NLNG Corporate Caring banner First bank SME Connect Fidelity bank card banner Emerald Energy Institute Camano banner

Red Cross, Tony Elumelu Foundation partner to create economic opportunities in conflict prone regions

By News Express on 13/09/2019

Gmail icon

Views: 223


 

Tony O. Elumelu, Founder of the Tony Elumelu Foundation, and Peter Maurer, President of the International Committee of the Red Cross (ICRC), have proffered entrepreneurship as the most sustainable solution to accelerating Africa’s transformation. Both men spoke on Thursday during a one-on-one conversation at the just concluded Forum organised by ICRC. The two key speakers called for a new private-sector-led approach to humanitarian development in Africa.

While speaking at the Forum, Peter Maurer commended the Tony Elumelu Foundation’s private-sector-led approach as the gold standard of humanitarian development in Africa focused on impacting lives at scale and transforming the continent.

He said: “On one side, it is important that we assist and protect people when they are disrupted by violence and war. But what brought me together with Tony is not the white shirt and the blue suit, it is his deep conviction that with longer and protracted conflict we need to bring people much earlier into independence.”

He added: “We need, more than ever, in the most fragile, violent parts of society to show the pathway to independence and to a dignified life and this goes with income-generating activities, productive activities, with small businesses. This is why we partnered with the Tony Elumelu Foundation.”

On his part during the discussion themed “Private Sector Partnerships with Humanitarian Organisations: Putting People First”, Elumelu commended Maurer’s leadership and the decision to partner with the Tony Elumelu Foundation to eradicate extremism and violence.

He said: “Through the partnership between TEF and ICRC, a lot is happening that shows the catalytic impact of your vision. Ours was the first ever partnership that ICRC had explored using a different approach to humanitarian development, from the angle of empowering the private sector. Today, the Tony Elumelu Foundation has partnered with AfDB on empowering 1,000 beneficiaries, UNDP which started with 1,000 entrepreneurs and has now been scaled up to empower 100,000 African entrepreneurs starting with the Sahel region. The most important thing is that we give economic hope and opportunity to our people and reduce the cases of fragility that we see across the continent.”

In 2018, ICRC and the Tony Elumelu Foundation partnered to sponsor 200 entrepreneurs from the North East and Niger Delta regions of Nigeria to catalyse and accelerate transformation while scaling impact in conflict-prone areas. The intervention is built on the existing Tony Elumelu Foundation’s USD100 million commitment to empower 10,000 young African entrepreneurs in 10 years across the continent. Driven by the economic philosophy of Africapitalism, it represents a bottom-up approach with the goal of creating millions of jobs and increased revenue on the continent.

The ICRC Forum took place in Lagos and gathered key stakeholders in government and humanitarian development to explore alternative approaches to impacting lives on the continent. Present at the event were Princess Aderemi Adebowale, representing Governor of Lagos State, Mr. Babajide Sanwo-Olu; Babtunde Paul Runwase, President, Lagos Chamber of Commerce and Industry; Juan Luis Coderque Galligo, Head, New Financing Models, ICRC; and Mrs. Ifeyinwa Ugochukwu, CEO, Tony Elumelu Foundation; amongst others.

Tony O. Elumelu, Founder of the Tony Elumelu Foundation, and ICRC President Peter Maurer at the Forum

Source News Express

Posted 13/09/2019 7:08:18 PM

 

 

CLASSIFIED ADS

 

You may also like...
RIGHTSView: AS NORTH BUYS IN ON STATE POLICE...

Zaria Shiites tragedy: Army probe clears killer soldiers...

WHO moves against snakebite bite •1.8m-2.7m bitten annually,...

University of Abuja shut indefinitely over student protests...

O, my Sallah meat!

Police summon Uwazuruike over death of MASSOB members...

Obaseki makes case for ICT-based teaching

Police warns against illegal arrests, harassment of innocent...

ACF to Jonathan: Blame yourself for your defeat...

8,236 Abia youths recruited for 2nd batch of...

Buhari pledges to tackle insecurity, promote agriculture if...

Why Jonathan Chose Sambo Dasuki as National Security...

 

Latest News Pastor regains freedom after seven months in Boko Haram custody Kidnappers kill businessman after collecting ransom 130 soldiers face court martial in Borno Ex-Governor’s aide escapes assassination NCP, Katsina Governor trade words over ‘bribe’ for judge Bayelsa guber: Gladiators who’ll shape poll Community protests alleged land racketeering in Enugu Nigerians have fifth worst average life expectancy of 55 years: Report Ex-British intelligence officer found dead in the street South East Miyetti Allah Chairman to members: Pray for continued peace with host communities David-West’s death painful — Obi •Says he served Nigeria and humanity to the best of his ability Nigeria contributes highest number to global pneumonia child deaths

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (561,271 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (451,572 views) Shameless Genevieve Nnaji exposes breasts in public (400,517 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (334,532 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (302,939 views) 10 cars more expensive than Jets (278,918 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (258,346 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (256,447 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (237,955 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (224,273 views) Lagos plane crash: Journalist releases victims’ names (200,935 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (197,750 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (108) Business & Economy (4,560) Business Verdict (85) Columnists (1,142) Complaints & Requests (97) Enterprise & Opportunities (219) Entertainment (701) Features (844) Global Business Monitor (493) ICT Monitor (67) International (4,192) Interview (211) Live Commentary (30) Love Matters (176) Maggie's Blog (481) News (53,857) Opinion (1,418) Pidgin (17) Politics (11,686) Religion (1,118) Sports (2,221) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera