Business
Coca-Cola, MTN Foundation, British Council, Microsoft, others and More Unveil as Partners for Africa Social Impact Summit 2023
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Sterling One Foundation and the United Nations Nigeria, co-conveners of the Africa Social Impact Summit 2023, have officially unveiled partners for the second edition of the Africa Social Impact Summit.
The announcement made at a press conference held in Lagos, Nigeria, also featured an official announcement of the 10th and 11th of August 2023 as dates for the event holding at the prestigious Eko Convention Centre.
The Africa Social Impact Summit, now in its second year, is a transformative summit that will bring together thought leaders, impact investors, and stakeholders from diverse sectors to address pressing challenges and design market-led solutions for sustainable outcomes in Africa.
Under the theme “Global Vision, Local Action: Repositioning the African Development Ecosystem for Sustainable Outcomes”, the Summit seeks to reshape Africa’s development landscape by fostering collaboration, innovative thinking, and impactful investment into critical areas such as Climate Solutions, Circular Economy, Agriculture, Renewable Energy, Education, Health, and Water, Sanitation, and Hygiene (WASH). The Summit aims to accelerate the United Nations Sustainable Development Goals (SDGs) 2030 and the African Union 2063 Agenda.
Speaking on the co-convening, the UN Resident and Humanitarian Coordinator in Nigeria, Mr. Matthias Schmale expressed excitement about partnering on the Summit, highlighting the UN’s dedication to working with the private sector and government to implement a cooperation framework for sustainable development. He stressed the need for the private sector to move beyond corporate social responsibility (CSR) and integrate sustainability into their business models.
“We want to see all stakeholders, especially the private sector, use the Africa Social Impact Summit as an opportunity to join hands to formulate a rescue plan for the SDGs,” he explained.
While unveiling the partners for Africa Social Impact Summit 2023, Mrs. Olapeju Ibekwe CEO of the Sterling One Foundation revealed her great admiration for each of the collaborating organizations, stating that they have taken a bold step towards redefining Africa’s future.
In her words, “The African continent needs every impact resource and every player focused on how we can move from just potential and that is what each of us here has committed to, and I can’t express just how excited I am to see the number of partners we have brought to the table from what we had last year; this shows that the message of sustainable development is resonating.”
The partners who were unveiled and reaffirmed their commitment to driving sustainable development in Africa included the Coca-Cola Company, the United Nations Global Compact Network Nigeria, Sterling Bank, the British Council, MTN Foundation, SBG Insurance, the African Venture Philanthropy Alliance (AVPA), the UNIDO Investment Technology Promotion Office, Nigeria, the United Nations Development Programme (UNDP), Microsoft, SCALE Palladium, the Nigerian Economic Summit Group (NESG), Impact Investors Foundation, Nigeria Climate Innovation Centre (NCIC), the Nigeria INGO Forum (NIF), the Association for the Development of Education in Africa (ADEA), the National Council on Climate Change Foreign Policy, Proshare, Ventures Africa, TechCabal and Trace TV.
Thanking all the partners, Sterling One Foundation Board of Trustees Member and the MD/CEO of Sterling Bank Limited, Mr. Abubakar Suleiman voiced his excitement at the growth the Summit has witnessed within a year of its launch and the level of progress that can be made with organizations like them in the room. He emphasized the Foundation and Sterling Bank’s dedication to fostering collaboration among organizations and connecting like-minded entities to achieve common goals.
“I am always pleased to see organizations prioritizing social impact in the way they operate and not as an afterthought because this means that we then have strong commitments and a solid chance at actually pulling people out of poverty,” he said.
He further expressed his desire to see “available capital and resources being channeled into meaningful and sustainable impact.”
Private sector executives, non-profit leaders, impact investors, heads of government parastatals, and every development leader who wishes to be a part of the Summit are welcome to register via the website – www.theimpactsummit.org. The Summit will feature a deal room for impact-focused entrepreneurs seeking funding from investors.
About Sterling One Foundation
Sterling One Foundation (SOF) is a registered non-profit focused on tackling the root causes of poverty in Nigeria, and Africa through interventions and social impact programmes across five critical sectors namely: climate action, health, education and youth development, gender equality and empowerment, and food security. The Foundation’s programmes adopt a central theme of prioritizing partnerships for the achievement of the Sustainable Development Goals (SDGs). For more information visit www.onefoundation.ng
About United Nations Nigeria
The United Nations System (UNS) in Nigeria, consisting of 19 resident and 4 non-resident entities has had a productive engagement with the Federal Republic of Nigeria since its independence and has been a catalytic supporter of, and trusted partner in, the development aspirations of Nigeria. Learn more on https://nigeria.un.org/
Business
Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape
“We can’t wait to be saved; Africans need to solve Africa’s problems. This $300 million commitment reflects this reality’’ – Aig-Imoukhuede
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million.
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
This will fund African government initiatives with a proven potential to transform national economic performance.
Speaking about the commitment, Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Co-Founder, Aig-Imoukhuede Foundation, said, “We can’t wait to be saved, Africans need to solve Africa’s problems. This $300 million commitment reflects this reality.”
President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.
Appropriately, this announcement was made at the Africa CEO Forum 2024 in Kigali, Rwanda, where the theme of this year’s event is ‘At the table or on the menu?’. At the event, CEOs from across the continent joined to discuss how Africa can demand a seat at the global table, rather than continuing to wait to be invited.
The fund will see the creation of an African-led Super NGO in partnership with academics, experts and philanthropists across the globe who are committed to closing the gap between Africa and the rest of the world. The NGO will work with African governments to provide the funding, governance and talent required to successfully execute game changing government reform programs, especially in the delivery of digital public infrastructure.
The development comes at a time when Ajay Banga, President of the World Bank, has warned wealthy countries that it would be short-sighted to “ignore” Africa. This landmark Africa-led initiative could not have been better timed.
Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC and Co-founder, Aig-Imoukhuede Foundation and Ofovwe Aig-Imoukhuede, Co-founder, Aig-Imoukhuede Foundation, on the sidelines of the Africa CEO Forum 2024 in Kigali…Thursday.
“We African leaders cannot sit back and watch the 4th Industrial Revolution transform the rest of the world while leaving Africa falling further behind. We have to create our own ‘table’ by using technology to unlock the power of our youth, giving Africa a greater voice in the world. It’s today’s leaders who will determine whether or not we grab this opportunity,” Aigboje Aig-Imoukhuede continued.
The availability of digital public infrastructure is a proven and cost-effective way for developing nations to break free of the status quo. It provides citizens with access to the same public goods and services available to citizens of advanced nations.
The India Stack has become a shining example of what can be achieved when visionary public and private sector leaders partner for development.
The Access Bank and Aig-Imoukhuede Foundation inspired NGO will make such partnerships a reality and delivering measurable improvements to the lives of Africans across the continent.
Notes to Editor:
For media inquiries, please contact:
communication@aigafrica.org or +234 808 5716 788
mediarelations@accessbankplc.com or +234 803 320 4315
ABOUT THE AIG-IMOUKHUEDE FOUNDATION
The Aig-Imoukhuede Foundation is a public sector-focused philanthropic organisation founded by Aigboje and Ofovwe Aig-Imoukhuede to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare. The Aig-Imoukhuede Foundation accomplishes its mission by supporting the reform initiatives of public sector entities, providing financing, technical support, and capacity-building programmes and resources for the public sector workforce. The Foundation also provides funding and strategic support to drive the work of affiliate organisations such as Africa Business Coalition for Health (ABC Health), the Private Sector Health Alliance of Nigeria (PSHAN), the Nigerian Solidarity Support Fund (NSSF) and others.
For more information, please visit www.aigimoukhuedefoundation.org.
Business
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AIGBOJE AIG-IMOUKHUEDE APPOINTED PRESIDENT OF FRANCE NIGERIA BUSINESS COUNCIL
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
At the esteemed Choose France Summit 2024, held on Monday, May 13, 2024, Aigboje Aig-Imoukhuede, the Chairman of Access Holdings PLC, was formally appointed as the President of the France Nigeria Business Council (FNBC) by the President of the French Republic, President Emmanuel Macron.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The France Nigeria Business Council (FNBC) stands as a pivotal coalition of Nigerian private sector business leaders, committed to enhancing bilateral relations between Nigeria and France. Its core objectives revolve around the facilitation of trade, investments, infrastructural development, job creation, and cultural integration between the two nations.
Since its establishment in June 2021 under the auspices of President Emmanuel Macron, the FNBC has diligently utilised its member network to champion investments across key business sectors, fostering cultural understanding and driving economic growth between Nigeria and France. Notably, it has catalysed Nigerian businesses’ ventures into investment opportunities within France.
Comprising 13 distinguished members, the Council boasts prominent figures including Aigboje Aig-Imoukhuede (President), Abdul Samad Rabiu, Gilbert Chagoury, Mike Adenuga, Aliko Dangote, Jim Ovia, Tony Elumelu, and John Coumantaros. Additionally, Kola Karim, Leo Stan Ekeh, Daisy Danjuma, Gbenga Agboola, and Jean Haas serve as integral members, with Jean Haas holding the position of Secretary.
Aig-Imoukhuede’s appointment follows the passing of Herbert Wigwe, the Council’s former President, in February 2024.
Aigboje Aig-Imoukhuede having a handshake and a tête-à-tête with President Macron at the Council’s meeting with the President, and Gilbert Chagoury looking on.
The Choose France Summit is an annual gathering that convenes business magnates, investors, and governmental dignitaries to explore investment prospects within France. The highlight of the Summit was the Presidential Dinner, characterised by high-level engagements and mutual commitments between participating parties.
Business
ACCESS BANK (SL) LTD STRENGTHENS LEADERSHIP TEAM WITH KEY BOARD APPOINTMENTS, NAMES NEW CHAIRMAN
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Bank Sierra Leone Ltd (‘Access Bank (SL) Ltd’) has announced the appointment of new executives to its Board of Directors (‘the Board’), further strengthening its leadership team and advancing the implementation of its growth and transformation strategy.
These appointments also reflect the Bank’s commitment to fostering growth and development while maintaining the highest standards of governance and stewardship.
Joining the Board as Non-Executive Directors are Maurice Nathaniel Cole, Nsikak N. Usoro, Michala Mackay, Ibrahim Khalil Lamin, and Kolawole Augustine Ajimoko.
The appointees boast a wealth of expertise from diverse sectors, including banking, telecommunications, corporate governance, compliance, and finance. Their combined experience and vision will contribute to shaping the future trajectory of Access Bank (SL) Ltd.
Cole will serve as Chairman, following the exit of Alice Marie Onomake and will bring his experience to the fore as Access Bank (SL) Ltd works to consolidate its market position and deliver value for all its stakeholders.
“We are thrilled to welcome our new executives to Access Bank (SL) Ltd,” said Ganiyu Sanni, Country Managing Director, Access Bank Sierra Leone Ltd. “Their leadership and vision will be invaluable as we navigate through challenges and pursue sustained success. We extend our gratitude to outgoing Chairman, Alice Marie Onomake, and Non-Executive Director, Aminata B. Dumbuya, for their dedicated service and contributions to the Bank.”
Access Bank (SL) Ltd remains committed to excellence, transparency, and accountability as it embarks on this exciting new chapter. The Bank looks forward to leveraging the collective expertise of its leadership team to drive innovation, foster growth, and create lasting impact for its customers and communities.
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