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Sterling One Foundation and United Nations announce Africa social impact summit (ASIS 3.0) 2024

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The Sterling One Foundation, in partnership with the United Nations Nigeria, officially launched the Africa Social Impact Summit (ASIS 3.0) 2024 during a press conference held on Tuesday, July 9th, at the Lagos Oriental Hotel.

The event was attended by notable figures including Olapeju Ibekwe, CEO of Sterling One Foundation; Mohammed M. Malick Fall, Resident and Humanitarian Coordinator of the United Nations in Nigeria; and MD/CEO of Sterling Bank, Abubakar Suleiman.

Other key participants included Executive Director of the MTN Foundation, Odunayo Sanya; Senior Special Assistant to the Lagos State Governor on Commerce, Cooperatives, Trade, and Investments, Hauwa Adeeyo; and the CEO of ABC Health, Mories Atoki, among other significant stakeholders and partners.

Since its inception in 2022, ASIS has evolved into a pivotal platform aimed at driving social impact across Africa. The summit seeks to unite stakeholders from the public and private sectors and the development ecosystem to foster effective partnerships and advocate for impactful policies.

In her opening address, Olapeju Ibekwe emphasized the summit’s objectives: “The Africa Social Impact Summit has three major goals: to galvanize effective partnerships across the public sector, private sector, and the development ecosystem; to advocate for policies that will attract investments in major development sectors; and to ensure impactful investments in those sectors. We are pleased to announce that over 40% of last year’s participants have received various levels of investment.”

Highlighting the tangible outcomes from previous summits, Ibekwe noted, “One significant example is the MTN Foundation’s investment of over 3 billion Naira to support primary healthcare centers across the country in partnership with the Private Sector Health Alliance of Nigeria.

“This year, we will host an investors’ roundtable on July 24th at the Eko Convention Centre as a pre-event engagement before the summit on July 25th and 26th.”

She extended an invitation to stakeholders, including entrepreneurs, innovators, investors, and representatives from both the private and public sectors, to join in “reimagining progress and designing a new blueprint for sustainable growth in Africa.”

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United Nations Resident and Humanitarian Coordinator in Nigeria, Mohammed M. Malick Fall, underscored the urgency of the summit’s goals. “We have discovered that we are behind on several indicators, and this comes at a time of numerous global challenges, including economic downturns.

With only six years left to achieve the 2030 SDG targets, it is time to double our efforts. This gathering is crucial for galvanizing partnerships, as the SDGs are designed in such a way that no single sector or entity can meet these goals alone.

The theme of this year’s summit, ‘Reimagining Progress: A New Blueprint for Sustainable Growth in Africa,’ resonates deeply with the UN, prompting us to support and partner with the Sterling One Foundation in co-convening ASIS 2024.”

Abubakar Suleiman, MD/CEO of Sterling Bank and member of the Board of Trustees for Sterling One Foundation, expressed optimism about the summit’s collaborative potential. “As I walked into this room, I realized that our collective effort can achieve our goals. The institutions represented here demonstrate that we are well on our way to success.

At Sterling Bank, we have always believed in using our trusted position to solve problems by galvanizing partnerships. In the social impact scene, we are many but often weak due to being distributed and disconnected.

Size matters, and the beauty of what we do at Sterling One Foundation is our willingness to partner, co-convening with the United Nations.”

The Africa Social Impact Summit 2024 is poised to be a critical event for driving sustainable growth across the continent, addressing pressing issues through innovative solutions and strategic partnerships.

This year’s theme, “Reimagining Progress: A New Blueprint for Sustainable Growth in Africa,” underscores the urgent need for cohesive and impactful action.

(Edited by Oludare Mayowa; omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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