(Image source: Komencanto/commons)
Here is a brief overview of the week’s news on African Review, from 18th - 22nd September 2017
African Review weekly digest - 18th - 22nd September
Dangote Foundation, GBCHealth, join forces to build coalition on health
(Image source: Dangote Group/Twitter)
Through his Foundation, Dangote has made an unprecedented grant and seed contribution to GBCHealth of US$1.5mn over three years
Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa.
Chairman of Dangote Foundation, Aliko Dangote, shared plans to build an African Business Coalition on Health (ABCHealth), during the Bloomberg Global Business Forum, he was co-hosting, and which took place alongside the United Nations General Assembly this week in New York.
According to him, the African-led coalition of companies and philanthropists will seek to improve the health and well-being of Africans, both within the workplace and within the broader communities. He stated that the partnership will develop and deploy impactful health programs across Africa, deepening knowledge, building evidence for future investment and strengthening coordination among African philanthropists, business leaders, companies and local business networks.
The Coalition is building on the leadership, reputation and convening power of the Aliko Dangote Foundation and the experience, reputation and global reach of GBCHealth. Critical issues that will be the focus of the partnership ranges from nutrition to malaria, with priorities identified and agreed by local leadership.
Through his Foundation, Dangote has made an unprecedented grant and seed contribution to GBCHealth of US$1.5mn over three years as a call to action and a signal to the African business community of the importance of working together and investing in health.
“The time is ripe for the private sector to proactively demonstrate its value in partnering to lead a new era in development,” said Mr. Dangote. “The coalition can provide much-needed guidance to ensure activities and investments are driving results in areas where the private sector can have a real impact, focusing on holistic and integrated solutions that cross borders. We look forward to working with other business leaders as partners in development to drive this impact.”
Co-chair of GBCHealth’s Board of Directors, Aigboje Aig-Imoukhuede said, “This coalition brings together two heavyweights in the health and development arena”.
“Together we have an opportunity to demonstrate how investing in health and creating healthier populations, can help business maximise shareholder value, accelerate economic growth and make entry into new markets more feasible.”
The coalition will have five primary objectives over its first three years:
- Incubate partnerships on priority health programs to enhance and accelerate results;
- Work directly with companies to optimize workplace and community health programs;
- Advocate for policies and initiatives that drive system-level changes;
- Create a hub of data and insights specific to Africa and African business;
- Curate leadership events to convene and drive action around common health issues, across sectors.
The program will kick off in Nigeria and roll out through business regions in Africa and beyond over the next three years.
The continent currently has 400 companies with revenue of more than US$1bn per year, and these companies are growing faster, and are more profitable in general, than their global peers. Coupled with these fast-moving regional leaders, small and growing businesses create 80 per cent of the continent’s employment and are stoking the engines of growth.
African Review weekly digest - 11th - 15th September
(Image source: Komencanto/commons)
Here is a brief overview of the week’s news on African Review, from 11th - 15th September 2017
Siemens collaboration with Uganda is progressing positively
Sabine DallOmo, CEO of Siemens, Southern Africa. (Image source: Siemens)
Siemens has made positive strides in collaboration with the Ugandan government and key stakeholders to identify opportunities to support some of the country’s immediate and long-term energy and infrastructure ambitions
IFAT Africa grows internationally
IFAT Africa last year. (Image source: IFAT Africa)
From 12 - 14 September 2017, the Johannesburg Expo Centre will once again be the meeting point for the African environmental industry
More Articles …
The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development, says IRENA. (Image source: IRENA)
World Bank & African Development Bank partner to provide electricity access to 300 million Africans by 2030, leveraging public-private investments. (Image source: Adobe Stock)
At WFES, Gotion High-tech will showcase its latest products and leading green energy solutions at its booth. (Image source: Gotion High-tech)
The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)
SSAB will begin deliveries of the new products in 2026.
The key issues restricting sub-Saharan Africa’s manufacturing sector will be unpacked at Manufacturing Indaba later this year. (Image source: Adobe Stock)
Hyphen is developing sub-Saharan Africa’s largest, most advanced and only fully-vertical integrated green hydrogen project. (Image source: Hyphen)
According to Liebherr, the Used Equipment Marketplace is extremely user-friendly. (Image source: Liebherr)
Electricity storage will be pivotal in unlocking renewable projects and meeting energy demand. (Image source: Adobe Stock)
Africa Data Centres and DPA SA have broken ground on their solar farm in the Free State. (Image source: Africa Data Centres)
A Cat PM310 Cold Planer in action. (Image source: Caterpillar)
A larger stockholding of WEG products facilitates ready access for customers. (Image source: WEG Africa)
African nations have turned to the concept of power pools to address the continent's energy deficit and foster regional cooperation. (Image source: Synergy Consulting)
Dietmar Siersdorfer is expanding his role as Middle East managing director at Siemens Energy to include Africa. (Image source: Siemens Energy)
The Msikaba Bridge has anchor blocks 17 m wide which contain around 21,000 tons of concrete. (Image source: Sanral)
