Sterling One Foundation, in collaboration with Coca-Cola Company Nigeria, Sterling Bank Limited, and the United Nations Global Compact Network Nigeria, has reaffirmed its commitment to promoting social impact across Africa by co-hosting the Africa Social Impact Summit (ASIS) for the third year in a row.
The 2024 summit brought together over 2,000 development leaders and professionals, facilitating investments exceeding N3 billion.
In a statement released on Sunday, the foundation highlighted that this year’s summit alone unlocked more than $1 million for impactful initiatives, further solidifying its role as a driving force for sustainable development.
The Chief Executive Officer of Sterling One Foundation, Olapeju Ibekwe, stated, “ASIS was established to tackle the challenges facing the African continent, including setbacks from COVID-19, in achieving the Sustainable Development Goals (SDGs). Our focus has been on harnessing partnerships to make significant strides. We are fortunate to have partners who share this vision and have supported us from the start.”
“The commitment of our partners has been crucial to the success of this summit. By fostering collaboration and encouraging investments, we are contributing to real and lasting impact across critical sectors,” she added.
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According to the foundation, the summit attracted insights from over 120 global experts, focusing on key areas such as climate action and women’s empowerment, both of which are top priorities for its partners.
Amaka Onyemelukwe, Senior Director of Public Affairs, Communications, and Sustainability at Coca-Cola Nigeria, emphasized the importance of partnerships in achieving the summit’s goals.
She explained, “Partnerships have always been central to our strategy at Coca-Cola, and ASIS aligns perfectly with our vision. The summit’s ability to transition ideas from discussion to actionable outcomes is crucial for the development ecosystem in Africa. We are proud to support this initiative.”
The foundation also revealed that this year’s edition featured an investors’ roundtable hosted by the Lagos State Government and a deal room session, during which two tech startups, ArtisanOga and PressPay, secured deals worth $200,000.
