September 7, 2018 — Earlier this week, Citi announced the 6th edition of its annual e for Education initiative, a global corporate social responsibility campaign, which will support Malala Fund’s work for girls’ education.
Launched in 2013, e for Education aims to raise awareness and funds for education focused non-profit organisations who tackle illiteracy and improve access to quality education. Over the next three months, Citi’s Foreign Exchange and Local Markets business will donate $1 for every $1 million traded with Citi through a range of electronic platforms and local market bonds.
Citi's initiative will contribute to Malala Fund's work in seven countries where girls are most likely to be denied an education.
“These funds will go to support educators and activists in Afghanistan, Brazil, India, Lebanon, Nigeria, Pakistan and Turkey whose work breaks down the barriers keeping 130 million girls out of school,” said Malala Fund CEO, Farah Mohamed. “We are grateful that Citi shares our commitment to education and equality, and honored to be included as a beneficiary of e for education this year."
The Citi e for Education campaign has raised over $22.5 million for education-focused non-profits since 2013. It has supported over 250,000 youth globally and contributed to the success of several key initiatives supporting youth education, including the development of more than 400 schools across more than 20 countries worldwide.
This year Malala Fund joins Place2Be and Reach the World as the newest campaign partners bringing the total to ten non-profit organizations being supported by the Citi’s initiative.
Learn more about the e for Education campaign by visiting https://www.citifx.com/e4e/.