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Glo sets for CEO Forum, calls for African economic growth

Ladesope Ladelokun

Globacom has explained that it is supporting the 2019 Africa CEO Forum as part of its commitment to the realisation of regional integration to driving private sector growth.

This, it said, will help create more African business champions.

The company promised to sustain its investment in communication infrastructure to enhance the industrialisation of the continent, saying that there was a need to empower African businesses to lead economic growth in the region.

It also harped on the need for big businesses to continue investing in the continent to promote economic dynamism and independence.

The 2019 Africa CEO Forum is scheduled for Kigali, Rwanda, on March 25 and 26, and the total telecommunications solutions provider is the Apex Diamond partner of the event.

The company said it hopes to use the forum as an avenue to push the continent towards prosperity, given the profile of participants and the range of issues to be addressed.

The Executive Vice Chairman of Globacom, Mrs Bella Disu, will also chair the ‘Women in Business Initiative’ session at the continental forum during which key challenges facing Africa’s private sector, including the “representation of top women executives in the boardroom and the modernisation of family business governance” will be discussed.

Globacom cited its Glo1 submarine cable which has landing points in Lagos, Nigeria; Accra, Ghana; Dakar, Senegal; Nouakchott, Mauritania and in Casablanca, Morocco, and terminating in Bude England through Sesimbra in Portugal and Vigo in Spain as an instance of its passion for pan African investments.

“We became the first company to single-handedly build an international submarine cable, Glo 1, to provide sufficient bandwidth to drive internet penetration in parts of Africa,” it observed.

The summit which will feature over 40-panel discussions, public-private workshops and case studies by business leaders, shareholders, investors, heads of state and ministers is a platform for chief executives of African businesses, international investors and global policymakers to champion private sector-led growth on the continent.