Sterling One Foundation has joined other private sector organizations and UNHCR, the UN Refugee Agency to pledge support for displaced persons across the continent.
This commitment was made at the Africa Private Sector Forum on Forced Displacement, themed “36 Million Solutions”, held recently.
The conference which was hosted in Rwanda by the Amahoro Coalition, the UNHCR, and the Africa Entrepreneur Collective featured conversations around ways the private sector could engage with displaced people through employment and entrepreneurship opportunities, as well as financial inclusion and learning innovations.
The 3-day forum allowed various business leaders and development experts to share insights into the humanitarian work and investments being made at their various organizations to support refugees and the impact these efforts were creating for displaced persons on the continent. Prominent among these was the work of MADE51, an initiative of the UNHCR which gives refugee artisans across Africa a platform to collaborate and produce a range of handmade artworks, some of which were exhibited at the conference.
Speaking at the event, the Chief Executive Officer, Sterling One Foundation, Olapeju Ibekwe, stressed that the Foundation had a systemic approach to the various challenges militating against poverty reduction in the country and had established a free banking solution for all non-profit players supporting displaced persons across Nigeria in partnership with Sterling Bank and the Nigeria Network of NGOs.”Displacedpersons are our brothers and sisters and need our support to get back on their feet and become valuable contributors to economic development in our communities. At the Sterling One Foundation, we have been working with displaced persons in IDP camps in Nigeria since 2020 through outreach programs while supporting women and youth in coastal communities which records recurrent incidents of forced displacement. We remain committed to supporting them and will provide capacity building on vocational, entrepreneurship and employability skills for them with access to finance for agribusiness ‘, she said.
Ibekwe added that grants were made available on the continent’s first free crowdfunding platform, www.giving.ng in critical sectors. The platform also enabled transparency in giving back by both corporate Nigeria and individuals in support of the development ecosystem including internally displaced persons across the country.
‘Giving.ng will help give more organizations working with displaced persons the right channel to tell their unique stories and unlock the power of the collective to access the funds they need for the important work they do.’ She stressed.
Speaking about the importance of reimagining solutions for displaced persons, the UNHCR Deputy High Commissioner, Kelly T. Clements during her keynote address stressed that refugees are eager to contribute meaningfully to the communities where they find themselves and therefore need partners who can help them maximize their potential.
In her words: “Refugees and displaced people are part of our communities, locally and globally. When I said earlier that we must invest in their potential, the return is not only for them but by extension to host communities and the global community at large.”
Responding to her call to action and those of other business leaders such as Sangu Delle, investor and CEO of Africa Health Holdings and Hon. Toyin Saraki, President, Wellbeing Foundation Africa, leaders of the attendee organizations pledged to continue to support displaced persons in their different countries and using different approaches.
