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Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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ICT

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

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ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

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SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

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SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

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SEC DG: Digital Assets Represent $10tn Opportunity by 2030

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

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Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

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Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

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  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Capital Market

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Graduating Cadets of the Nigerian Defence Academy (NDA) have...

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SEC DG: Digital Assets Represent $10tn Opportunity by 2030

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Samsung: Corporate Citizens Could Make Impact on Africa’s Sustainable Development Goals

Prepared to follow on from the Millennium Development Goals (MDGs), the 17 Sustainable Development Goals were unveiled with the aim of taking steps towards building a better world in the next 15 years.
This is no easy target. The UN has spent significant time analysing the successes and failings of the MDGs in order to apply the learnings to the SDGs. The MDGs did produce some good outcomes, such as contributing to decreasing the proportion of people living on less than $1.25 from 47% in 1990 to 14% in 2015.
However, it is also acknowledged that progress has been limited, with many being left behind.
According to reports, the SDG strategy will require an annual outlay of $2.5 trillion for it to be implemented successfully, which will need to come from private investment. It’s certainly something the private sector wants to get involved with in an effort to show support for sustainable development.
The SDGs hone in on growth as the main solution to poverty, but we are still in a position where most of the global GDP growth remains in the upper echelons of society, rather than having an impact on the poor. The amount of growth needed to truly end poverty would also have a significant impact on environmental issues such as climate change.
So this leaves the corporate sector, called on to make the investment needed to achieve these goals, in a tricky situation. Where do we invest to ensure we aren’t encouraging one area of growth at the expense of another?
Corporate investors play such a central role in the roll-out of the SDGs, and there’s a lot of work that needs to be done when it comes to our specific commitments and accountability mechanisms.
With this framework, Samsung’s aim is to make a positive contribution towards the SDGs by positively impacting the lives of people. The company continues to inspire the world and create the future through innovative technology that enriches people’s lives and contribute to social growth.
We see ourselves as an active participant in the global agenda to help promote positive change by using our global network of employees, suppliers and partners; which is why we have established solutions which help address the felt need of communities, particularly in education, health, skills and employability.
In 2015, we have established Digital Villages in various countries in Africa including Sudan, Democratic Republic of Congo, Gabon and Senegal to mention a few.
Designed in collaboration with African communities, the Digital Village concept comprises of mobile, solar-powered facilities including a connected admin centre, solar powered internet school, solar powered generator and solar power mobile health centre, which can be configured to serve as the high-tech hub of rural and underserved communities.
In addition to delivering desperately-needed services to communities, the Digital Village also delivers WiFi access and power to the broader community, often for the first time. This access sparks small business development and information-sharing, e-government service delivery and agricultural progress in areas that have been sidelined in the information age for too long.
It makes sense to get behind the SDGs because they are a mechanism to help end poverty and promote sustainability across the board. It may be Corporate Citizenship that kick starts the process, but it is essential that every individual is working towards a common goal.
There is no doubt that the SDGs will, in one way or another, shape the global agenda on economic, social and environmental development over the next 15 years. It is also true that global action is the best way to ensure accountability and inclusivity.
Ultimately the call is for everyone from government, to the private sector and civil society to play their part in creating a sustainable future.

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Topics

Linkage Assurance, Niger Delta Varsity to Harness Talent for Insurance Industry

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Emirates Officially Reinstates Flights to Nigeria, Engages CBN

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Heirs Life CEO, Onifade: ‘Retirees Should Adopt Annuity as Retirement Income’

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Consolidated Hallmark Insurance Plans Micro-Life Firm in 2020

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