep Dive welcomed donors and partners onto campus for an immersive look at the work their giving enables.
SEATTLE, USA
An Evening in Seattle
Longtime supporters Todd and Ruth Warren hosted alumni, donors, and President Patrick Awuah for an evening that reflected some of the strong relationships at the heart of this community.
GHANA, KENYA, RWANDA, UK
Alumni Reunions
Reunions in Ghana, Kenya, Rwanda, and the UK further strengthened our global network, bringing alumni together to connect and reflect on their journey.
Berekuso, Ghana
Deep Dive 2025
Brought supporters and partners to campus in Ghana for an immersive look at Ashesi’s model, growth, and opportunities for collaboration.
Reeta Roy Receives Ashesi Medal
At Commencement 2025, former Mastercard Foundation CEO Reeta Roy was named the inaugural recipient of the Ashesi University Medal, awarded by the Board of Directors to those whose scholarship, philanthropy, or service has acted in profound support of Ashesi’s mission.
Under Roy’s leadership, the Mastercard Foundation grew into one of the world’s largest private foundations and reshaped what philanthropic partnership with African higher education could look like. The Medal recognizes a body of work measured in millions of lives.
Welcoming new trustees
Ashesi Foundation and the Ashesi Canada Foundation welcomed new trustees this year, while the University inducted two alumni as board members. As longtime supporters, donors, and stakeholders, they bring deep institutional knowledge and diverse professional expertise to their roles.
Angela Klufio ’07
Ashesi University Board Member
Head of Investments, Rural Development Fund (RDF) Ghana
Enid Marful-Sau ’07
Ashesi University Board Member
Justice of the High Court,
Judicial Service of Ghana
Amma Boateng
Ashesi Foundation U.S. Board Member
Managing Director, Head of Financial Advisor Services, Vanguard
Tralance Addy
Ashesi Foundation U.S. Board Member
Founder and Former President, Plebys International LLC; Co-Founder and CEO, Yaro Capital
Johnny McNulty
Ashesi Foundation U.S. Board Member
Director, John P. and Anne Welsh McNulty Foundation
Aline O'Connor
Ashesi Foundation U.S. Board Member
Director, Agri Experience Ltd.
Wayne Miranda
Ashesi Foundation Canada Board Member
Director, Social Finance and Impact Investing
Two Leaders. Twenty-eight years of service.
Ashesi also honored Ruth Warren and Harriette Amissah-Arthur for their leadership on the Foundation and University Boards, a combined twenty-eight years of service.
Ruth Warren
Ashesi Foundation U.S. Board Member
Served from 2008 - 2025
Harriette Amissah-Arthur
Ashesi University Board Member
Served from 2015 - 2025
our journey continues
Help write our 2026 report
Whether through giving, mentorship, or advocacy — your involvement shapes what’s possible for Ashesi students and for Africa.
Audited financials
Our 2025 audited financial statements will be published later this year. We are committed to clear reporting on every gift entrusted to us.

