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Tag: Dr. Ngozi Okonjo-Iweala

  • Regional Leaders Highlight Role of Standards Harmonisation in Unlocking Africa’s Agricultural Export Potential

    Regional Leaders Highlight Role of Standards Harmonisation in Unlocking Africa’s Agricultural Export Potential

    Policymakers, regulators, agribusiness leaders and development partners from across East and Southern Africa have concluded a two-day high-level engagement focused on how improved cooperation on standards can boost Africa’s export competitiveness. The event, “Beyond Tariffs: How Standards and Regulations Shape Agribusiness Competitiveness,” held from December 10–11 in Nairobi, spotlighted the growing importance of sanitary, phytosanitary and technical standards in shaping trade outcomes for African agricultural products.

    Convened by the World Trade Organization (WTO) Secretariat in partnership with the Bill & Melinda Gates Foundation and the Government of Kenya, the gathering brought together about 100 participants, including standard-setting bodies, MSMEs, international organizations and regional development institutions.

    The sessions underscored that while tariffs still dominate public conversations around trade, non-tariff measures — particularly health, safety and technical standards — now play an even bigger role in determining market access for African exporters.

    WTO Director-General, Dr. Ngozi Okonjo-Iweala, in her virtual opening remarks, stressed that “standards and regulations increasingly decide who gets to compete and who is left behind.” She noted that for micro, small and medium-sized enterprises across developing countries, the ability to meet evolving global requirements can determine whether they thrive or lose markets overnight.

    Kenya’s Cabinet Secretary for Investments, Trade and Industry, Hon. Lee Kinyanjui, delivered the keynote address, calling on African governments and private sector players to view standards not as barriers but as strategic tools. “Our task is to harmonize these measures, strengthen our trade capacity and ensure that our producers, especially SMEs, are equipped to meet them,” he said. He added that enabling exporters to anticipate and adapt to new requirements is critical for Africa’s participation in global value chains.

    A major highlight was the launch of a new Standards and Trade Development Facility (STDF) project to expand the use of the ePing SPS & TBT Platform across Kenya, Namibia, South Africa, Tanzania and Uganda. The initiative will support farmers, exporters and regulators with improved technology tools and capacity-building programmes to better track regulatory changes and respond effectively.

    Dr. Okonjo-Iweala noted that the project aligns with commitments made by WTO members at the 13th Ministerial Conference to support countries most affected by regulatory challenges, adding that Africa must position itself to meet global standards while shaping them as emerging leaders in international markets.

    Panels and thematic discussions throughout the event examined how standards affect key agricultural value chains such as horticulture, coffee, tea, livestock and fisheries. Stakeholders also explored how regional and international regulatory frameworks — including the African Continental Free Trade Area (AfCFTA) — can be better aligned to reduce technical barriers and enhance export readiness.

    Participants agreed that improved standards convergence, stronger quality infrastructure and increased private-sector awareness will be essential for boosting Africa’s agricultural exports, creating jobs and ensuring inclusive economic growth.

    The event was co-organized by the Gates Foundation and the WTO Secretariat, in collaboration with the Government of Kenya, the Standards and Trade Development Facility (STDF) and the International Trade Centre (ITC).

  • Trump tariffs have caused “the greatest disruption in trade in 80 years”: WTO’s Dr. Ngozi Okonjo-Iweala

    Trump tariffs have caused “the greatest disruption in trade in 80 years”: WTO’s Dr. Ngozi Okonjo-Iweala

    This week, Dr. Ngozi Okonjo-Iweala sat down with CNN’s Christiane Amanpour at the network’s first Global Perspectives event in London to discuss the big picture on global trade before zeroing in on Africa.

    The Nigerian economist and World Trade Organisation (WTO) director-general called the ripple effect of Trump administration tariffs “the greatest disruption in trade in 80 years.” She also said that she agreed with some of the criticisms levelled at the organisation by the US.

    “The crisis is an opportunity to reform (the WTO),” she said, calling for greater transparency and conceding that decision-making “sometimes … does result in paralysis.”

    “In this modern world with AI, we need to find a way to be flexible, faster,” she added.

    Okonjo-Iweala noted that the US isn’t the only nation critiquing the WTO, and developing nations also have legitimate gripes. “I think they are coming to the fore because of the crisis we’re in,” she said.

    Beyond the bureaucracy, the director-general was bullish about the continent’s prospects, pointing to an IMF projection of 4% growth in Africa in 2025 and 2026.

    “Most of Africa’s mineral resources are yet to be discovered,” she said, while pointing to the continent containing “67% of the world’s arable land,” and 22% of the world’s working population.

    “But how do we make this work for us?” she added.

    Okonjo-Iweala called for “careful thinking” on tensions in Nigeria, after US President Donald Trump suggested the United States may take military action there to protect the nation’s Christians.

    Okonjo-Iweala, who previously served as Nigeria’s finance minister, said “This is an incredibly complex question. The situation is very difficult and needs careful thought.

    “It has religious issues involved in it, it has resource issues involved in it, it has different complexities. So, I just think we need careful thinking through.”

  • Melissa Kariuki, Dr. Ngozi Okonjo-Iweala, others to Speak At WTO Public Forum

    Melissa Kariuki, Dr. Ngozi Okonjo-Iweala, others to Speak At WTO Public Forum

    Melissa Kariuki, Founder and CEO of Whip Music and one of the GRAMMYs’ 13 Women Shaping African Music (2025), Dr. Ngozi Okonjo-Iweala, WTO Director-General and others will speak at the prestigious World Trade Organization (WTO) Public Forum 2025 in Geneva on 18 September 2025.

    This invitation follows Kariuki’s recognition as a member of the Recording Academy (GRAMMYs) and her inclusion on Hotlist Africa’s Top 30 Executives in the African Music Industry (2025), further establishing her as one of Africa’s most influential young leaders at the intersection of creativity, technology, and trade.

    The World Trade Organization (WTO) is the only global organization that formulates and enforces the rules of trade between nations, with 166-member countries representing over 98 percent of global trade and GDP. The Public Forum is the largest global trade policy platform, drawing government leaders, corporate executives, academics, and civil society to discuss the future of trade. Being invited to speak is exceptionally prestigious as it marks Kariuki as a recognized emerging global thought leader.

    Kariuki will speak in a session titled “Bridging Digital Divides Through Local Solutions”, highlighting how enabling digital policies and technology infrastructure can allow African creators to scale globally and strengthen the continent’s role in the world economy.

    “I am honoured to be invited by the WTO to share Africa’s perspective on digital trade and creativity as a driver of global growth. For too long, creativity has been seen as culture, but it is also one of Africa’s highest-potential commodities. With the right digital policies and local solutions, African creators can reach global markets, scale new industries, and shape the future of trade. As a young, African woman in technology and the creative economy, it is a privilege to represent our continent at this global forum and to ensure our voices and solutions are part of the world’s trade agenda.” – Melissa Kariuki.

    The event will feature other distinguished leaders from both the public and private sectors, among them are Pedro Manuel Moreno, Deputy Secretary-General of UNCTAD; Shamika N. Sirimanne, Director of Technology, UNCTAD; Aissatou Diallo, Chief of the Office for Africa at the International Trade Centre; Katherine Wang, Manager of Trade and Supply Chain Policy at Amazon Web Services; Claire Alexandra, Head of International Government Relations for PayPal. Other are Christian Keller, Chair and General Manager of IBM Switzerland; Fancy Too, Ambassador and Permanent Representative of Kenya to the United Nations Office; and Dr. Elizabeth Sidiropoulos, Executive Director of the South African Institute of International Affairs.

    Creativity as Africa’s Next Global Commodity

    Africa’s creative economy, currently valued at US$58.4 billion, accounts for roughly 4 per cent of the continent’s GDP but represents less than 0.3 per cent of global creative exports. For example, in one of Africa’s largest economies, South Africa, the creative sector generated roughly the same amount of revenue as agriculture at US$8.7 billion (R161 billion) in 2020. Analysts predict that with the right digital policies and trade frameworks, African creative exports could reach US$200 billion by 2030, potentially accounting for 10 percent of global creative goods trade.

    Kariuki’s contribution to the WTO Public Forum underscores the growing recognition of creativity not only as cultural expression but also as a strategic commodity with transformative trade potential.

  • Bill Gates to Direct Majority of $200 Billion Pledge Toward Africa’s Future

    Bill Gates to Direct Majority of $200 Billion Pledge Toward Africa’s Future

    …Commits to partnering with governments that put people’s health and wellbeing first

    In an address today in Nelson Mandela Hall at the African Union, Gates Foundation Chair Bill Gates urged African leaders to seize the moment to accelerate progress in health and development through innovation and partnership, despite current headwinds. He announced that the majority of his $200 billion spend over the next 20 years will go to Africa with a focus on partnering with governments that prioritize the health and wellbeing of their people.

    “I recently made a commitment that my wealth will be given away over the next 20 years. The majority of that funding will be spent on helping you address challenges here in Africa.”

    Addressing over 12,000 government officials, diplomats, health workers, development partners, and youth leaders in person and online, he underscored the critical role of African leadership and ingenuity in driving the continent’s health and economic future.

    “By unleashing human potential through health and education, every country in Africa should be on a path to prosperity – and that path is an exciting thing to be part of,” Gates said.

    Following his address, Gates joined Dr. Paulin Basinga, the foundation’s Africa director, in a fireside chat to discuss Africa’s development agenda and the investments and partnerships needed to drive future progress.

    Calls for collaboration and shared responsibility were delivered by prominent African leaders, including Dr. Ngozi Okonjo-Iweala, director-general of the World Trade Organization, and Amina J. Mohammed, deputy secretary-general of the United Nations.

    Renowned advocate for women and children, Mrs. Graça Machel, described the current situation as “a moment of crisis” and emphasized the importance of enduring partnerships in Africa’s development journey. “Mr Gates’ long-standing partnership with Africa reflects a deep understanding of these challenges and a respect for African leadership, ideas and innovation,” she said. “We are counting on Mr Gates’ steadfast commitment to continue walking this path of transformation alongside us.”

    Dr. Ngozi Okonjo-Iweala emphasized that Africa’s health progress is a result of strong government leadership, resilient communities, and partnerships that deliver results.

    Gates called for prioritizing primary healthcare, emphasizing that “investing in primary healthcare has the greatest impact on health and wellbeing. With primary healthcare, what we’ve learned is that helping the mother be healthy and have great nutrition before she gets pregnant, while she is pregnant, delivers the strongest results. Ensuring the child receives good nutrition in their first four years as well makes all the difference.”

    Gates’ speech highlighted how countries like Ethiopia, Rwanda, Zimbabwe, Mozambique, Nigeria, and Zambia are showing what’s possible when bold leadership harnesses innovation. From expanding frontline health services and using data to cut child mortality, to deploying advanced tools against malaria and HIV, and safeguarding primary healthcare despite fiscal strain—these country-led efforts are driving scalable, homegrown progress.

    Reflecting on more than two decades of engagement on the continent, Gates said, “I’ve always been inspired by the hard work of Africans even in places with very limited resources.” He added, “The kind of field work to get solutions out, even in the most rural areas, has been incredible.”

    Gates spoke about the transformative potential of artificial intelligence, noting its relevance for the continent’s future. He praised Africa’s young innovators, saying he was “seeing young people in Africa embracing this, and thinking about how it applies to the problems that they want to solve.” Drawing a parallel to the continent’s mobile banking revolution, he added, “Africa largely skipped traditional banking and now you have a chance, as you build your next generation healthcare systems, to think about how AI is built into that.”

    He pointed to Rwanda as an early example of this promise, noting, “Rwanda is using AI to improve service delivery. E.g. AI-enabled ultrasound, to identify high-risk pregnancies earlier, helping women receive timely, potentially life-saving care.”

    In Ethiopia and Nigeria this week, Gates will see first-hand the state of health and development priorities in the wake of foreign aid cuts, and he will affirm his and the foundation’s commitment to supporting Africa’s progress in health and development over the next 20 years.

    “Our foundation has an increasing commitment to Africa,” Gates said. Our first African office was here in Ethiopia about 13 years ago. Now we have offices in South Africa, Kenya, Nigeria and Senegal. That’s a great way for us to strengthen partnerships.”

    While in Ethiopia, Gates met with Prime Minister Abiy Ahmed and heard how Ethiopia is sustaining the momentum on critical reforms, expanding essential services, and remaining resilient amid shifting global aid dynamics. Gates also took part in a roundtable with the Ethiopian Public Health Institute on the country’s iodine-folic acid double-fortified salt initiative.

    From Addis Ababa, Gates will travel to Nigeria, where he will meet with President Bola Ahmed Tinubu and engage with federal and state leaders to discuss Nigeria’s primary health care reforms. He will also participate in a Goalkeepers Nigeria event focused on Africa’s innovation future and meet with local scientists and partners shaping Nigeria’s national AI strategy and scaling up health solutions.

    Gates’s trip follows the foundation’s historic announcement on May 8 that it would spend $200 billion over the next 20 years to advance progress on saving and improving lives and Gates’ commitment to give away virtually all of his wealth to the foundation in that timeframe. Over the next two decades, the foundation will work together with its partners to make as much progress as possible towards three primary goals: end preventable deaths of moms and babies; ensure the next generation grows up without having to suffer from deadly infectious diseases; and lift millions of people out of poverty, putting them on a path to prosperity. At the end of 20 years, the foundation will sunset its operations.

    Over the last two decades, the Gates Foundation has worked alongside African partners to save lives, develop vaccines, and strengthen systems. It has helped catalyze more than 100 innovations and contributed to saving more than 80 million lives through Gavi and the Global Fund to Fight AIDS, Tuberculosis, and Malaria.

  • Okonjo-Iweala, WTO Director-General, Welcomes Positive U.S.-China Trade Talks, Emphasizes Need for WTO Reform

    Okonjo-Iweala, WTO Director-General, Welcomes Positive U.S.-China Trade Talks, Emphasizes Need for WTO Reform

    The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has welcomed the constructive discussions between the United States and China held in Geneva. Following her meeting with Chinese Vice-Premier, He Lifeng, she expressed optimism about the progress made and its potential global economic impact.

    “I am pleased with the positive outcome of the talks between the United States and China in Geneva. These discussions mark a significant step forward and, we hope, bode well for the future. Amid current global tensions, this progress is important not only for the US and China but also for the rest of the world, including the most vulnerable economies,” Okonjo-Iweala stated.

    She emphasized the importance of sustained dialogue, urging both nations to build on this momentum by continuing to develop practical solutions that mitigate tensions, restore predictability, and strengthen confidence in the multilateral trading system.

    Additionally, WTO reform was a key discussion point between Okonjo-Iweala and Vice-Premier He Lifeng. The WTO chief welcomed China’s support for strengthening the organization, underscoring the critical need to reposition global trade rules to align with today’s economic realities.

    “During my conversations with Vice Premier He, we also addressed the need for WTO reform. I welcome China’s support for these reforms and the repositioning of the organization to better serve today’s global trade environment,” she added.

    The WTO remains committed to fostering trade cooperation, reducing global tensions, and ensuring equitable access to international markets, reinforcing its role as a key driver of global economic stability.

  • African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063

    African Leaders Unite to Mobilize African Investment and Financing for Implementing Agenda 2063

    …Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical development sectors

    On the sidelines of the 38th Ordinary Session of the Assembly of the African Union Summit in Addis Ababa, Ethiopia, African Heads of State, Government and Business Leaders convened for a Presidential Breakfast Dialogue to address the continent’s financing and investment gaps. The event was held under the theme “Africa at the Forefront: Mobilizing African Investment and Financing for Implementing Agenda 2063”.

    The dialogue, which was hosted by His Excellency John Dramani Mahama, President of the Republic of Ghana and Champion on African Union Financial Institutions, in collaboration with the African Union Commission (AUC) and the Alliance of African Multilateral Financial Institutions (AAMFI), reaffirmed the continent’s commitment to accelerating self-reliant, sustainable economic development.

    In his keynote address, President Mahama emphasized the urgency of strengthening Africa’s financial independence through domestic resource mobilization, concessional financing, and strategic public-private partnerships. “Africa must harness its own financial and investment capacities to drive the transformative vision of Agenda 2063. We cannot continue to rely on external financing mechanisms that do not align with our long-term development goals,” he stated.

    Dr. Ngozi Okonjo-Iweala, Director General, World Trade Organization (WTO) emphasized the need for Africans to take charge of their own development by shifting mindsets and strengthening financial self-sufficiency.

    She Said, “The Africa Club is a crucial step toward looking inward and harnessing our own potential. However, we need to focus on four key priorities for Africa’s financial and economic transformation: Firstly, strengthening African financial institutions – If we are to finance our continent’s development, we must capitalize our own financial institutions, including national development banks, ensuring they have the resources to support Africa’s needs. Secondly, let’s address debt challenges to attract investment – we must focus on attracting and retaining investment, including foreign direct investment (FDI), and implementing coordinated strategies to leverage equity financing. Instead of relying on aid, Africa should push for partnerships that channel financial resources into investments. Thirdly, let’s leverage domestic resources – with over $250 billion in pension funds on the continent, we must tap into these resources for development. Strengthening our capital markets, integrating African financial institutions, and utilizing diaspora bonds can significantly boost Africa’s financial resilience. Lastly, let’s drive trade and economic growth – sustainable financing hinges on Africa’s ability to grow its economies, trade more, and add value to its products. Without economic expansion, the resources needed to bridge financing gaps will remain out of reach.”

    Speaking during the dialogue, H.E. Dr. Monique Nsanzabaganwa, Deputy Chairperson of the African Union Commission, highlighted Africa’s immense potential and the critical role of collaboration. “This is an exciting time for Africa, which has been stretching and renewing itself economically, politically, and socially in recent years. Only the grumpiest pessimists will bet against this new era of ‘Africa Time’ for its economic and social transformation as envisioned under Agenda 2063.”

    Dr. Nsanzabaganwa urged investors to seize the opportunities within Africa’s evolving economic landscape. “You will be right to have faith and believe in investing in Africa. The continent is perceived as the ‘new frontier,’ the ‘future paradise’ that sharpens a race to markets by an increasing number of investors.”

    Speaking on behalf of AAMFI, Prof. Benedict O. Oramah, Chairperson of AAMFI’s Governing Council and President of Afreximbank, underscored the significance of African financial institutions leading the charge in development finance. “AAMFI represents Africa’s collective financial strength, and through coordinated action, we will mobilize resources at scale to achieve Agenda 2063,” he stated. He further emphasized Africa’s need for financial solidarity in debt resolution: “We have developed a platform that will make it possible to jointly invest in projects that are impactful to the continent. There is no reason why the bridge across Congo Brazzaville and Congo Kinshasa should not be built, the cost is a mere US$500 million; there is no reason why railways cannot be built across Africa, at best they cost about US$1-2Bn. We cannot call for a reform of the international financial architecture on weak legs, no one will listen to us if they view us as mere beggars. We must rely on our own institutions and use this platform to leverage our individual and collective resources to transform our continent. Let’s strengthen our alliance to meet our set objectives.”

    The dialogue featured a high-level panel of distinguished leaders and finance experts, including: Dr. Donald Kaberuka, African Union (AU) High Representative for Financing of the Union and the Peace Fund; Samaila Zubairu, 1st Vice Chairperson, AAMFI and President & CEO of Africa Finance Corporation (AFC); Dr. Corneille Karekezi, 2nd Vice Chairperson AAMFI and Group Managing Director & CEO, African Reinsurance Corporation; Ahunna Eziakonwa, Assistant Administrator and Regional Director for Africa, UNDP; and H.E. Amb. Albert Muchanga, Commissioner for Economic Development, Trade, Tourism, Industry, and Minerals, African Union Commission.

    Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical development sectors such as infrastructure, industrialization, and trade.

    The event also witnessed special investment announcements:

    • African Trade Transformation Fund (ATTF), a groundbreaking USD5 billion concessional finance window initiative by Afreximbank to provide concessional financing to unlock new opportunities for African businesses and governments.
    • Shelter Afrique Development Bank (ShafDB) introduced the Catalytic Capital Replenishment Fund to bridge the housing and urban infrastructure gap in Africa which is reported to be a 53-million-unit deficit requiring $1.3 trillion to bridge. 
    • The African Reinsurance Corporation (Africa Re) Group has pledged $1 million to the African Union Peace Fund. Additionally, the Corporation donated $500,000 to the Africa CDC during the COVID-19 pandemic and has now authorized the use of the balance for Mpox response efforts. The Group Managing Director further stated that Africa Re has committed 2% of its net profits to the African Re Foundation, which will allocate funds to support various initiatives across the continent, including disaster risk financing.
    • The African Solidarity Fund (ASF) established two key partnerships: a $320 million Guarantee Line to enhance access to housing credit and a $240 million Credit Line Guarantee to support women and youth empowerment, fostering entrepreneurship in the WAEMU.
    • Arab Bank for Economic Development in Africa (BADEA) launched a Debt for Equity initiative to support the capitalization of African Multilateral Financial Institutions by mobilizing resources from the Arab world towards sub-Saharan Africa. 

    African Heads of State & Government, including leaders from Angola, Nigeria, Mauritania, Rwanda, Zambia, Libya, Kenya, Cote d’Ivoire, Benin, and Equatorial Guinea, reaffirmed their commitment to strengthening Africa’s financial ecosystem and supporting the growth of AAMFIs as key instruments of economic transformation.

    The event concluded with a unified call to action for African governments, financial institutions, and the private sector to strengthen coordination and build strategic partnerships to accelerate Africa’s development by His Excellency Ambassador Albert Muchanga, Commissioner for Trade and Industry at the African Union Commission.

  • Five Winners of the 2024 Earthshot Prize Unveiled at Awards Ceremony in Cape Town

    Five Winners of the 2024 Earthshot Prize Unveiled at Awards Ceremony in Cape Town

    …2024 Winners will be awarded £1 million each to accelerate and scale their game-changing environmental solutions

    …Calls for nominations for the 2025 Earthshot Prize are now open

    Last night, the five 2024 Earthshot Prize Winners were announced at a star-studded awards ceremony in Cape Town, South Africa, hosted by Emmy, Grammy and Tony Award winner, Billy Porter and award-winning television presenter, Bonang Matheba. The 2024 Winners, selected from this year’s 15 Earthshot Finalists, will be awarded £1 million each to accelerate and scale their game-changing environmental solutions.

    Following a rigorous selection process focused on identifying impactful, inspiring and inclusive environmental solutions, the five Winners are:

    • Fix Our Climate: Advanced Thermovoltaic Systems
    • Revive Our Oceans: High Ambition Coalition for Nature and People
    • Build a Waste-Free World: Keep IT Cool
    • Protect and Restore Nature: Altyn Dala Conservation Initiative
    • Clean Our Air: Green Africa Youth Organization (GAYO)

    Speaking during the Awards Ceremony, Prince William said:

    “I believe our world can be rich in possibility, in hope, and in optimism. That is why The Earthshot Prize exists. To champion the game-changers, the inventors, the makers, the creatives, the leaders; to help them build upon the amazing things they’ve already achieved; to speed their innovations to scale and to inspire the next generation to create the future we all need.”

    Descriptions of the five Winners, by category:

    WINNER for Fix Our Climate:

    Advanced Thermovoltaic Systems, USA
    Nominated by: Herbert Smith Freehills LLP

    Advanced Thermovoltaic Systems (ATS) has developed a simple, safe and scalable technology to capture waste heat and convert it into electricity, offering a game-changing solution for heavy industries like cement and steel production. These industries require extremely high temperatures, which generate vast amounts of waste heat that is typically lost. ATS’s technologies have the potential to save gigatonnes of CO2.

    “At ATS, we are proud to lead the way in converting this waste into clean, usable electricity.  Winning the 2024 Earthshot Prize underscores the transformative potential of our technology. Tonight is a key moment for us as we focus on scaling up production in larger manufacturing facilities.” – Kelly Adams, CEO, Advanced Thermovoltaic Systems.

    WINNER for Revive Our Oceans:

    High Ambition Coalition for Nature and People, Global
    Nominated by: Campaign for Nature

    A groundbreaking alliance of 119 countries with the ambitious goal to protect 30% of land and oceans by 2030, High Ambition Coalition identifies technical, financial and knowledge gaps and connects governments with technical assistance and funding. They’ve already achieved a major milestone with the adoption of the “30×30” target in the 2022 UN Global Biodiversity Framework.

    Rita Maria El Zaghloul, Director, High Ambition Coalition for Nature and People said, “On behalf of the alliance, we are deeply humbled to be a Winner of this year’s Earthshot Prize. Today’s award validates the hard work and dedication of all involved in the 30×30 initiative and fuels our excitement and determination to protect 30 percent of the world’s land and oceans by 2030. Together, we can achieve a more sustainable and biodiverse future.”

    WINNER for Build a Waste-Free World:

    Keep IT Cool, Kenya
    Nominated by: Draper Richards Kaplan Foundation, Katapult Ocean

    Keep IT Cool (KIC) addresses the challenge of food spoilage by providing sustainable, localized refrigeration systems that help small farmers and fishers preserve their produce. By installing solar-powered cold storage units where fish are landed, KIC significantly reduces spoilage and waste by ensuring the catch stays fresh and managing its transport to market. With plans to grow into East Africa and beyond, KIC is now working to expand their activities in poultry, fruit and vegetables and aims to bring their solution to more communities.

    Francis Nderitu, Founder and Managing Director of Keep IT Cool said, “We are on a mission to revolutionise the food supply chain in East Africa. We are grateful for the recognition from The Earthshot Prize, and it is an important milestone for Keep IT Cool. We will continue to enhance market access, reduce waste and build climate resilience for small-scale fish and poultry farmers throughout the region.”

    WINNER for Protect and Restore Nature:

    Altyn Dala Conservation Initiative, Kazakhstan
    Nominated by: United Nations Environment Programme

    Altyn Dala Conservation Initiative has achieved the almost unprecedented feat of saving the critically endangered Saiga antelope from extinction. This mission has grown into one of the world’s largest conservation projects and is focused on protecting and restoring Kaakhstan’s Golden Steppe, one of the world’s least protected natural ecosystems.

    Vera Voronova, Executive Director, Altyn Dala Conservation Initiative said, “We are thrilled to be receiving the 2024 Earthshot Prize for Protect and Restore Nature. Altyn Dala demonstrates that when governments and civil society work together with a shared vision, we can achieve remarkable results. The restoration of the Saiga antelope population and the revival of the Central Asian steppe are not just triumphs for wildlife but for the local communities that depend on these ecosystems.”

    WINNER for Clean Our Air:

    GAYO, Green Africa Youth Organization, Ghana
    Nominated by: Clean Air Fund

    A youth-led, gender-balanced organisation, GAYO uses its “Zero Waste Model” to drive behavioural change in waste management practices across Africa that cut greenhouse gas emissions and particle pollution, while also bringing additional income to communities. Their goal is to reduce greenhouse gas emissions and particle pollution in Ghana by 70%, compared to open burning, as well as divert a total of 4,000 tonnes of waste by 2030. GAYO’s plans to scale would make them the leading model for waste management on the continent.

    Desmond Alugnoa, Co-Founder of the Green Africa Youth Organization (GAYO) said, “We are incredibly honored to be winning the Prize, which is a testament to the power of community-driven solutions and the importance of empowering those most affected by climate challenges. Our work in Ghana demonstrates that sustainable waste management isn’t just a possibility—it’s a necessity. The recognition by The Earthshot Prize fuels our commitment to replicating these models across Africa, proving that local solutions can have global impacts.”

    The five Winners of the 2024 Prize cohort were selected by Prince William and The Earthshot Prize Council, a diverse group of experts, advocates and individuals dedicated to championing urgent and innovative action to protect our planet. The Earthshot Prize Council is chaired by The Earthshot Prize Board of Trustees Chair, Dame Christiana Figueres, architect of the Paris Agreement.

    Members of The Earthshot Prize Council include: His Royal Highness Prince William, Her Majesty Queen Rania Al Abdullah, José Andrés, Sir David Attenborough, Cate Blanchett, Ernest Gibson, Hindou Oumarou Ibrahim, Wanjira Mathai, Stella McCartney, Nemonte Nenquimo, Luisa Neubauer, Indra Nooyi, Dr. Ngozi Okonjo-Iweala and Naoko Yamazaki.

    In addition to the five £1 million prizes supporting the growth of Winners’ solutions, each of the 15 Earthshot Prize Finalists will receive dedicated mentorship, resources and technical support through the year-long Earthshot Prize Fellowship Programme.

    That support includes access to the Prize’s robust network of influential experts and partners, including The Earthshot Prize’s Global Alliance of Partners, comprised of some of the world’s largest businesses, donors, investors and environmental organisations committed to climate action.

    Finalists will also have access to Launchpad, Earthshot’s bespoke online finance platform to matchmake Earthshot solutions to a growing community of members made up of mission-aligned donors and investors seeking to speed proven environmental solutions to scale.

    The Earthshot Prize is already gearing up for the 2025 Earthshot Prize. Nominations for the Prize’s fifth cohort of innovative solutions and entrepreneurs are now open.

    If you missed last night’s spectacular live event you can watch repeat broadcasts of the star-studded ceremony from 07 November on DStv Catch Up, Showmax, and on multiple DStv channels across Africa from 08 November. Check your local television schedules for more details.

  • Kikelomo Atanda-Owo Abati launches Third Book, Encounters: Governance, Policy, & Society Featuring Prominent Nigerian Leaders

    Kikelomo Atanda-Owo Abati launches Third Book, Encounters: Governance, Policy, & Society Featuring Prominent Nigerian Leaders

    Renowned media entrepreneur, journalist, established corporate entrepreneur and author Kikelomo Atanda Owo Abati has released her highly anticipated third book, Encounters: Governance, Policy, & Society. The new publication features insightful conversations with some of Nigeria’s most influential figures, including Dr. Ngozi Okonjo-Iweala, Babatunde Raji Fashola, Allen Onyema, Reuben Abati, Chude Jideonwo, Babajide Otitoju, Azubike Osumili, Ajuri Ngelale and many others.

    Following the success of her first book, Unbroken, a deeply personal autobiography detailing her life experiences and overcoming a near-fatal marriage, Encounters delves into critical discussions surrounding Nigeria’s governance, policy challenges, and societal progress. The book reflects Atanda-Owo’s commitment to contributing to national discourse through in-depth interviews with thought leaders shaping Nigeria’s future.

    In Encounters: Governance, Policy, & Society, Atanda-Owo’s interviews capture the essence of leadership and policy-making, providing readers with a unique perspective on Nigeria’s future. Her rich professional background and journey make this book compelling for those interested in governance, policy, and societal development.

    Kikelomo Atanda- Owo, often referred to as “Kiki,” brings to this work her extensive experience spanning about two decades in her extensive experience spanning about two decades in telecommunications, media, journalism, and strategic communications. She is the founder/convener of contemporary live talk show, Real Talk With Kike, on Silverbird and Inspiration 92.3 FM. She has become a leading voice in the communications industry.

    She is also the CEO of Z-Edge Limited, a top-notch organization that offers corporate and management training, event management, procurement, and targeted integrated marketing communications services, Atanda-Owo has consistently demonstrated strategic leadership, positioning the company as a frontrunner service brand in Nigeria.

    In addition to her professional achievements, Atanda-Owo remains a staunch advocate for single mothers and widows through herKike Hub Foundation, highlighting her dedication to uplifting underserved communities. She is also recognized for her exemplary work in media entrepreneurship, collaborating with major industry players like MTN Nigeria and Stanbic IBTC. She orchestrated the “MTN Football Scholar” program for 21 young, talented Nigerian boys who are presently in the US studying and working with the funding of $3M per season over 3 years and helped generate $7.25M in partner revenues.

    Kikelomo Atanda-Owo’s influence continues to grow, as she was named one of the top 15 most powerful women journalists in Nigeria by WiJAfrica in 2023 and 2024. Armed with a bachelor’s degree in communications, an MSC from Kingston University and MBA from the University of South Wales, she remains a trailblazer in media, communications, and strategic consultancy, inspiring the next generation of leaders.

    The book is available on Amazon, iBooks, Rakuten Kobo and many other e-book selling platforms.

  • African-American Billionaire Philanthropist, Robert Smith, and others Nominated for the African Heritage Awards in South Africa

    African-American Billionaire Philanthropist, Robert Smith, and others Nominated for the African Heritage Awards in South Africa

    .. Nigerians on the list include Okonjo-Iweala, Ogunlesi, Alakija

    Johannesburg, South Africa’s most populous city, is set to host the 2nd Edition of the African Heritage Awards (AHA) 2024, which aims to honour African greats who have impacted immensely to the advancement of humanity.

    According to a statement issued on Friday in Johannesburg by the organizers, Heritage Times HT, the event is slated to hold on April 13, 2024, at the Sandton Convention Center, Johannesburg, South Africa.

    The ‘City of Gold’ will host the prestigious pan-African event which is a sequel to the inaugural edition held on April 1, 2023 in Kigali, Rwanda. The African Heritage Awards is a gathering strategically organized to celebrate and recognize outstanding global accomplishments of Africans within the continent and in the Diaspora, in areas of Business, Politics, Philanthropy, Entertainment & Arts, Culture, Science & Technology, and Social Innovation.

    This year’s Awards is headlined by African-American billionaire Philanthropist, Robert. F. Smith, Chairman/CEO of Vista Equity Partners, Texas, United States; His Excellency, Dr. George Weah, former President of Liberia; His Excellency, John Dramani Mahama, former President of Ghana; Her Excellency, Mama Rachael Ruto, First Lady of the Republic of Kenya & Founder of Mama Doing Good Organization; Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization.

    Others are: Mr & Mrs Strive Masiyiwa, Founder & Executive Chairman of International Technology Groups, Econet Global and Cassava Technologies; Adebayo Ogunlesi, Chairman/Managing Partner, Global Infrastructure Partners; Professor Thulisile Nomkhosi Madonsela, Founder of the Thuli Madonsela Foundation; Victoire Tomegah Dogbe, Prime Minister of Togo; Mrs Folorunsho Alakija, Managing Director of the Rose of Sharon Group and Executive Vice Chairman of Famfa Oil Limited; Othman Benjelloun, Co-chair of BMCE Bank Foundation and Madam Graca Machel, Founder of Graca Machel Trust and many others.

    According to Heritage Times HT, the organizers of the African Heritage Awards 2024, it’s expected that this year’s edition will be more remarkable and historic, as it will be chaired by His Excellency, Sir Seretse Khama Ian Khama, former President of Botswana, and will be attended by former Heads of States and Captains of Industries across the African continent.

    The recognition and awards, according to the organizers, have become imperative to sustainably foster the African culture of excellence, promote Afrocentrism, and create an ecosystem that will further retell the true African story towards the advancement of the continent’s full potentials.

    This year, the organizers are moving the African Heritage Awards to the southern divide of Africa, the home of Kwaito music and the cacophonous sounds of Amapiano, to specially honour distinguished African personalities, who have dignified themselves through remarkable achievements across the globe, whilst creating sustainable impact to uplift others.

    Besides conferring international prestige and recognition on these deserving Africans, the Awards will focus on the critical importance of culture and leadership, which according to the organizers, lies at the core of any shared advancement of socio-economic and political development in Africa.

    The Awards is also primed to cast a spotlight on individuals who, under challenging circumstances, have empowered Africans and impacted their sphere of influence to pave the way for sustainable and equitable development.

    Taking cognizance of the reality that Africa is root to a plethora of people all over the world who continue to thrive and evolve despite the limitations and challenges stemming from stereotypes, the organizers of the AHA strongly affirm that the event will contribute immensely to changing the global perception of Africans, and also spur the needed critical mass for the attainment of cultural evolution and revolution in sustainable development.

    For participation and reservation, kindly click on the link to register https://apo-opa.co/42qRL55

  • Finance Houses Association of Nigeria (FHAN) elects Dr. Sonnie Babatunde Ayere as President

    Finance Houses Association of Nigeria (FHAN) elects Dr. Sonnie Babatunde Ayere as President

    Founder & GCEO, DLM Capital Group, Dr. Sonnie Babatunde Ayere has been elected as the President of the Finance Houses Association of Nigeria (FHAN). He was elected unopposed on the 10th of November 2023. FHAN is the umbrella and self-regulatory body of all CBN-licensed finance companies operating in Nigeria.

    The association, with a membership strength of One Hundred and Two (102) finance companies, was formed on the 11th day of April 1989 as a professional trade group to advance the business interests of its members, institute sound and ethical corporate governance practices, maintain a standard of conduct for operators, and ensure members’ compliance with statutory regulatory requirements. 

    Dr. Ayere has a history of serving trade groups, he was elected as vice president for two terms, serving behind two different presidents before being elected as president of the Association of Issuing Houses (AIHN) in 2016.  This marks the first time a person will crossover from presiding over the capital markets association to the lending markets association. Before founding DLM Capital Group, Dr. Ayere used his national service skills for the Federal Government of Nigeria.

    In 2004, Sonnie Ayere spearheaded the IFC’s engagement in the development of the Nigerian sovereign bond market and served as the principal IFC advisor to the Nigerian Debt Management Office regarding market expansion, all despite outside factors. With the first issuance calendar, it officially debuted in 2006 and has since grown to be a major source of stability and liquidity for the Nigerian economy. As of September 2023, the FGN Bond market had a turnover of N23.3 trillion. 

    Following his nomination by Dr. Ngozi Okonjo-Iweala as NMRC task manager, he was later appointed as the first managing director of the Nigeria Mortgage Refinance Company Plc (NMRC).  In 2006, Dr. Ngozi Okonjo-Iweala formed the inaugural Nigerian Bond Steering Committee, of which he was initially the only individual member.

    In his career to date, Mr. Ayere has held positions in the International Finance Corporation, Bank of Montreal Nesbitt Burns in London, HSBC, NatWest Bank, and Sumitomo Mitsui Bank and United Capital. He has advised and mediated difficult assignments for multiple businesses and governments across Sub-Saharan Africa.

  • Sonnie Ayere Bags Lifetime Achievement Award

    Sonnie Ayere Bags Lifetime Achievement Award

    Founder and Group CEO of DLM Capital Group, Sonnie Babatunde Ayere, has received a lifetime achievement award from The International Investor. This award is intended exclusively for business executives who have achieved a notable accomplishment that is currently benefitting the community and will do so for many years to come. Mr. Ayere has been recognized for his firm understanding of macroeconomic fundamentals and over 30 years of solid expertise in Corporate and Structured Finance, Banking, and Asset Management.

    Mr. Ayere has worked with HSBC, NatWest Bank, Sumitomo Mitsui Bank, Bank of Montreal Nesbitt Burns in London, and the International Finance Corporation. He has consulted on and negotiated challenging mandates for several enterprises and governments in Sub-Saharan Africa. Mr. Ayere left United Capital Group, formerly known as UBA Global Markets Ltd, as its Managing Director/Chief Executive Officer in 2009 to start Dunn Loren Merrifield (now known as DLM Capital Group).

    Mr. Ayere has applied his expertise in areas of national service to the Federal Government of Nigeria, prior to setting up DLM Capital Group. Despite external considerations, Sonnie Ayere pioneered IFC’s involvement in and championed the establishment of the Nigerian sovereign bond market in 2004 and was the primary IFC counsel to the Nigerian Debt Management Office on market development. It effectively launched in 2006 with the first issuance calendar and has since been a significant source of liquidity in the financial sector, thereby expanding the size of the capital market. The Financial Market Dealers Quote (FMDQ) now values Nigeria’s domestic bond market at N28.94 trillion as of July 15, 2022.

    Dr. Ngozi Okonjo-Iweala then nominated him as task manager for the establishment of the Nigeria Mortgage Refinance Company Plc (NMRC), and he was named its first managing director. He was also a member of the Inaugural Nigerian Bond Steering Committee set up by Dr. Ngozi Okonjo-Iweala in 2006.

    DLM Capital was also named Best Development Investment Bank 2023 and Best Comprehensive Investment Firm 2023 by Investor Awards. Mr. Ayere’s 14-year leadership of DLM Capital Group has remained focused on driving the development of the Nigerian economy by focusing expertise on key sectors such as consumer credit, agriculture, microfinance, and education, in line with our developmental mandate, to help reduce poverty, improve living conditions for Africans, and mobilize resources for the continent’s economic and social development. DLM Capital Group specializes in developing financing strategies and solutions for the Nigerian economy’s microfinance banks, asset financing, agricultural, infrastructure, electricity, energy, oil & gas, and mining sectors. DLM Capital Group is widely acknowledged as a market leader in the Nigerian capital market for providing best-in-class deal structuring and execution of advice and capital raising services.