Monday, November 24, 2025
34.7 C
Lagos

UN, Sterling One Foundation Lead Coalition Ahead of ASIS 2025

L–R: Mohamed Malick Fall, Assistant Secretary-General and United Nations Resident and Humanitarian Coordinator in Nigeria; Olapeju Ibekwe, CEO, Sterling One Foundation; and Abubakar Sulieman, MD/CEO, Sterling Bank at the recently held Africa Social Impact Summit 2025 World Press Conference at the United Nations House, Abuja.

Ahead of the Africa Social Impact Summit (ASIS) 2025 scheduled for July 10 and 11 in Lagos, co-conveners Sterling One Foundation and the United Nations in Nigeria held a high-level press briefing at the United Nations House in Abuja.

The event brought together development partners, policymakers, and the media to outline expectations for the upcoming summit and reflect on Africa’s role in defining local responses to global challenges.

Since its launch in 2022, ASIS has grown into a key platform for regional development collaboration. From eight founding partners, the summit now brings together over 40 institutions working across climate, healthcare, education, finance, governance, and digital inclusion. This expansion points to a growing shift: African institutions are pushing to set the agenda, not wait to be handed one.

The 2025 summit, themed “Scaling Action for the SDGs: Bold Solutions for Climate Resilience and Policy Innovation,”will focus on strengthening sub-national development, rethinking finance flows, and tackling structural inequalities through long-term investment and reform.

Speaking at the press briefing, Mohamed M. Malick Fall, Assistant Secretary-General and United Nations Resident and Humanitarian Coordinator in Nigeria, reinforced the urgency of this year’s convening.

“The climate crisis is eroding decades of development across Africa, displacing communities, disrupting education and health systems, and undermining economic stability. But lasting solutions must come from those living the impact daily. As co-conveners of the summit, and with this year’s theme Scaling Action: Bold Solutions for Climate Resilience and Policy Innovation, ASIS offers a platform for African institutions to lead and for global partners to respond with investment, policy reform, and serious commitment.”

In a presentation on the summit’s evolving impact, Olapeju Ibekwe, CEO, Sterling One Foundation, reflected on the summit’s trajectory:

“ASIS has never been about convening for its own sake. Each summit marks a deliberate step to mobilize capital, shift policy, and advance African-led solutions. Already, we have seen over 100 million dollars unlocked through coalition efforts. That scale is not accidental. It is the product of systems thinking, partnership, and a commitment to putting Africa’s priorities at the center of global development conversations.”

In his remarks, Abubakar Suleiman, MD/CEO, Sterling Bank emphasised the private sector’s enduring role in the ASIS journey:

“Sterling Bank has been a strategic partner to ASIS from the very beginning. As global development funding becomes more constrained, it is increasingly clear that the private sector must help drive scalable solutions. Our engagement with ASIS reflects a belief that impact is not a side effort but core to building resilient economies and inclusive growth.”

Other partners in the room echoed the need for bold, cross-sector investment in areas such as health systems, youth employment, education access, and digital infrastructure.

ASIS boasts a coalition of over 40 institutions that includes Afreximbank, Coca-Cola, United Nations Global Compact Network Nigeria, Sterling Bank and other theme and technical partners, with Lagos State as the host city.

Interested participants are encouraged to register at theimpactsummit.org

 

About the Co-Conveners

Sterling One Foundation (SOF) is a registered non-profit focused on tackling the root causes of poverty in Nigeria, and Africa through interventions and social impact programmes across three critical sectors namely: health, education and climate action & food security. Gender Equality and women empowerment are integrated as a cross-cutting priority across all our programming areas. The Foundation’s programmes adopt a central theme of prioritizing partnerships for the achievement of the Sustainable Development Goals (SDGs).

 

The UN

The United Nations System (UNS) in Nigeria, comprising 19 resident and 4 non-resident entities, has had a long and productive engagement with the Federal Republic of Nigeria since its independence. The UN has been a catalytic supporter and trusted partner in Nigeria’s development efforts.

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Pension Managers wins Best PFA Nigeria 2025 at Global Banking & Finance Awards

With a legacy built on trust, innovation, and results,...

Ibru Varsity Pro-Chancellor, Anthony Kila, to Chair Business Journal Annual Lecture 2025

Professor Anthony Kila, Pro-Chancellor, Michael & Cecilia Ibru University,...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

EFCC Invests in Digital Forensics to Tackle Emerging Crime Challenges

L-R: Dr. Abidemi Cornelius Adegboye, Department of Economics, University...

Topics

IMF Seeks Increase in Banks’ Capital Requirement in West Africa

Citing rising level of non-performing loans at 15.7 per cent and commercial banks’ borrowing from their central banks at nine per cent of liabilities in the West African Economic and Monetary Union (WAEMU), the International Monetary Fund (IMF) has strongly advocated increase in banks’ capital adequacy requirements to maintain sound financial stability for regional economic growth. The Fund observed that while the average capital adequacy ratio of banks (9.3 percent) was above the minimum required (8 percent) at the end of June 2014, it was however lower than the minimum required in half of the countries in the region, just as the level of non-performing loans reached 15.7 percent of total loans.

Stanbic IBTC Charts Course for Real Estate Dev in Nigeria

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC...

Niger Insurance to Realign Business Model to Spur Growth

Dr. Stephen Dike, Chairman, Niger Insurance Plc told shareholders...

CWG Rated Among Top 50 Technology Business Companies in West Africa

CWG Rated Among Top 50 Technology Business Companies in...

UNDP to Launch North-East Livelihoods, Economic Recovery Report

The UNDP in Nigeria is set to launch the...

Ebola: The Insurance Effect

The Ebola Virus Disease (EVD) pandemic has gripped the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img