Connect with us
iubh
Advertisement
Alpha
Advertisement
Hotflex
Advertisement
Investment One
Advertisement
Advertisement
UBA
Advertisement
Patricia
Advertisement
app

Content Partners

Sahara Group Takes ‘Africa Energy Access’ Narrative to World Energy Congress

Sahara Group Takes ‘Africa Energy Access’ Narrative to World Energy Congress

Published

on

Sahara Group Takes ‘Africa Energy Access’ Narrative to World Energy Congress

“Global conversations and collaborations geared towards promoting access to safe, clean and affordable energy need to consider the ‘unique situation in Africa’,” Wale Ajiabade Executive Director, Sahara Group has said ahead of the 24th World Energy Congress in Abu Dhabi.

Themed “Energy for Prosperity”, the Congress kicks off on September 9, 2019, offering participants a platform to “explore new energy futures, critical innovation areas, and new strategies.”

Ajibade said the achievement of Sustainable Development Goal 7 which targets “access to energy for all” will be accelerated if all stakeholders are committed to adopting tailored solutions for Africa.

“The global push to expand access to energy through renewables and responsible mining of hydrocarbons is commendable. However, the situation in Africa is dire. Africa has the least electricity access rate in the world with over 640 million Africans having no access to energy. I believe Africa is central to the achievement of access to energy for all and I will be making a strong case for an African Energy Access Agenda at the Congress while we continue to shore up the progress being recorded across other parts of the globe,” he said.

[READ MORE: Sahara Group restates commitment to developing South Sudan’s energy sector]

Ajibade said the Congress, which is a foremost global gathering of stakeholders in the sector presents a unique platform for “an honest appraisal of the future of oil and how the sector needs to respond to ensure sustained growth in a manner that is consistent with the preservation of the environment.”

He said Sahara Group remained committed to enhancing access to clean energy through its interventions and operations in Africa, Asia, Europe and the Middle East.

“Sahara Group is currently working with the United Nations Development Programme to promote access to sustainable energy in Africa and we hope to make the partnership a template that can be replicated throughout the continent. This will be facilitated by promoting dialogue among key stakeholders while also implementing practical country-level projects. I will be sharing some insights on how we can expand such collaborations in Africa in my engagements with other delegates,” he stated.

Hotflex

With over 150 countries represented, the World Energy Congress is widely considered the world’s largest and most influential energy event covering all aspects of the energy agenda. Running since 1924, the triennial World Energy Congress enables dialogue amongst Ministers, CEOs, policy-makers and industry practitioners on critical developments in the energy sector.

The Congress offers a unique opportunity for participants to better understand energy issues and solutions from a global perspective.

British airways

Over the 90-year history of the World Energy Council, the Congress has been held in over 20 cities across the world and the 24th World Energy Congress will be held at the Abu Dhabi National Exhibition Centre, the United Arab Emirates from 9 -12 September 2019.

[READ ALSO: Angola’s oil money lures Sahara Group]

Stanbic 728 x 90
0

"NM Partners" represent articles published in partnerships with Corporate Organisations, Government and Non-Governmental Institutions, and other stakeholders seeking to publish content on Nairametrics. Content includes Press Releases, Targeted content, and other forms of corporate communications targeted at our readers. Some of these content are paid for.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Content Partners

AXA Mansard records 56% growth in profits after taxes audited

According to the company, investment and other income of N7.09 billion, up 25 per cent from5.67 billion.

Published

on

AXA Mansard to downsize business activities, awaits shareholders’ approval 

AXA Mansard Insurance Plc, a member of the AXA Group, has recorded 56 percent growth in profit after taxes audited of N4.54bn, up 56% from N2.91bn in December 2019

In a statement by the company, gross written premium of N47.58 billion, up 9 per cent from N43.62 billion while Net Premium Income of N31.72 billion, up 21 per cent from N26.29bn in December 2019

According to the company, investment and other income of N7.09 billion, up 25 per cent from5.67 billion; operating expenses of N7.7 billion, up 3 per cent N7.51billion, while profit before tax of N6.04 billion, up58 per cent from N3.83 billion recorded in December 2019.

Commenting on the results, Mrs. Ngozi Ola-Israel, the Chief Financial Officer said. “It was a challenging year, but we achieved strong growth in PAT (56%) and Underwriting profits (22%). We managed operating costs at a low level of growth of3% despite COVID headwinds and inflation. We remain committed to delivering excellent underwriting, investment and operating performance while focusing on the satisfaction of our customers and stakeholders.

Speaking on the financial development of the firm at the end of December 2020, the Chief Executive Officer, AXA Mansard Insurance, Kunle Ahmed, said “The 2020 full Year financial record is a proof of our ability to continually support customers to achieve their goals even in the midst of difficult and challenging times.

“With the support of our partners and through the harnessing of our distribution network, we achieved remarkable growth on our Health and P & C lines throughout the year. We are pleased that our continued effort to build a resilient non-bank financial services institution is yielding positive results”

0
Continue Reading

Content Partners

FirstBank launches a new corporate website, reiterates its commitment to service delivery excellence

The new website is upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions.

Published

on

First bank, Dr. Adesola Adeduntan, CEO, FirstBank

FirstBank, Nigeria and indeed West Africa’s premier financial inclusion services provider has announced the launch of its newly designed website at https://www.firstbanknigeria.com/.  The new website is upgraded with features that are streamlined to reinforce its role in delivering seamless banking and technology solutions to its customers across the world.

The website is configured with modern design and improved functionality that eases customer experience whilst carrying out various activities on the site, including electronic banking. Non-customers are also able to open an account, putting them at an edge in the industry as they establish a relationship with the Bank that puts YOU, its customers, First.

The new website seamlessly adopts a fresh, magazine-style look and feel for easy navigation in order to promote the access to essential information for its customers, FirstMonie agents, prospective agents and the public. This upgrade also guides one to make well-informed decisions about one’s personal, business and private financial needs.

Dr. Adesola Adeduntan, CEO of FirstBank Group, while speaking on the launch of the New Corporate Website, said that “as one of the key contact points to existing and potential customers, the Bank’s website remains a gateway to our business, supporting our unique value propositions and financial services solutions. As such, we are committed to continuously improve the overall user experience through intriguing content quality, exciting features and ease of navigation’’.

He further noted that “the Bank’s new website will be updated on a regular basis with exciting features that will continue to reinforce the Bank’s resolve to promote digital customer interactions and transactions across our virtual touchpoints and platforms’’.

Concluding, he remarked that ‘’the website will also serve as a financial services library that will keep customers and the public abreast of various financial services solutions and offerings, thereby helping them to improve their economic and social wellbeing’’. He encouraged everyone to explore the website and follow the Bank’s social media pages for updates.

FirstBank has continued to evolve over the years, successfully adopting the latest technology and embracing innovation in its quest to be African’s bank of first choice.

About FirstBank

Hotflex

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West Africa and the leading financial inclusion services provider in Nigeria for over 126 years.

With over 750 business locations and over 86,300 Banking Agents spread across 99% of the 774 Local Government Areas in Nigeria, FirstBank provides a comprehensive range of retail and corporate financial services to serve its over 30 million customers. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

British airways

The Bank has been handy at promoting digital payment in the country and has issued over 10million cards, the first bank to achieve such a milestone in the country. FirstBank’s cashless transaction drive extends to having more than 10million people on its USSD Quick Banking service through the nationally renowned *894# Banking code and over 4.5 million people on FirstMobile platform.

Since its establishment in 1894, FirstBank has consistently built relationships with customers focusing on the fundamentals of good corporate governance, strong liquidity, optimised risk management and leadership. Over the years, the Bank has led the financing of private investment in infrastructure development in the Nigerian economy by playing key roles in the Federal Government’s privatisation and commercialisation schemes. With its global reach, FirstBank provides prospective investors wishing to explore the vast business opportunities that are available in Nigeria, an internationally competitive world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of the Financial Times Group; “Best Retail Bank in Nigeria” for seven consecutive years (2011 – 2017) by the Asian Banker International Excellence in Retail Financial Services Awards and “Best Bank in Nigeria” by Global Finance for 15 years. Our brand purpose is always to put customers, partners and stakeholders at the heart of our business, even as we standardise customer experience and excellence in financial solutions across sub-Saharan Africa, in consonance with our brand vision “To be the partner of the first choice in building your future”.

Stanbic 728 x 90

Our brand promise is always to deliver the ultimate “gold standard” of value and excellence. This commitment is anchored on our inherent values of passion, partnership and people, to position You First in every respect.

www.firstbanknigeria.com

0
Continue Reading

  





Nairametrics | Company Earnings

Access our Live Feed portal for the latest company earnings as they drop.