Africa Business Leaders Coalition

Unlocking the Potential
of Africa Together

Africa is a youthful, resource rich, geographically vast, and politically diverse continent with expanding economies, robust private sectors, growing wealth, and improving governance and institutions.

Amidst all this potential, however, the continent continues to face challenges related to infrastructure, financial access, informality and global competition – all of which leads to economic inequality and poverty. The global pandemic and climate change have exacerbated these challenges.

SDGs


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The Opportunity

With the 2030 Agenda for Sustainable Development deadline fast approaching, the Climate Change Conference of Parties (COP 27) taking place in Africa in 2022, and the implementation of the African Union’s Agenda 2063, now is an opportune moment to create a collective blueprint that will transform Africa into a global powerhouse of the future.

To fulfill this vision, businesses in Africa must embrace responsible business practices and become stewards of sustainability. As we unlock this enormous opportunity, Chief Executive Officers (CEOs) have a vital role to play.




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The Africa Business Leaders Coalition is a CEO-led initiative emanating from the UN Global Compact Africa Strategy 2021-2023, committed to advancing sustainable growth, prosperity, and development in Africa by bringing measurable impact to its most pressing issues. The ABLC will work closely with the UN Global Compact Hub in Abuja and 10 African Local Networks operating across Africa.

Ahead of COP27 to be held in Egypt in November 2022, ABLC will focus its efforts on sustainable development and ambitious climate action by bringing the perspectives of African CEOs and Board Chairs into the global conversation. This will culminate in an ABLC Climate Statement in support of COP27, anchored in the goals of the Paris Agreement, the Sustainable Development Goals, and the Ten Principles of the UN Global Compact.


Climate change presents a $3 trillion investment opportunity in Africa by 2030. But this potential will not be realized unless the private sector is involved. This coalition has a critical role to play in ensuring the voice of Africa’s private sector is heard on the global stage to ensure the continent’s growth is not only sustainable but also green.”

- Sanda Ojiambo, Assistant Secretary-General and CEO, UN Global Compact


Founders Group

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Herbert Wigwe
Access Bank
CEO

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Brahim Benjelloun Touimi
Bank of Africa
Chairman

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Strive Masiyiwa
Econet Wireless
Founder and Executive Chairman

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James Mwangi
Equity Group
CEO and MD

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Hichem Elloumi
COFICAB Group
CEO and Chairman

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Karim Bernoussi
Intelcia Group
CEO

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Phuthi Mahanyele Dabengwa
Naspers
CEO

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Yasmine Mohamed Farid Khamis
Oriental Weavers Carpets Co.
CEO and Chair

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Peter Ndegwa
Safaricom
CEO

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Fleetwood Grobler
Sasol
President and CEO

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Amir Barsoum
Vezeeta
Founder and CEO

With support from Boston Consulting Group.