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Corporate Citizenship

African Development Bank Staff Council and Lion Club clean up flood-hit Ivorian community

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The plight of the Nemattoulaye-Attecoube area in Abidjan was highlighted by African Development Bank staff who, in collaboration with the Lion’s Club Abidjan Strelitzia, joined forces to provide much needed assistance and support to the area. 

Decked In rubber boots, gloves, masks, and aprons, staff of the African Development Bank joined forces with members of Lion’s Club Strelitzia Abidjan on Thursday to clean up Attecoube – an Abidjan neighborhood that suffered from devastating floods early this year.

Last June, a devastating flooding in Abidjan and environs left deaths and destruction in its wake.  Roads were degraded and houses destroyed.  Debris littered schools, homes, roads and gutters, leading to environment and health concerns.

The Bank’s Staff Council President, Babatunde Adenibi said the Council and its partners were motivated by the need to give back to the society as part of a broader corporate social responsibility culture.

“In addition to the clean-up exercise, the items we have donated will help the school and the community in general to keep clean,” he said.

For 10-year-old Sephora Zamble and 1,300 students of Ecole Primaire Publique in Attecoube, the effect continues to linger long after. Going to school had become a nightmare as parts of the school was still covered in massive debris. A double-shift school system introduced as a result of the flooding made students take turns to learn. Sephora’s school now wears a new look, bringing immense joy to her and mates, thanks to the clean-up exercise.

Over 50 volunteers went round Nemattoulaye, Attecoube clearing blocked gutters, roads, and schools. Tons of filth, including building rubble, soil and sediments, trees and shrubs were removed and disposed of in plastic garbage bags and disposed of in   special purpose tricycle trucks.

An excited Sephora said after the clean-up: “I feel good that this clean-up is happening. Learning in a dirty environment makes me sad.  We feel dirty when the school is dirty and often have diseases that our parents don’t have money to cure. I have friends who cannot come to school because our environment is dirty.”

The Staff Council (SCO) of the Bank launched the CLEAN-UP operation as part of activities marking the 2018 Corporate Social Responsibility (CSR) Day on the theme, “Clean up Attecoube.”

The plight of the Nemattoulaye, Attecoube area was highlighted by the African Development Bank staff Association who, in collaboration with the Lion’s Club Abidjan Strelitzia, joined forces to provide much needed assistance and support to the area.

In addition to the Clean-Up activities, the volunteers provided lunch for 1,300 pupils of the local nursery and primary school.

“I believe that the Bank and the Lions Club have the same concern which is improving lives of people in deprived areas.  When a group of people come together, roll up their sleeves and take action on a project to make their community better, it’s a beautiful thing and an incredible feeling for everyone involved,” said Daniele Ouegnin, President of Lion Club International, District 403 A2, Zone 311.

“Being a Lion is about leading by example, building relationships and improving the word through kindness. It is how caring Men and Women serve together so they can make greater impact and change more lives.”

To help the community remain clean, the mission donated cleaning tools, including 3 wheel garbage trucks , large wheeled waste bins, brooms, brushes, rakes, wheel barrows, shovels, gloves, garbage bags, masks, various cleaning products and disinfectant materials.

Principal of Ecole Primaire Publique 2, Mme Akabla Aoussi described the intervention as timely, given that the neighbourhood needs the donated tools to clean up the environment.

“We want to thank you for choosing this place that really needs help. Our environment is water-logged and in need of interventions like this,” she said.

The corporate social responsibility activity supports the Bank’s overall assistance to its host country.

At the end of October 2018, the Bank’s portfolio in Cote d’Ivoire comprised 23 operations (11 national, 5 multinational and 7 private sector operations) for total net commitments of €1,162 million. The public sector accounts for 16 operations valued at  €1,218.03 million, while the private sector accounts for 7 projects worth € 261 million. Transport and energy sectors account for 65% and 24% of the portfolio, respectively.

Since 1964, when the Bank started operations in Cote d’Ivoire, it has participated in financing about 85 operations amounted € 2,845 million.

African Development Bank

Corporate Citizenship

Dangote gets Top 5 Recognition in ‘Most Responsible Business In Africa’ Category

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Dangote Group was also named by SERAS one of the Top 5 “Most Responsible Business in Africa/Overall Winner”

LAGOS, Nigeria, December 7, 2018 In recognition of its 2017 Sustainability Report and significant progress in Sustainability Best Practices and Reporting in 2018, Dangote Industries Limited (DIL) (www.Dangote.com) received two awards at the 12th edition of the annual Sustainability Enterprise and Responsibility Awards (SERAS), which took place in Lagos Nigeria.

Two DIL subsidiaries received the SERAS Sustainability Awards for ‘Best Company in Hunger & Food Security’ as well as ‘Best in Supply Chain Management’ categories. In special recognition of its pioneering Sustainability Journey in 2018, Dangote Group was also named by SERAS one of the Top 5 “Most Responsible Business in Africa/Overall Winner.”

The conglomerate also received two Certificates of Recognition for the work of its Sustainability & Governance Function, which is responsible for embedding a culture of sustainability across the Group, tagged “The Dangote Way”.

The founder of SERAS, Dr. Ken Egbas, acknowledged the visible and inspiring impact of the Dangote Way, which Dangote Group President, Aliko Dangote has described as “our unique approach towards engendering sustainability across all our operations, at the core of our procedures and corporate culture, indicative of our absolute commitment to sustainability; powered by the highest levels of governance.”

Group Chief Sustainability and Governance Officer, Dr. Ndidi Nnoli; Group Head, Human Assets Management and Admin., Dangote Cement Plc, Dr. Musa Rabiu; Senior Adviser, Stakeholder Relations, DIL, Fatima Wali-Abdurrahman; General Manager /Head Sustainability, Dangote Cement Plc, Eunice Sampson; and Mr. Abimbola Akosile of the Corporate Communications Department, all Sustainability Champions, received the Awards.

The Dangote Way underlines the importance of People and Stakeholder Engagement on its journey towards better financial performance through responsible and sustainable business practices.

Dangote’s seven pillars of sustainability include the Economic, Social, Environmental, Financial, Cultural, Operational and Institutional (encompassing Governance, Risk, Compliance), which are aligned with the GRI Standard, Global Compact, IFC Performance Standards and SDGs, and are designed to ensure sustainability data embeds at the core of business processes and corporate culture, to demonstrate a clear business case for operationalizing sustainability best practices.

During the Dangote Sustainability Week, held in tandem with the United Nations General Assembly, hundreds of employees volunteered to further the Sustainable Development Goals across Dangote Cement Plants in 12 cities across Africa: Ghana, Congo, Ethiopia, Cameroon, Tanzania, Senegal, Zambia and Nigeria’s Cement plants located at Obajana (Kogi State), Ibeshe (Ogun State) which cleaned up the Ajibese community and Gboko (Benue State).

 

SOURCE Dangote Group

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Corporate Citizenship

African Development Bank, Big Win Philanthropy, Dangote Foundation launch ambitious plan to improve child nutrition, fight stunting

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Objective: to contribute to a 40% reduction in stunting in African children aged under 5 by 2025

Working with Big Win Philanthropy and Aliko Dangote Foundation, the African Development Bank has unveiled a new Multi-Sectoral Nutrition Action Plan that aims at raising investments towards reducing stunting by 40% in African children aged under 5 by 2025.

Africa loses $25 billion per year in costs attributed to child morbidity and mortality, impaired cognitive, physical, and economic development caused by malnutrition. Yet these losses are almost entirely preventable.

The ambitious Action Plan is looking for additional support and commitments from governments for nutrition.

Jennifer Blanke, Vice-President, Agriculture, Human and Social Development at the African Development Bank, stressed the importance of engaging energetically and substantially with the private sector, “if we want to achieve long-lasting results.”

Through the Multi-Sectoral Nutrition Action Plan, the Bank commits to scale up the proportion of investments that are ‘nutrition-smart’ in agriculture, water, sanitation and hygiene, social and health sectors.

“In terms of human development, nutrition is as important as investments in infrastructure and power in stimulating economic growth. Big Win Philanthropy is thrilled with President Adesina’s leadership in giving greater priority to nutrition and the wider human capital investment agenda,” said Jamie Cooper, Chair and President, Big Win Philanthropy.

“By leveraging investments across five sectors, and encouraging its member countries to do the same, the African Development Bank is achieving ‘double wins’ for every dollar spent: improving lives and generating economic growth.”

Nutrition is inextricably linked to the Bank’s High 5 priorities: nutrition-smart investments could be catalytic for realizing equitable growth agenda.

Speaking at the launch, Chief Executive Officer of Dangote Foundation, Zouera Youssoufou, said, “We know we cannot do this by ourselves, so it made sense to put money at the African Development Bank to develop this nutrition strategy. We are really happy to see the strategy come together following a two-year journey.”

In 2017, more than a third of the world’s stunted children under the age of five lived in Africa with stunting rates ranging from 35.6% in East Africa to 32.1%, 29.9%, 29.1%, and 17.3% in Central Africa, West Africa, Southern Africa and Northern Africa respectively, according to the Plan, which also revealed that Africa is the only region in the world where the number of stunted children has risen in the past few years.

The Plan will focus on integrating nutrition smart interventions into projects in the Bank’s extensive agriculture pipeline. The Bank’s Feed Africa Strategy executes the Comprehensive Africa Agriculture Development Programme (CAADP) goals of contributing to elimination of extreme hunger, malnutrition, and poverty. In addition to improved productivity, the Action Plan looks into the potential to nourish Africa, by including commodity value chains that offer broad-based nutrition value, instead of just calories.

This will include leveraging flagship initiatives including Technologies for African Agricultural Transformation (TAAT), the Staple Crop Processing Zones Programme, and Integrated Agro-Industrial Parks.

To realise its human and economic potential, Africa must invest in nutrition – particularly during the 1,000 days between conception and the age of two – as a crucial foundation for productivity later in life, said Oley Dibba-Wadda, the Bank’s Director Human Capital, Youth and Skills Development Department.

“The African continent has the potential to become a powerhouse of productivity in the 21st century but cannot sustain rates of economic growth and at the same time integrate its burgeoning youth population without addressing these high rates of stunting.”

The Bank is strengthening political engagement and building partnerships by enlisting Heads of State, ministers, and eminent leaders as champions to spur and build a high-level political movement and leadership for nutrition, known as the African Leaders for Nutrition (ALN), which was endorsed by the Assembly of Heads of State and Governments of the African Union (AU) at the 30th Ordinary AU Summit, held in Addis Ababa, Ethiopia on 31 January 2018.

African Development Bank

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Afripreneur

Sahara Foundation Empowers 30 Entrepreneurs To Mark World Entrepreneurship Month

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Beneficiaries of #StartUpNation photographed with the organizers in Lagos, Nigeria.

 

November is celebrated globally every year as the Entrepreneurship Month. It is a period to celebrate men and women who brave all odds to take smart risks in business – an informed leap in the dark if you will – to create value.

StartUps are gaining traction across the globe as more people continue to embrace the challenge of carving a niche for their business ideas. Particularly noteworthy and deserving of commendation are the young people who have taken the bull by the horns by starting, running and sustaining businesses in climes with peculiar economic challenges.

Sahara Group is delighted to celebrate these heroes who would ultimately emerge as icons and business leaders.

Having spent the month of November showcasing innovative business solutions by entrepreneurs across various sectors, Sahara Foundation organized an Entrepreneurship Workshop to help beneficiaries lay a solid foundation for their businesses.

Themed StartUp Nation, the one day workshop hosted 30 young entrepreneurs to five transformative sessions with accomplished professionals and entrepreneurs as facilitators. The entrepreneurs who were selected via the Foundation’s digital platform for young innovators and entrepreneurs – www.saharahub.com – were exposed to business rudiments as well as knowledge and information for growing their businesses.

Olumuyiwa Adebayo, CFA Head, Group Finance,  Sahara Group during a session at #StartUpNation
Olumuyiwa Adebayo, CFA Head, Group Finance, Sahara Group leading a session at #StartUpNation

The workshop sessions included topics on finance, business funding, branding, social media use for business and starting and growing a business with currently available resources.

Ivie Imasogie- Adigun, Group Head, Human Resources, Sahara Group set the tone for the workshop with a thought-provoking opening remark. “Entrepreneurs are people who pursue their dreams passionately and are never afraid to fail. This tenacity ultimately equips them for the journey ahead, paving the way for success as long as they remain focused, innovative and determined. This is a path we have been through and continue to develop at Sahara Group and we are delighted to support young people to realise their dreams,” she counselled.

Beneficiary at #StartUpNation
Beneficiary at #StartUpNation

The Facilitators included Olumuyiwa Adebayo, Head, Sahara Group Finance; Oyindamola Johnson, an African Union Youth Champion; Omolabake Bode-Matthew, a successful entrepreneur; Adenike Bamigbade, Digital Marketing Expert; and Tunji Andrew, a serial entrepreneur, radio show host and investor. Their sessions were engaging, practical and resourceful.

In what could have easily passed for a mini-MBA, the participants were schooled and practically shown the way to navigate business terrains with particular reference to the Nigerian market.

 Oyindamola Johnson - Curator, Elevate Your Game
Oyindamola Johnson – Curator, Elevate Your Game at #StartUpNation

Citing the entrepreneurial trajectory of Sahara Group, Mrs. Pearl Uzokwe, Director of Governance & Sustainability, closed the session by assuring the entrepreneurs that they had the potential of becoming the next big businesses. “Sahara Group was founded by three entrepreneurs 22 years ago and today the business has become a global conglomerate operating in 38 countries across Africa, Asia, the Middle East and Europe. We believe you are on the right path and Sahara Group will continue to support young entrepreneurs through the SaharaHub and similar initiatives. StartUps and small businesses are critical for economic growth and development and we remain committed to providing platforms for small businesses to thrive and grow.”

Sahara Foundation Manager, Oluseyi Ojurongbe stated that the empowerment project was the first of many more platforms to support young entrepreneurs with the tools, resources, networks, and funds needed to grow their businesses. “This is the thrust of Sahara Foundation’s Extrapreneurship drive,” he added.

 

SAHARA GROUP

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